Financial Institutions

Important News: All Federal Benefits Will Be Paid Electronically!

The U.S. Department of the Treasury now requires all federal benefit and non-tax payments to be paid electronically. Banks and credit unions play a vital role in educating customers and members about the new change to how federal benefit payments will be delivered and helping people choose an electronic payment option before the federal deadlines.

Why get involved?

Partnering with the Go Direct® campaign and promoting direct deposit for federal benefits can help your financial institution:

  • Increase your customer and member base and enhance loyalty.
  • Reduce traffic in branch lobbies to free up staff and teller time.
  • Reduce operational and paper-based transaction costs.
  • Reduce check fraud risk for your customers and members.
  • Leverage existing marketing and product promotions.
  • Simplify your ACH enrollment process.

 

Get started today!

Get involved with three simple steps:

  • Sign Up Customers or Members – Switch your customers or members to direct deposit using your own enrollment methods. Or, use the Go Direct Online Enrollment system.
  • Train Tellers and Branch Staff – Train your staff to raise awareness about the new rule and help people sign up for or transition to direct deposit.
  • Display In-Lobby Materials – Display and distribute Go Direct campaign fliers and deposit slip sticker in your lobbies and teller windows.
  • Push Out Information – Share information with your customers or members through your newsletters, social media channels and presentations.

Join the campaign today! Free materials are available to help you share this important information.

To learn more, contact a campaign representative at (952) 346-6055 or GoDirect@webershandwick.com.

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