Uncle Sam to Require Direct Deposit

Congress passed a law making it mandatory, effective January 1, 1999, for you to receive your government payments by direct deposit to a financial institution.

Called the Electronic Funds Transfer Expansion Act, it requires 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 will affect anyone who receives

• Veteran's benefits;
• Social security;
• Federal government and military pensions and salaries; or
• Any government payment

If you are a new recipient of federal payments from Uncle Sam you will have to provide the account information needed to deliver their payment by direct deposit to an institution of their choice.

Your credit union is here for you

If you or someone in your family is affected by this change in Federal payments, call or stop by your credit union today to set up your Direct Deposit account. Don't miss a single payment!