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Article: Fort Knox National Bank Joins NACHA.
- Article from:
- PR Newswire
- Article date:
- March 18, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HERNDON, Va., March 18 /PRNewswire/ -- Fort Knox National Bank, a subsidiary of Fort Knox National Company, has joined NACHA - The Electronic Payments Association as its 18th financial institution member.
"The ACH Network is becoming the payment network of choice for companies to collect receivables from consumers," said James R. Fugitte, President and Chief Executive Officer of Fort Knox National Company. "Membership in NACHA ensures that Fort Knox National Bank and Fort Knox National Company remain at the forefront of innovations in the payments system."
"As electronic payments overtake checks, and as new Automated Clearing House products are ...