What are Same-Day Funds?
Same-day funds can be deposited and then withdrawn on the same day.
How Do Same-Day Funds Work?
Let's say John Doe gets paid every other Friday. His employer automatically deposits his paycheck into his bank account on Friday morning. At lunch, John goes to an ATM to get money to buy a birthday present for his amazing wife.
Why Do Same-Day Funds Matter?
Not all deposits are same-day funds, as anyone with an overdraft account will tell you. For example, depositing checks from foreign banks and even out-of-state checks often take a day or more to become available in a checking account.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
