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Have you seen the acronym ACH before? You know it has something to do with payments, and you’ve asked yourself, “What does that actually mean?” It’s not so much what it means, but rather what ACH stands for… ACH stands for the Automated Clearing House. The Automated Clearing House ... Read more
Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.