Federal Benefits are going electronic on March 1, 2013
The U.S. Department of the Treasury is moving to all-electronic benefit payments - this will allow funds to be deposited to your account through paperless methods. There are great benefits to going electronic:
- Safety - no risk of lost or stolen checks
- Ease - no need to make a special trip to cash or deposit a check
- Reliability - payments are on time, every time
- Cost-savings - will save taxpayers $120 million each year
Anyone who receives federal benefit payments (Social Security, Veterans Affairs, Supplemental Security Income, etc.) by paper check will be required to switch to an electronic payment option by March 1, 2013, which can include signing up to have your benefit payments direct deposited into your Texans CU account!
Sign Up for Direct Deposit Now!
You can sign up to have your benefit payments direct deposited to your Texans CU account right now! All you need to have on hand are the following:
- Social Security Number or claim number
- 12-digit federal benefit check number
- Amount of most recent federal benefit check
- Your Texans CU routing number (311987786)
- Your Texans CU account number (can be found on your personal checks
- Your Texans CU account type (checking or savings)
You can enroll online here or get instructions for enrolling by mail here.
If you do not choose direct deposit by this deadline, you may be issued a Direct Express® MasterCard® by the U.S. Department of the Treasury.
For more information about this deadline, visit GoDirect.org or check out the Go Direct Frequently Asked Questions.
Reference:
U.S. Department of the Treasury, Financial Management Service (www.GoDirect.org)
Go Direct® and Direct Express® are registered service marks of the U.S. Department of the Treasury, Financial Management Service. MasterCard® is a registered trademark of MasterCard International Incorporated.
