Catholic Federal Credit Union Financial Fitness Blog

IMPORTANT NOTICE REGARDING SAME-DAY ACH PROCESSING

Posted by Tiffany Watkins, VP Risk Management & Compliance on Aug 28, 2017 3:01:39 PM

Same-Day ACH Payments - Effective September 15, 2017

You may have already noticed that ACH credits post to your account at different times during the day - this was Phase 1 of Same Day ACH Rule implemented by the National Automated Clearing House Association (NACHA). Phase 2 will go into effect on Friday, September 15, 2017, allowing ACH debits to clear your account at different times during the day.

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Topics: ACH, payments, electronic payments

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