MADISON, Wis. (6/24/09)--Credit union professionals can receive tips to get the most out of automated clearing house (ACH) use in the first of two recently released white papers from the CUNA Councils. “ACH Payments: A Key Tool in Your Electronic Payments Toolbox,” from the CUNA Operations, Sales, and Service Council, analyzes this important time- and money-saving tool for credit unions. The paper looks at how ACH works and how it has evolved, its benefits and pitfalls, and future innovations. Also, it provides examples from credit unions that use ACH to originate and receive funds transfers. It illustrates how each credit union approaches the process a little differently, and includes tips for successful use. A second white paper, “Differentiating Credit Unions by Asset Size: Key Financial Issues,” examines the characteristics of credit union groups when asset size is the distinguishing variable. The paper, sponsored by the CUNA Chief Financial Officers (CFO) Council, was authored by Dr. Harold Sollenberger and Andrew Stanecki from Michigan State University in East Lansing, Mich. Using trends from the past four years, the paper arranges credit unions into six asset size groups and draws comparisons. It then offers analysis on key issues, including: member growth, deposit growth, loans-to-deposits patterns, asset quality, capital, earnings, operating expenses and liquidity. For more information, use the links.