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New ACH Rules

New ACH Rules9/6/2017

Beginning September 15, 2017, the National Automated Clearing House Association (NACHA) is implementing a Same Day ACH debit program, enabling the same-day processing of virtually any ACH payment.

Only international transactions (IATs) and high-value transactions above $25,000 will be excluded from same-day processing.

ACH items are electronically transmitted debit or credit items that utilize your Palisades Credit Union routing and account number in order to post.

Palisades 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 from accounts much faster. Please contact the merchant or company that the payment is being made through to inquire about their participation in Same Day ACH processing.

For example, you authorize the cable company to withdraw $100.00 for your monthly bill on a Thursday morning, but your account currently isn't actually debited until early Friday morning. With same-day ACH processing, your payment may be debited the same day as your authorization. 

To stay on top of your account we offer 24/7 Online Banking. We also offer our companion Mobile App to access your account on the go: Anytime, Anywhere. For more information please visit,

Frequently Asked Questions

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