Direct Deposit
Direct deposit is now available for grain payments through a service known as Automated Clearing House (ACH). This new service means your grain payments can be directly deposited into your bank account. (You currently receive your grain payments in the form of a check.)
There are several advantages to receiving your grain payments by direct deposit. The biggest advantage for you is increased efficiency. No longer will you have to wait for your check in the mail or drive to a TMA branch to pick up your check. You will not need to worry about getting your check to the bank. Instead you may call your TMA branch to sell your grain and TMA will automatically deposit your grain proceeds to your bank account which will enable you to stay in the field. Your settlement sheets will be mailed to you for your records.
