"When they're at the retail checkout, people understand that debit is going to come out of their account quicker than a check, but that will be increasingly untrue," Ms. Hillebrand said. "We need to treat every one of our checks as if it is the one that's going to clear today, and that's new."
Q : Could a relative pronoun "that" and "is" become "that's"?
I have a good MP3 that is made by IRiver.
=> I have good MP3 that's made by IRiver.