Same Day ACH Notice

Beginning September 15, 2017, the National Automated Clearing House Association (NACHA) is implementing a Same Day ACH debit program which will be available for debit entries, enabling the same-day processing of virtually any ACH payment. Only international transactions (IATs) and high-value transactions above $25,000 are not eligible.

ACH items are electronically transmitted debits and credit items that utilize your Greater Texas routing and account number in order to post. 

Greater Texas Credit Union is required to receive same-day ACH payments from payment processing companies. Overdraft fees could be incurred if the funds are not available in your account when the ACH payment is initiated. The best way to prepare is to ensure all funds are available before authorizing or initiating an ACH payment. 

Currently ACH payments take a few business days to process on an account. Please be prepared as Same Day ACH may cause bill payments to debit accounts much faster. Please contact the merchant or company that the payment is being made through to inquire about participation in Same Day ACH. 

Thank you for your membership.