HERNDON, Va. (4/22/10)--Credit unions are among the top 50 receiving financial institutions of automated clearinghouse payments for 2009. The Electronic Payments Association (NACHA) released its list of top 50 origination and receiving financial institutions for the year. On the receiving side, State Employees CU, Raleigh, N.C.; The Golden 1 CU, Sacramento; America First CU, Ogden, Utah; and Navy FCU, Merrifield, Va., were among the institutions listed. Financial institutions in NACHA’s top 50 receiving institutions accounted for 8.53 billion transactions in 2009, consistent with 2008 numbers, NACHA said. In the top 50 data, NACHA includes all ACH-formatted transactions that financial institutions sent or received from an operation or directly to or form another financial institution. ACH payments include direct deposit, expense reimbursement, Social Security benefits, tax refunds, direct payment of consumer bills, payments made by Internet and phone, check conversion, business-to-business payments and federal tax withholdings.