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Home > News > Home Page News > Government Checks Go Electronic!

Government Checks Go Electronic!

Published on January 31, 2013

Effective March 1, 2013, the Treasury Department will no longer mail paper checks to people who receive Social Security or other government benefits. These benefit payments can be made by Direct Deposit to your Checking or Savings account at ParkeBank. Direct Deposit is the safe and easy way to get federal benefit payments. If you currently receive benefits by paper check, you should make the switch to Direct Deposit and get your money in a safer and more reliable way.

WE MAKE IT EASY TO SIGN UP FOR DIRECT DEPOSIT

Using our Auto-Enrollment program, we can handle the sign up for you at our office. There is no need to complete any forms or even make a phone call. We will transmit all of your information directly to the Social Security Administration and you will receive a confirmation in the mail from the SSA within a short period of time. Stop in to any of our branches to arrange for Direct Deposit.

Sign up for the easy way today!

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IMPORTANT FDIC NEWS

The Federal Deposit Insurance Corporation (FDIC) has permanently increased deposit insurance on all accounts to $250,000 per depositor.

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