Payments Operations to Merge

DALLAS – The National Clearing House settlements network announced yesterday it has agreed to merge with Payments Resource One, a regional payments association for Arizona, Colorado, Wyoming and northern New Mexico. “PRO has a long-standing relationship with NCHA,” said Mike Litzau, executive vice president of Sooper CU and chairman of the PRO board. “We are convinced that the combined strengths of our two organizations will create a new entity that will better serve the aggregate membership.” NCHA provides check clearing, settlement and related services to 608 banks and credit unions and to 21 clearinghouses across the country.

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