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New and improved ACH Services goes live in March

Corporate One recently announced we are changing our ACH Services platform to one provided by Lending Tools. We selected a Lending Tools platform because it is reliable, easy to use and robust enough to accommodate varying member preferences in processing ACH transactions. Most importantly, it is a three-tiered, correspondence service model that is well-suited for a corporate credit union serving credit unions, and that of credit unions serving business accounts. We currently have 65 credit unions already processing in the new system, and will convert the remaining member credit unions to the new system by the end of March.

Get trained on the new ACH Services:

ACH for Receipt and Returns:
March 7 at 11:00 a.m. ET

ACH for Receipt and Returns:
March 8 at 3:00 p.m. ET

ACH for Originators:
March 7 at 3:00 p.m. ET

ACH for Originators:
March 8 at 11:00 a.m. ET

We are working through the ACH administrators at each credit union to verify that their respective credit union has been set-up accurately. We encourage all ACH Administrators to view the “Conversion timeline and administrator checklist” that was emailed to them on Friday, February 10, 2017. Users were emailed on Monday, February 17, 2017.

We will be offering live training webinars on the conversion the week of March 6. We highly recommend users register to attend the trainings relevant to how they use ACH Services to ensure a smooth transition to the new system.

  • ACH for Receipt and Returns: March 7 at 11:00 a.m. ET or March 8 at 3:00 p.m. ET
  • ACH for Originators: March 7 at 3:00 p.m. ET. or March 8 at 11:00 a.m. ET

These previously recorded webinars here can be found in Members Only/Member Resource Center/ACH Services.

  • Conversion to Lending Tools overview
  • Lending Tools system overview for ACH Administrators

ACH administrators are encouraged to view the “Lending Tools system overview for ACH Administrators at their earliest convenience.

Please contact Member Services at 866/MyCorp1 with any questions. Select option 4 to reach our Implementations department or email Implementations at mid@corporateone.coop.