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Casey State Bank

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Introducing FedNow: Instant Payments Anytime with Casey State Bank!

We’re thrilled to share some exciting news with our valued customers! Casey State Bank is now offering FedNow, an innovative real-time payment service designed to make your life easier. Whether you’re managing personal finances or running a business, FedNow ensures that your money moves when you need it—instantly and securely.

What is FedNow?

FedNow is a new instant payment service developed by the Federal Reserve, and Casey State Bank is proud to be among the first banks to bring this cutting-edge technology to our community. With FedNow, you can send and receive payments 24/7/365—no more waiting for funds to clear on weekends or holidays.

Important Note: To successfully send or receive payments through FedNow, the recipient’s bank must also participate in the FedNow program. You can check if a financial institution is participating by visiting the Federal Reserve’s list of FedNow participants. This list is regularly updated to reflect new institutions joining the service.

Enhanced P2P (Peer-to-Peer) Payment Options

Thanks to FedNow, Casey State Bank customers now have even more flexible ways to send funds to friends, family, or anyone else. Here’s what’s new:

  • Multiple Transfer Options: Funds can now be sent to a payee’s debit card or via ACH directly to their bank account.
  • Easy Payee Setup: Add payees by entering their routing and account numbers or debit card information. Don’t have this info? Simply send a text or email invitation to the payee, and they can securely enter their details themselves.
  • Flexible Receiving Options: Funds can be sent to either a checking or savings account. Payments must originate from a checking account.

This integration makes it easier than ever to handle Peer-to-Peer (P2P) payments in seconds, all while maintaining the safety and convenience you expect from Casey State Bank.

What Can You Do with FedNow?

FedNow opens up a world of possibilities, offering you faster, more flexible payment options for:

  • Everyday Purchases: Pay for groceries, split a restaurant bill, or settle up with friends in seconds.
  • Business Transactions: Send or receive invoices, payroll, and supplier payments instantly.
  • Emergency Payments: Cover unexpected expenses, such as a utility bill or urgent medical costs, without delays.
  • Transfers Between Accounts: Move money between your accounts seamlessly—whenever you need to.

Why Use FedNow at Casey State Bank?

At Casey State Bank, we’re committed to helping you manage your money conveniently and securely. Here’s why FedNow is a game-changer:

  1. Real-Time Speed: Payments are processed in seconds, giving you immediate access to your funds.
  2. Always Available: FedNow works 24/7, so you don’t have to wait for regular banking hours.
  3. Secure & Reliable: Backed by the Federal Reserve, FedNow ensures every transaction is safe and efficient.
  4. User-Friendly Features: From streamlined payee setup to flexible transfer options, FedNow fits seamlessly into your financial life.

How Does It Work?

Using FedNow is easy with Casey State Bank:

  1. Log into Your Online Banking Account: Access our secure banking platform through our website or mobile app.
  2. Choose the FedNow Option: Select “FedNow Instant Payment” when making a transfer or payment.
  3. Enter the Recipient’s Information: Input the recipient’s name, account details, or debit card information. If you don’t have this info, send a text or email for the payee to fill it in.
  4. Confirm and Send: Hit “Send,” and your payment is on its way—instantly!
Screenshot inside the digital banking app
 

Who Can Use FedNow?

FedNow is available to all Casey State Bank customers—individuals and businesses alike! Whether you’re looking to make a one-time payment or streamline your regular transactions, FedNow is here to help.

Get Started Today!

We’re excited to bring you the convenience and flexibility of instant payments through FedNow. If you have any questions or need help setting up FedNow, our team is here to assist you. Visit your local branch, or contact us today.

Let’s make managing your money faster, easier, and more convenient than ever—because at Casey State Bank, we believe your time is valuable.