Press Release

Community Bankers’ Bank Announces Expansion of Operations Department Hours

For further information please contact Wendy Wright, 804-256-0519, moc.enilnobbc@thgirwcw  or Shannon Hairfield, 804-256-0531, moc.enilnobbc@dleifriahs.

MIDLOTHIAN, VA, March 2, 2021 – Community Bankers’ Bank (CBB) is adapting processing hours to accommodate the evolving payment systems changes in the industry and at the Federal Reserve Bank to ultimately meet the demands necessary to achieve real-time payments delivered on a 24/7 basis.

Effective March 15, 2021, Community Bankers’ Bank will extend its Domestic Wire Transfer processing hours to 6 p.m. ET to support the modifications to expand the operating hours of the Federal Reserve Banks’ National Settlement Service and Fedwire Funds Service.

Effective March 19, 2021, Community Bankers’ Bank will support the new Third Same-Day ACH file processing of 4:45 p.m. EST with the final settlement at 6:00 p.m.

Updated Same Day ACH Processing Schedule, effective March 19, 2021

Input Deadline

Target Distribution

Settlement

10:15 a.m. ET (1015 ET)

12 p.m. ET (1200ET)

1 p.m. ET (1300 ET) -current day

2:30 p.m. ET (1430 ET)

4 p.m. ET (1600ET)

5 p.m. ET (1700 ET) – current day

4:30 p.m. ET (1630 ET)

5:30 p.m. ET (1730 ET)

6 p.m. ET (1800 ET) – current day