Same Day Payments and Deposits

by Craig Kocur

As our financial lives move faster than ever before, our members have come to expect faster payments and information as a core component of good service. To that end the financial services industry has been working to modernize the systems that allow payments and deposits to move at the pace our members expect.

As one part of this improvement, beginning on Friday, September 15, certain electronic payments and/or deposits may post to our members’ accounts the same day they are made.

In short, we’re doing our part to make it faster and easier for our customers to make payments, and to update account balance information more frequently during the day.