Effective September 15th: ACH Item Posting Changes

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

Effective September 15, 2017, ACH debits and credits will have the ability to post on the same day they are created. This affects all financial institutions, not just Community National Bank & Trust.

What is changing?

Currently, ACH credit transactions are posted multiple times per day while debit transactions are only posted once per day.  Going forward ACH debit transactions, including paper checks that are converted by payees, will be posted to your account multiple times per day.

How does this affect you?

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 are authorized.

Will your direct deposit be affected?

No. Direct deposits will continue to be credited to your account on the posting date set by the originator of the payment.