Same Day ACH: Moving payments faster

first_imgToday, most ACH payments are settled on the next business day, but changes are coming that will enable ACH Originators the option of same-day processing to accounts at any receiving financial institution (RDFI). That day is right around the corner – is your Credit Union ready?Currently, the standard settlement period for ACH transactions is one or two business days after processing. According to the National Automated Clearinghouse Association (NACHA), the Same Day ACH: Moving Payments Faster Rule (Rule) will be implemented in three phases:Phase 1, effective September 23, 2016 (only credit entries with funds available at end of RDFI processing day);Phase 2, effective September 15, 2017 (credit and debit entries with funds available at end of RDFI processing day);Phase 3, effective March 16, 2018 (RDFIs will be required to provide funds availability for same-day credits no later than 5:00 p.m. at the RDFI’s local time.).Phase 1 starts with same-day credits. This is viewed by many as a good way to gain initial experience processing same-day ACH transactions. continue reading » 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more


Deal capitalizes on late restart for IMCA Hawkeye Dirt Tour win at Alta

first_imgALTA, Iowa (July 22) – Nick Deal became the sixth different winner in as many IMCA Hawkeye Dirt Tour events this season Wednesday at Buena Vista Raceway, on a night when Ricky Stephan nearly accomplished the impossible.Stephan had to restart at the back of the Xtreme Motor Sports IMCA Modified field after spinning before the first lap was scored. He used multiple lines to work his way through traffic and was leading when what proved to be the final caution waved with three circuits left.Deal had run near the front for most of the 25-lap feature. He capitalized on that late restart, pass­ing Stephan for the $1,000 feature win and an early berth on the 2016 Fast Shafts All-Star Invita­tional ballot.Defending HDT champion Mike Van Genderen regained sole possession of the point lead with a third-place finish, one spot better than former co-leader Kyle Brown. Long-time leader Chris Abel­son ended in fifth.Jeremy Mills led in the early going from his outside row one starting spot. Abelson rode the top side of the track to the front on lap six.Dustin Smith and Deal both had ideas about using the inside line to challenge Abelson. Smith spun and left under caution on the 18th lap; Deal was shuffled back to fourth by Van Genderen and Stephan the next time around the oval.Stephan completed his march to the front but couldn’t deny Deal following the final restart.Wednesday’s win was also Deal’s career tour first.The next Hawkeye Dirt Tour date is Aug. 11, when traveling Modifieds join the Deery Brothers Summer Series at Cedar County Raceway in Tipton.The series concludes Sept. 19 at Farley Speedway.Devin Smith held off older brother David to win the IMCA Sunoco Stock Car feature at Alta. Tim Rupp topped the Karl Chevrolet Northern SportMod main ahead of Doug Smith.Daniel Smith took the IMCA Sunoco Hobby Stock checkers and Cory Flanigan was first in the Mach-1 Sport Compact main.Feature results – 1. Nick Deal, Walnut; 2. Ricky Stephan, South Sioux City, Neb.; 3. Mike Van Genderen, Newton; 4. Kyle Brown, State Center; 5. Chris Abelson, Sioux City; 6. Jeremy Mills, Garner; 7. Craig Reetz, Dunlap; 8. David Brown, Kellogg; 9. Matt Fredericksen, Aurelia; 10. Alex Reetz, Dunlap; 11. Corey Bosma, Ocheyedan; 12. Brian Schmitt, Wall Lake; 13. Stacey Mills, Webb; 14. Dustin Smith, Lake City; 15. Jason Briese, Cleghorn; 16. Mike Jergens, Plover; 17. Jeff Ste­phens, Arion; 18. Jon Plowman, Woodbine; 19. Ryan Ruter, Kanawha; 20. Justin Sackett, Pierson.1st heat – 1. Kyle Brown; 2. Stephan; 3. Deal; 4. Fredericksen; 5. Alex Reetz; 6. Bosma; 7. David Brown. 2nd heat – 1. Jeremy Mills; 2. Abelson; 3. Ruter; 4. Stephens; 5. Briese; 6. Jergens; 7. Craig Reetz. 3rd heat – 1. Schmitt; 2. Smith; 3. Van Genderen; 4. Stacey Mills; 5. Plowman; 6. Sackett.last_img read more


