WASHINGTON–In June the U.S. Department of Treasury announced a milestone in the push for direct deposit of Social Security and SSI checks.
Since the "Go Direct" campaign was launched in 2005, a million more people have signed up for direct deposit. Credit unions earned praise for their efforts.
"Credit unions have been some of our most robust partners," said Alvina McHale, Treasury's Go Direct spokesperson. McHale also indicated credit unions may be in a good position to talk to sponsor employers and Select Employer Groups included in fields-of-membership about direct deposit of paychecks.
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