Same Day ACH

ACH Changes Notification – Effective September 15, 2017

Changes to the rules for Automated Clearing House (ACH) credits and debits are going into effect September 15, 2017. These changes mean that electronic credits and debits (including checks that you issue which are subsequently processed as electronic debits), may be eligible for processing on the same day that they are authorized by you.  This results in a faster payment system, which has great benefit when you are receiving a payment, but also means that payments you make may clear your account sooner than they have before.  This change applies to all financial institutions and merchants/vendors offering ACH services and all account holders receiving ACH transactions.

What does this mean to 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. 
It is important to make sure that funds are available in your account before you make in-person, online, or via telephone payments to avoid incurring NSF, overdraft, or Bounce Protection fees. Checks should never be issued nor payments scheduled if sufficient funds are not available to satisfy the payment.  Previously, ACH transactions could have taken 1-2 days to process; now, the same transactions may post the same-day on which you authorize them.
LCNB National Bank offers customers with several easy-to-use tools to help manage your account, and check your balances, such as:
  • Online Banking
  • Mobile Banking
  • Telephone Banking
  • Account Alerts
  • Funds Transfers
If you have any additional questions, please contact us at (800) 344-2265.