We currently post all electronic deposits the day we receive them, which is often before the effective date of the transaction. All direct deposits, regardless of the effective date, will be posted to your account before we close on 10/31. The same strategy will be used for your loan payments as well. Thursday 10/31 will be a ‘normal’ processing day.
While the technology upgrade is in process, no transactions will post. At that time, we will post all deposits received after 10/31 first, then we will begin posting withdrawals. Withdrawals include payments, debit/credit card transactions and checks you have written. Rest assured deposits will be processed prior to any withdrawals/payments posting.
