WASHINGTON — Three credit unions are among the dozen financial institutions that will be recognized today by the Department of the Treasury for their efforts in helping people switch their Social Security benefits from paper checks to direct deposit as part of the agency's Go Direct campaign.

The three winning credit unions are Cooperativa de Ahorro y Credito Roosevelt Roads, in Puerto Rico, Interstate Unlimited CU in Jesup, Ga., and Century Heritage FCU in Pittsburgh. This is the second time Treasury recognized Interstate Unlimited CU, which received the honor in 2007.

Launched in 2005, Go Direct is a national campaign sponsored by Treasury and the Federal Reserve Banks that partner with financial institutions and other organizations to encourage federal benefit recipients to use direct deposit. More than 800 financial institutions are involved, according to Treasury.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.