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I made a deposit in the morning and received an overdraft fee that day. Why?

August 7, 2018


Debit and ACH transactions can be posted throughout the day.  Remote Deposit Capture items are processed between 2 PM and 4 PM Eastern time on days the credit union is open for business.  If a scanned deposit was posted after the debit transaction was presented, the deposit was not yet available to pay the debit transaction, which could result in an overdraft. Debit transactions (debit card, checks, or ACH transactions) should not be authorized prior to when you have funds available in your checking account for those items to clear.