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Same Day Processing of ACH Debits
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Same Day Processing of ACH Debits

Coming Soon: Same Day Processing of ACH Debits9/6/2017

Coming Soon: Same day processing of Automated Clearing House (ACH) debits

What’s Changing?

Currently debit transactions are posted to accounts once per day while credit transactions are posted multiple times per day. As of September 15, 2017, debit transactions will also be posted multiple times per day.

How does this affect me?

Transactions such as checks converted to ACH and bill payments will post to your account multiple times throughout the business day.

What are the benefits of same day ACH debits?

The conversion to same day ACH debits will enable you to make easier on-time bill payments as well as faster crediting when you are moving money among accounts that you own at different financial institutions.

How does this affect me?

In the past, you may have checked your account in online banking or mobile banking in the morning and known that no more ACH debits would post that day. Going forward, items may post to your account throughout the day. Also, ACH payments authorized over the phone or online, plus checks that payees convert to ACH payments, could post to your account the same day they're authorized.

Will my direct deposit be affected?

No. Your direct deposit will continue to be credited to your account on the correct posting date set by the originator of the payment.

Debit items could post to your account the same day they're authorized. To avoid overdrafts, funds should be in your account before you authorize any payment.



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