Dodgers split doubleheader with Rockies thanks to Andrew Toles’ grand slam

first_imgFor the Dodgers, it was an impossibly high note on which to leave town. The Dodgers had scored one run in their first 25 innings at Coors Field, a stunning statistic in the majors’ most hitter-friendly ballpark.Dodgers starter Rich Hill aggravated a finger blister on his left hand warming up for Tuesday’s game, which was ultimately postponed because of rain. The Rockies cruised to a win in Game 1 before Hill’s replacement in Game 2, right-hander Bud Norris, was lit up for six earned runs in three innings.Would nothing fall the Dodgers’ way?Nothing did, until the eighth inning of the second game.“That’s why you play nine innings,” Reddick said. “Especially with this lineup. Things can happen at the drop of a hat.”Luis Avilan (1-0), who flew in from Triple-A Oklahoma City earlier in the day, pitched a scoreless eighth inning for his first win as a Dodger.Stephen Cardullo, a rookie utility man plucked out of obscurity in independent league ball, celebrated his 29th birthday by hitting two home runs for Colorado. His first shot, in the first game, started a rally against the Dodgers’ bullpen. His grand slam off spot starter Norris in the second game gave the Rockies an early 5-1 lead. According to the Elias Sports Bureau, Cardullo joined Angel Pagan as the only players this century to hit their first two career home runs on their birthday. He was poised to be the story of the day until Toles stole it like a thief in the night.After his grand slam, Toles thumped his chest on his way back to the dugout before being mobbed by his elated teammates. They were eventually able to retrieve the baseball — it was Toles’ first career grand slam and only his third home run — because it bounced back onto the playing field after ricocheting off the bleacher seats.When Toles hit his first career homer during a recent road game in Cincinnati, he deadpanned that he might lose the baseball because, well, he loses things.How about this one?“I don’t think I’m going to lose it,” he said. DENVER >> Andrew Toles, the Dodgers’ rookie outfielder, has shown dramatic versatility over his first 33 days on a major-league roster.The son of an NFL linebacker, the younger Toles is a gifted athlete. He’s shown a good baseball IQ, too; veteran first baseman Adrian Gonzalez praised Toles for shaking off a questionable strike call in his final at-bat Wednesday against the Colorado Rockies. His deadpan sense of humor, hidden behind a perpetually wide-eyed expression and a luxuriant beard, would endear him to any teammate even if he couldn’t hit worth a lick.It just so happens that Toles can hit worth a lick. With the Dodgers down to their final out Wednesday, Toles hit a grand slam to complete a stunning 10-8 comeback victory over the Colorado Rockies. The Rockies won the first game, 7-0.Out of baseball a year ago, he briefly worked at a Kroger’s grocery store in Georgia , Toles is now batting .397 for the first-place team in the National League West. “He is a beautiful human,” Dodgers manager Dave Roberts said. “He’s just so calm and cool.”At one point the Dodgers trailed the Rockies, 8-2, in the second game of their doubleheader at Coors Field, a mere five outs away from suffering an embarrassing series sweep. Prior to Wednesday, teams were 1 for 448 this season when trailing by six or more runs after the eighth inning. But a three-run eighth inning, followed by a five-run ninth, changed the tenor of a depressed Dodger dugout.“I think we were somewhat mentally ready to go home on a sour note,” Gonzalez said.Kenley Jansen pitched a scoreless ninth inning for his 40th save of the season. With that, the Dodgers restored a 1 1/2-game lead over the San Francisco Giants in the National League West.Toles collected three of the Dodgers’ 10 hits in the nightcap. Josh Reddick and Yasmani Grandal had two hits apiece. Reddick’s RBI single in the ninth inning was his first since he was acquired from the Oakland A’s on Aug. 1.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more