Thank YOU for banking electronically
with Security Federal! Please be patient with us as we
upgrade to new banking software systems on the week-end of
February 8 – 11, 2013.
The bank will be changing our current bill
pay provider from (CheckFree) to a new bill pay provider (iPay)
on Monday February 11, 2013. NOTE: We are also changing to a new
internet banking system, and information on that is listed at
the bottom of this email.
Your payees as of February 5, 2013 will
be converted to our new bill payment system, but you should
verify that all of your payees converted successfully on the
February 11th you can follow the procedure to log-in
for the first time on our new Netteller Internet Banking System,
and then log-in to our new iPay bill payment system to review
the conversion of your payees and be prepared to make any manual
payments if necessary.
Here is a Timing
chart with a little information on the Bill pay change:
Check Free Bill Pay access/icon is removed
(from internet banking) after 5:00 p.m. on
February 5, 2013
On February 5, 2013 (after 5:00 p.m.) Any
previously scheduled payments will continue to process until
all payments with a Payment Date of February 11, 2013
or earlier have been processed.
On February 5, 2013 after 5:00 p.m. Any
Payments scheduled with a Payment Date of February 12,
2013 or greater will be cancelled from the old CheckFree
System. (NOTE: But your payee information for any
cancelled payments will be converted to the new iPay system as
one of your Payees). You should log into the new bill pay (iPay)
system to verify the accuracy of your bill payments from
February 12th forward.
On MONDAY February 11, 2013 the BANK will
receive a REPORT listing any payments that were cancelled /not processed
by CheckFree that had a Payment Date of February 12,
2013 or greater