Notice: You may see a change in the way automatic debits clear your account beginning September 15, 2017.
This is due to new ACH rules enacted by the National Automated Clearing House (NACHA). NACHA administers operating rules for financial institutions. This new rule called "Same Day ACH" allows for same day processing of ACH debits. ACH debits include electronic payments, automatic drafts, paper check conversions, or any electronic withdrawal from your account.
Once this rule goes into effect, any ACH debit can clear on the same day it is initiated. For example, if you write a check today and the retailer converts it into an electronic payment, it can clear the same day it is written.