ATTENTION ONLINE CREDIT UNIONS
|Beginning in September, changes required by the Federal Reserve Bank (FRB) will go into effect, and same-day items in the FRB 12:00 PM ET cutoff file must then be posted by 1:30 PM ET. This new rule will go into effect on Friday, September 20th. Because of this, we will start processing ACH configuration #2 on Monday, September 9th, and ACH configuration #2 will be flooded to “Post credits only”. At the same time, we will receive the FRB cutoff file prior to the current 10:00 PM ET posting.
New ACH file receive times will be 1:00 AM PT, 9:00 AM PT, 1:00 PM PT and 8:00 PM PT.