Changes To ACH Postings Effective August 1, 2016
The Electronic Payments Association has announced a change from once daily posting of Automated Clearing House (ACH) deposits and withdrawals to “same day” posting. This change means ACH deposits and withdrawals will be posted to accounts in the morning, midday and late afternoon, depending on when the transaction file is received by the Credit Union. What does this mean for Credit Union members? ACH postings will now occur three times throughout the day instead of the current one time per day. You can monitor your account activity with ETPCU’s free mobile banking app and through internet banking.