Electronic Funds Transfer
The Electronic Funds Transfer Expansion Act recommends that all federal payments, except your IRS refund check, be issued by electronic funds transfer (EFT), a faster, safer, more reliable, and convenient way to receive your payments!
It affects anyone who receives:
-
Veteran's Benefits
- Social Security
- Federal government /military pensions and salaries
If you are a new recipient of federal payments, you may elect to provide the account information needed to deliver your payments by Direct Deposit to an institution of your choice.
Contact us or stop by your Credit Union today to set up your Direct Deposit account. Don't miss a single payment.