Magic Online Banking

Same Day ACH

Faster Payments are Coming!

Effective September 15, 2017, there will be a change in the rule that governs direct payments, allowing them to post on the same day they are created.  This affects all financial institutions, including TheBANK of Edwardsville.

How does this affect you?

Direct payments that you have authorized online or over the phone, as well as checks you’ve written that are converted to electronic debits, could post to your account the same day they're authorized. It is important to make sure that funds are available in your account before you make in-person, online, or telephone payments to avoid overdraft fees and returned items.  Payments that formerly took one or two days to post to your account could now post on the same day they are made. 

We encourage you to take advantage of these easy-to-use tools to help you monitor your balance and manage your account: