The OnWe Network delivers very low cost, same-day electronic clearing and settlement services to member community financial institutions processed by regionally centered correspondent institutions known as Community Hosts. The network exchange is governed by ECCHO Rules, the accepted standard for image exchange relationships.

The OnWe Network leverages the valuable existing regional relationships between community institutions and their correspondents and uses secure, encrypted Internet communications to simplify the process of economically exchanging image cash letters with other institutions.

The unique low cost structure of the OnWe Network model, as compared to other regional and national clearing options, provides a competitive advantage for the correspondent Community Host that results in overall clearing cost efficiencies for member institutions that are competitive with the economies of scale enjoyed by the nation’s largest banks.