In an effort to cut costs and increase security, Federal mandate requires that all government benefit paper checks be eliminated by March 1, 2013.  These payments must switch to direct deposit to a financial institution or to a Treasury Department-issued debit card.


Are you affected?
Impacted federal benefits include Social Security, Supplemental Security Income, Veterans Affairs benefits, Railroad Retirement Board benefits, Office of Personnel Management benefits and Department of Labor (Black Lung) benefits.


If you are already receiving one of these federal benefits via direct deposit, no action is required.


If, however, you are receiving these federal benefit payments by paper check, you will need to sign up for electronic payments.  Using our ABA Routing Number, 121181743, you can switch from paper checks to direct deposit online at GoDirect.org or call the U.S. Treasury Electronic Payment Solution Center’s helpline at (888) 333-1795.


Benefits of electronic payments
Electronic payments are a great way to manage your money.  Here are a few ways receiving payments electronically will benefit you:

Your money is electronically transmitted directly from the government to the credit union greatly reducing the risk of theft or fraud.

You don’t have to wait for the mail.  Paper checks can be late, lost or stolen.  With electronic payments, your money will be available on your payment day each month.  Plus, you don’t need to make a special trip to cash or deposit a check.

There are no paper stubs to store, file or shred.


If you don’t sign up for direct deposit by March 1, 2013, the government will automatically convert you into their pre-paid debit card program.

by Jenna, Vice President, Sales & Service