---
title: National Cooperative Bank Approved to offer FedNow Service
description: NCB announces that it has been approved by the Federal Reserve, to join the growing list of financial institutions that offer FedNow Service.
image: https://www.ncb.coop/hubfs/NCB%20CU%20Logo.png
---

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[More](https://www.ncb.coop/press-releases/national-cooperative-bank-approved-to-offer-fednow-service#)

## Press Releases

- [National Cooperative Bank (56)](https://www.ncb.coop/press-releases/tag/national-cooperative-bank)
- [NCB (18)](https://www.ncb.coop/press-releases/tag/ncb)
- [Coop Housing (10)](https://www.ncb.coop/press-releases/tag/coop-housing)
- [financial literacy (4)](https://www.ncb.coop/press-releases/tag/financial-literacy)
- [ACE Hardware (3)](https://www.ncb.coop/press-releases/tag/ace-hardware)
- [Co-op Education (2)](https://www.ncb.coop/press-releases/tag/co-op-education)
- [Store Opening (2)](https://www.ncb.coop/press-releases/tag/store-opening)
- [consumer education (2)](https://www.ncb.coop/press-releases/tag/consumer-education)
- [#BankingOnValues (1)](https://www.ncb.coop/press-releases/tag/bankingonvalues)
- [#TogetherForThePlanet (1)](https://www.ncb.coop/press-releases/tag/togetherfortheplanet)
- [Co-op 100 (1)](https://www.ncb.coop/press-releases/tag/co-op-100)
- [ESOP (1)](https://www.ncb.coop/press-releases/tag/esop)
- [Employee Owned (1)](https://www.ncb.coop/press-releases/tag/employee-owned)
- [Everfi (1)](https://www.ncb.coop/press-releases/tag/everfi)
- [Homeownership (1)](https://www.ncb.coop/press-releases/tag/homeownership)
- [Personal Banking (1)](https://www.ncb.coop/press-releases/tag/personal-banking)
- [Solar Financing (1)](https://www.ncb.coop/press-releases/tag/solar-financing)

[More](https://www.ncb.coop/press-releases/national-cooperative-bank-approved-to-offer-fednow-service#)

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# National Cooperative Bank Approved to offer FedNow Service

February 29, 2024

![NCB CU Logo (2)](https://www.ncb.coop/hubfs/NCB%20CU%20Logo%20(2).svg)**Arlington, VA (February 29, 2024)** — National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, is pleased to announce that it has been approved by the Federal Reserve to be added to the growing list of financial institutions that offer FedNow Service.  

The FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows eligible depository institutions of different sizes across the U.S. to provide instant payment services. NCB will offer this service as a settlement provider to our correspondent banking credit union customers along with the wires, ACH, and cash activity we settle as a correspondent bank.

Media Contacts

#### Mary Alex Blanton

Senior Vice President  
[703.302.8876](tel:7033028876)

#### Heather Cummings

Vice President  
[937.393.6429](tel:9373936429)

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