Simplify Your Funds Management with One Stop, Cross-Channel Settlement
Serving as your correspondent bank, EasCorp offers intrabank settlement services to simplify your cash management and liquidity monitoring. We settle transactions from all payment rails, including check and payments processing, ACH, wires, the FedNow® Instant Payments Service, The Clearing House RTP® network, and vendor payment activity, in your primary EasCorp account.
One Easy-to-Use Online Portal
Batch, Same-Day, and Real-time Processing
Self-service Reports with Complete Transaction Data
Settlement for Instant Payments
Whether you are on one faster payments network or both, EasCorp can manage the concurrent settlement of these transactions so you can focus on providing the member-first, secure, and modern payments that the market demands.
Real-Time Payments (RTP®)
The first instant payments rail in the U.S., The Clearing House Real-Time Payments (RTP®) network launched in 2017. Today, this critical digital payments infrastructure averages 1 million transactions per day.
- Available to member credit unions currently receiving payments on, or planning to integrate with, the RTP® network
- Instant settlement of transactions on your behalf through The Clearing House joint prefunded account at the Federal Reserve Bank of New York
- Net settlement entry to your Daily Transaction account
FedNow Service®
Launched in 2023, the FedNow® Service is a public-sector instant payments infrastructure available through the Federal Reserve.
- Real-time, gross settlement through your Daily Transaction account or the Fed
- Liquidity monitoring and funds management support, ensuring sufficient funds for your payment volume 24/7/365
- Vendor-agnostic services
- An instant payments gateway that grants full access to the FedNow® infrastructure is available from our CUSO, Vertifi
A Solid Foundation for Prosperity
EasCorp fosters its member credit unions’ growth through exceptional consultative services and financial solutions. Discover what EasCorp can do for you — talk to a member of our team today.