Same-Day ACH debits: Effective Friday, September 15

Starting September 15, 2017, Arsenal will support Same-Day ACH debits. Your electronic debits, including checks that are processed as ACH debits, may clear the same day you authorize them.

Same-Day ACH credit posting is already active.

How does this apply to your Arsenal account?

You’re ready to pay your monthly electric bill. If you visit the website of the utility company to make a payment with your debit card or by electronic check before September 15, 2017, it would take three days for them to receive your payment. When you make that same payment on or after September 15, 2017, the payment could clear your account the same day you authorize it.

Important notes about Same-Day ACH debits

  • The change applies to all financial institutions that use the Automated Clearing House (ACH) Network and all account holders receiving ACH transactions.
  • This will not affect your pre-authorized recurring electronic payments, such as mortgage or insurance or payments. For example, if you have your mortgage payment scheduled on the fifth of every month it will continue to be processed on the fifth of every month
  • This will not affect any payments you make through Arsenal’s online bill pay service.

What does this mean for me? 

It is important you have funds available in your account before authorizing an ACH to avoid potential overdraft fees.

What time will Same-Day ACH transactions post?

Same-Day ACH debit entries will post to accounts by 5 p.m.

How do Same-Day ACH debits benefit me? 

This update enables members to make and receive timely bill payments and credits. Also, business-to-business payments will process more quickly, providing faster processing of invoices and payments.

Will my direct deposit be affected? 

No. Your direct deposit will continue to be credited to your account on the correct posting day.

Where can I find more information on ACH payments?

Visit for more information.