Check Clearing for the 21st Century Act

Benefits

• Checks clear faster
• Faster return of Checks
• Reduce float for the depositor

The “Check Clearing for the 21st Century Act” Better known as Check 21 is a federal law that is designed to enable Credit unions and Banks to handle checks electronically, which makes check processing faster.

How It Works

Instead of your Credit Union Physically moving your check from where it is deposited, to the bank that it should be paid from, they just capture a picture of your check front and back along with the associated payment information and transmit it electronically.

Is Electronically Check Processing Secure?

Electronic check processing is a safe and reliable way to process payments. It uses technology that has been developed and tested to process your check information securely.

To learn more about our service offerings and products please contact a RUSAFCU representative.