Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic
Business Wire•30/09/2026•06:30 ET
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Key Highlights
- ➤FHLB Cincinnati (FHLB) moves member payment processing to ACI Connetic.
- ➤ACI Worldwide (ACIW) will operate Connetic as a service for FHLB Cincinnati.
- ➤Fedwire Funds Service connection is in scope for FHLB Cincinnati.
- ➤FHLB Cincinnati Advances outstanding grew in the first half of 2026.
Expert Statements
Andrew S. Howell, President and chief executive officer, FHLB Cincinnati
“Our mission is to support our members and their communities by providing funding where and when needed with a high level of accuracy and reliability.”
Andrew S. Howell, President and chief executive officer, FHLB Cincinnati
“Our partnership with Connetic allows our people to focus on servicing our members while having the confidence of strong connectivity to major payment networks and clearing systems.”
Scotty Perkins, Executive vice president, product management, payment software, ACI Worldwide
“Advance volume moves with what members need, and the payment behind it has to work every time. Connetic will give FHLB Cincinnati the ability to continue offering reliable payments in an efficient way with industry-leading technology.”
Scotty Perkins, Executive vice president, product management, payment software, ACI Worldwide
“Our job is the platform. Theirs is the payments, and the members waiting on them.”
Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic
FHLB Cincinnati teams will manage the payment operations on a platform ACI runs.
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