ACH FEDERAL PARTNERS WITH NORTH ALABAMA BANK TO PROVIDE A VARIETY OF ACH PROCESSING SERVICES FOR ITS BUSINESS CUSTOMERS

Leading Electronic Payments Provider Teams with Local Alabama Financial Institution
To Give Its Business Customers Comprehensive ACH Services

CHATTANOOGA, TN – January 26, 2011 – ACH Federal, a provider of Web-based ACH processing services to both banks and businesses, today announced it has joined forces with North Alabama Bank, giving the company a greater portfolio of services to meet the demanding needs of its business customers.

Under the agreement, North Alabama Bank will utilize ACH Federal’s Payment Processing Platform (PPP) for its business customers. The bank’s customers will now have access to use the ACH Federal platform for deposits or credits delivered directly to their accounts. This is completed electronically via the Automated Clearing House (ACH) network.

As a small, local financial institution, North Alabama Bank did not have the internal resources to provide ACH processing and services to its customers. By partnering with ACH Federal, the bank can now offer its business customers front-end and back-end support to process all transactions, including vendor or customer payments. Customers can also choose to process their online transactions via credit card. From medical companies to construction firms, retailers to lawyers, North Alabama bank customers now have access to complete ACH processing services.

“Partnering with North Alabama Bank illustrates how we are able to meet the specific demands of multiple financial institutions,” said Russ Scudder, president of ACH Federal. “From local community banks, to credit unions to large banks, ACH Federal has a wide portfolio of products and services designed to meet the unique needs of our individual customer.”

To best help expedite its customers’ demands in the most direct and timely manner, ACH Federal has a terminal that connects directly to the Federal Reserve. ACH Federal provides secure online payment processing for small banks, business and financial institutions via a streamlined, easy-to-use Web-based platform. In addition to providing risk management and compliance programs, ACH Federal’s platform meets the highest security standards, using dual-file approval systems, multi-factor authentication and industry-leading data encryption technology for all transactions.

About North Alabama Bank
North Alabama Bank is the only locally owned bank in Madison County, AL and has the flexibility to serve both customers business and personal banking needs with sophisticated products and services but with a hometown attitude. It provides products and services to meet a wide variety of financial needs, such as, but not limited to: checking, savings, loans, no fee debit cards, 24-hour telephone account access, online banking with BillPay, image statements, drive-thrus and ATMs at all branches as well as friendly and knowledgeable staff. For more information, please visit http://www.northalabamabank.com

About ACH Federal
ACH Federal provides a simple and secure Web-based solution for banks and businesses to reduce the risk associated with electronic payments, while decreasing costs and increasing efficiency. ACH Federal was founded in 2007 by three accredited ACH professionals with vision for providing better ACH solutions and customized services to banks and small businesses. Today, the company’s expert management team has more than 80 years of combined ACH industry experience including six Accredited ACH professionals (AAPs). For more information, visit www.achfederal.com.