The Clearing House | Company Profile - Revenue, Headcount, Tech Stack, Contacts
The Clearing House is the oldest banking association and payments company in the United States, established in 1853.
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The Clearing House is the oldest banking association and payments company in the United States, established in 1853. It is owned by the largest commercial banks, which collectively hold more than half of all U.S. deposits. The organization operates as both a banking association and a payments infrastructure company, consisting of The Clearing House Association L.L.C. and The Clearing House Payments Company L.L.C.
Evolving from its origins in check clearing, the organization now processes nearly $2 trillion in payments daily. It operates critical payment systems such as electronic check clearing, a wholesale funds transfer system, and the RTP® network enabling real-time payments. As the sole private-sector operator of ACH and wire transfer systems in the U.S., it delivers secure and efficient services to its member banks and financial institutions. The Clearing House Association also advocates for its member banks in regulatory matters, supporting a competitive and safe banking environment.
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