Same Day ACH

Filer Credit Union will now be making funds available from same-day ACH credits for withdrawal by 5 p.m. local time.

What does that mean? If you pay for something electronically, you should expect that the funds will leave your account that same day if the purchase is before 5:00. On the other hand, an employer can send a payment to an employee and the employee will receive it on the same day by 5 pm if the electronic record is correct. In the past, certain transactions would take several days to post to accounts. Not anymore.

Any ACH, be it a debit or a credit, can now come in on the same day it is sent as long as all the information for the transaction is correct.