Are you ever wanting to post your paycheck to your account a day early? With this on-demand posting, Community First is now able to post your pending ACH credit deposits early.
Details:
-ACH On-Demand Posting is available to all members. There is no age requirement.
-This feature can be done with any pending deposit.
-Funds must be pending in the ACH warehouse to post early.
-If there are any distributions tied directly to the deposit, those will post early as well.
-Any automatic funds transfers (AFT) will happen at their normal scheduled time.
-This feature can be done in branch with a Member Service Representative, on our mobile app, or through online banking.
-There is no fee at this time.
-If a member is processing their ACH online, it will ask if they accept the fee; however, one will NOT be assessed.
In-Branch Usage:
-Once your deposit is pending on screen, any Member Service Representative can simply post the transaction.
-At that time the pending ACH deposit is posted, and the funds are immediately available to the member.
-If the member has distributions tied directly to this deposit, those will post early as well.
-Any automatic funds transfers (AFT) will happen at their normal scheduled time.
Mobile App/Online Banking Usage:
-Members can post their pending ACH deposits by selecting “Post Now” next to the pending ACH deposit.
-On the next screen, the member will be asked to accept the fee; however, one will NOT be assessed.
-There is currently no fee for this feature.
-At that time the pending ACH deposit is posted, and the funds are immediately available to the member.
-If the member has distributions tied directly to this deposit, those will post early as well.
-Any automatic funds transfers (AFT) will happen at their normal scheduled time.
