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Direct Deposit for

Federal Benefits Payments

 

Conversion to Digital Payments by the U.S. Department of the Treasury 

Do you receive a federal benefit payment by paper check? To protect you from rising mail theft and financial fraud, the U.S. Department of the Treasury will stop sending paper checks after September 30, 2025, except in limited cases.


Everyone receiving federal benefit payments by paper check is required to switch to an electronic payment – through direct deposit to a bank or credit union account or to the Direct Express® Debit Mastercard® card. –  You can use your BankFund account to receive your payment; all you need is to set up Direct Deposit.

How do I set up direct deposit for federal benefit payments?

  • Online at the Go Direct® website, www.godirect.gov.
  • By calling the U.S. Treasury Electronic Payment Solution Center at 1-877-874-6347 
    Monday – Friday, from 9 a.m. – 7 p.m. EST.

What information should I have ready? 

  • Financial institution's routing transit number. BankFund’s routing number is: 254074170
  • Account number and account type – checking or savings (You can find this on your BankFund check or in Digital Banking)
  • 12-digit federal benefit check number
  • Amount of most recent federal benefit check

    Check Sample Showing Federal Benefit Check Number and Check Amount
    Fig. 1 Sample check image taken from www.godirect.gov.

For additional information on direct deposit, visit: Direct Deposit (Electronic Funds Transfer)

 

Who does this apply to?

If you receive any of the following federal benefit payments:

  • Social Security
  • Supplemental Security Income
  • Veterans Affairs
  • Railroad Retirement Board
  • Office of Personnel Management
  • Department of Labor (Black Lung)

Why does the Treasury Department require electronic payments?

There are many benefits to eliminating paper checks, and one of the greatest is protecting your financial information.

Replacing paper checks with electronic payments results in greater:

  • Safety – No risk of lost or stolen checks.
  • Reliability – No delays caused by severe weather or other unforeseen events.
  • Access – Money is available sooner.