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What does direct deposit (ACH credit) mean?

April 26, 2017ACH credit deposit mean

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What does direct deposit (ACH credit) mean?

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Direct deposit through an Automated Clearing House (ACH) is simply a fast and secure way of receiving funds into your account. Paychecks, government benefits, investment dividends—all of these can be deposited electronically (immediately and 100% securely) into your Kennebunk Savings account.