LAFCU employees earn national electronic payments accreditation
Monday, March 07, 2016
Posted by: Eric Dimoff
LAFCU employees Amy Parker and Terri Klein Gove have earned the designation of Accredited ACH Professional (AAP) from the National Automated Clearing House Association (NACHA).
NACHA manages the ACH Network, which facilitates the electronic movement of money and financial data that support direct deposits and payments in the United States. Financial professionals with the AAP designation have demonstrated knowledge of the NACHA Operating Rules, the ACH Network and other payments systems, technical and operational ACH requirements, risk management, and payments-related regulations across channels.
“This achievement by Amy and Terri is of great value to LAFCU,” said Pat Spyke, LAFCU executive vice president. “They will help us more effectively manage our use of the ACH Network, enhance LAFCU’s risk management profile and ensure regulatory compliance.”
Parker is an accounting manager with more than five years experience in the payments industry. The Dewitt resident has been with LAFCU for nearly 10 years.
Gove is a bookkeeper with five years of payment industry experience and has been with LAFCU for 31 years. She is a resident of St. Johns.
NACHA recommends that a financial professional have a minimum of two years of experience in the automated clearing house field before taking the three-hour AAP exam. Completion of 60 renewal credits within the five-year accreditation period is required to maintain accreditation. There are only 4,000 Accredited ACH Professionals in the U.S.