We Share A Common Thread


1. What are ACH debits?

ACH debit payments are any payments taken directly from your savings and/or checking account. These could include credit card, mortgage or utility bill payments made directly to the merchant. For example, when establishing your electric bill payment through the company’s website, you are asked to enter your account number and financial institution’s routing number. Through the ACH network, the funds are withdrawn directly from your account, sent to the electric company’s financial institution and applied to your bill. ACH debits do not include charges made with your debit or credit card, or through online banking bill pay.

With same-day ACH debits, you can be sure a merchant receives your payment on time, which helps you avoid late payments and late fees.

2. What are examples of ACH transactions?
  1. ACH Direct Deposit: This transaction occurs when you receive funds directly into your account, such as your payroll check, government benefits, taxes and other refunds, retirement benefits, etc.
  2. ACH Credit: This ACH transaction transfers funds into another account. Payments made through Online Banking Bill Pay is an example of an ACH credit payment. Through Bill Pay, you authorize Jeanne D’Arc Credit Union to credit a person or company’s account (i.e. your landlord) from your account using their account number and routing number.
  3. ACH Debit: This ACH transaction pulls funds directly from your savings or checking account. If you initiate payments for your mortgage, credit card or utility bill with the merchant, in person, on the phone, or through their website, the merchant uses your account number and routing number to withdraw the payment from your account.

ACH transactions do not include any payments made with your debit or credit card.