Federal Reserve bank glitch delayed direct deposits to bank accounts

Federal Reserve bank glitch delayed direct deposits to bank accounts

US News Rank

A Bank of America customer uses a bank card
Kelsey Kaspar | Bloomberg | Getty Images

A glitch at the Federal Reserve on Thursday delayed direct deposits and other financial transactions at banks across the U.S.
A statement from Federal Reserve Bank Services said its automated clearing house (ACH) network began “experiencing a disruption on December 18 at 3:30 pm ET.” Banks use the ACH network to…

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