Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Go Direct month good time to encourage direct deposit says Treasury
WASHINGTON (2/10/10)—February is Go Direct month. The U.S. Treasury Department's "Go Direct" direct deposit campaign is highlighting the month’s designation to encourage consumers to take advantage of the safety benefits of direct deposit for Social Security payments and other federal benefits. Valentines Day had to move over in 2006 to share the February stage with the government’s drive for direct deposit after the Senate passed a resolution naming the month and showing its support of the Treasury Department and Federal Reserve Banks drive to increase use of direct deposit. The resolution, sponsored jointly by Sens. Norm Coleman (R-Minn.) and the late Edward Kennedy (D-Mass.), urged Americans to learn more about direct deposit and noted that direct deposit eliminates the risk of lost or stolen checks, helps protect against fraud, and gives people more control over their money. The Credit Union National Association (CUNA) is a Go Direct national partner and supports the check-safety and cost-savings goals for the program. Go Direct has made available free materials credit unions and other financial institutions can use to inform members or customers about the advantages of electronic payments “Encourage senior citizens, people with disabilities and others to get their federal benefits electronically – it’s safer, easier and gives them more control over their money,” the government direct-deposit supporters urge. Use the resource link below to access the Go Direct Tool Kit for Partners. Scroll down to see material specifically suited to financial institutions.
Other Resources

RSS print
News Now LiveWire
For the last 75 years, even in the most difficult of times, Mill Town #CU has been there for the community it serves. Read #NewsNow Tues.
12 hours ago
The 1st vid shows how consumer can become victim and, advice to those who think they've been targeted. http://t.co/hr9VHpzEze
17 hours ago
.@TheNCUA has released two videos designed to raise awareness of elder financial abuse. http://t.co/iddSxr7H40
17 hours ago
Celebrate #100MM with @MDDCCUA1 at Orioles v Blue Jays tonight at Camden Yards
17 hours ago
The At Home In Lawrence mortgage program from @MetroCU is designed to help revitalize Lawrence, Mass.
17 hours ago