Credit Union/Financial, News & Events

Same Day ACH

Michael P. Moreau, CIA, CFE, CFSA, Manager, Macpage LLC

The third phase of Same Day ACH was completed March 16, 2018. Credit Unions and banks receiving Same Day ACH credits must make funds available to their depositors by 5:00 PM (local time).

The National Automated Clearing House Association (NACHA) considers Same Day ACH a great success thus far, and this success has prompted NACHA to consider additional Same Day ACH access for the future.

Have you updated your ACH policies to reflect the changes in the ACH Rules regarding Same Day ACHs? If not, we recommend updating the policies and procedures, to ensure your policies, procedures, and practices are in agreement.

Same Day ACH Questions? Contact Mike:
Mike Moreau