FEDERAL RESERVE HOLIDAY SCHEDULE AND ACH RULES
As part of Mainstreet Community Bank of Florida’s Online Cash Management program, it is important for you to be made aware of the Federal Reserve holidays that will be observed.
For the calendar year 2026, Mainstreet Community Bank of Florida will observe the following holidays:
- May 25 | Memorial Day
- June 19 | Juneteenth Day
- September 7 | Labor Day
- October 12 | Columbus Day
- November 11 | Veterans Day
- November 26 | Thanksgiving
- December 25 | Christmas Day
You can also visit the Federal Reserve website for the holiday schedule.
Federal Regulations and Industry Rules govern Electronic Transactions. These rules are reviewed and updated from time to time as changes in the industry occur - typically on an annual basis. By signing a Master Cash Management Agreement with Mainstreet Community Bank of Florida, your company has agreed to abide by these rules.
The National Automated Clearing House Association (NACHA) has recently released an updated Corporate Rules Book for the current year. To access a free copy of the 2026 ACH Rules, you will need to:
- Go to www.nachaoperatingrulesonline.org
- Click Claim Your Subscription
- Type in your email address and click Continue
- Check the box for No Subscription Code and enter your personal information
- Check the box to Agree to the Terms of Use
- Click Redeem
- Click the blue button to Log In
- Enter your email address and temporary password (provided to you in an email from Digital@omnipress.com)
- Click Login
- Select Resources to access a free copy of the Rules
IMPORTANT UPCOMING CHANGES IN 2026
Fraud Monitoring Requirements – effective June 20, 2026.
All non-consumer ACH originators must establish and implement risk-based processes and procedures reasonably intended to identify ACH entries initiated due to fraud. This rule is intended to migrate fraud in ACH transactions, specially targeting Unauthorized Entries (Transactions initiated without the account holder’s permission) and Entries Authorized under Falso Pretenses (Payments resulting from deception, such as email compromise, vendor impression or payroll impression).
This rule requires that your business establishes and maintains a proactive risk-based approach:
- Establish and Implement Risk Based Procedures : You must define and apply processes and procedures that are reasonably intended to identify outgoing ACH entries that may be unauthorized or initiated under false pretenses.
- These processes and procedures must be reviewed and, if necessary, updated at least annually to address evolving fraud risks.
- You must conduct a risk assessment to identify high-risk vs. low-risk transactions and apply appropriate monitoring measures.
- For more information on this important Nacha rule update, please visit XX
As a reminder, Nacha standardized the “Company Entry Description” field for two specific types of transactions, which was effective March 20, 2026.
- PAYROLL: For all credit entries (PPD) used to pay wages, salaries, bonuses, commissions, or other similar compensation.
- PURCHASE: For all e-commerce debit entries authorized by a consumer for the online purchase of goods.
We would like to take this opportunity to remind you about important security practices that can help you protect your accounts along with the reminder to never update vendor account information received via email without validating the information directly with the vendor using the phone number you have on file.
For best practices, please visit the Federal Communications Commission's website.
We appreciate your business and look forward to continuing to serve your financial needs in the future. If you have any questions, please do not hesitate to contact us.
eBanking Department of Mainstreet Community Bank of Florida
ebanking@teamnfgi.com
(989) 269-3565
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