Treasury and payments Case studies

Grateful for the efforts of the state’s frontline workers in health, food and other essential fields during the pandemic, the state legislature committed $500 million to pay bonuses to what turned out to be more than 1 million qualifying recipients.

A leading regional health system adopted U.S. Bank Payment Consolidator to digitize paper-based payments, eliminate manual payment posting, and accelerate cash flow, leading to more efficiency.

A national real estate company in the Midwest decided it was ready to vastly improve its accounts payable process. So, they turned to U.S. Bank to deliver a powerful AP automation solution.

Every new deal that this specialty finance firm makes requires the opening of a bank account under tight deadlines. Quickly opening these accounts is a key part of keeping their high volume of closings running smoothly.

Students at the College of St. Benedict and St. John's University wanted to receive refunds and other payments via methods other than paper check. U.S. Bank Payee Choice lets the students choose how they get paid, plus saves money for the universities by reducing paper and postage costs.

When a global provider of employee insurance benefits embarked upon a company-wide digital transformation, it realized there would be unique challenges in upgrading its money movement technology.

With U.S. Bank experts advising on CRE-specific operational elements, EDENS has successfully leveraged virtual accounts to reduce inefficient check payment processing and earn more rebates.

Using virtual payments for certain contractor and supplier payments has saved Ag Processing Inc (AGP) hundreds of thousands of dollars and greatly reduced its risk of check fraud.

Ryan Companies uses vendors in the communities where it works and wants to pay them as promptly as possible. They turned to U.S. Bank Virtual Pay to replace paper checks, reduce fraud, save money and holistically improve client payments.

In need of a way to save time and costs associated with employee reimbursements that were traditionally done by paper check, Sunriver Resort worked with longtime partner U.S. Bank to transition payments to Zelle^®.