The U.S. Department of the Treasury Presents a safe, sure, easy
way to receive Your Federal Check.
Now there is a new, low-cost way to receive your Federal benefit
or payment. Its called an ETA – Electronic Transfer Account.
An ETA is a new federally insured account you can open right
here. With an ETA, instead of getting a check in the mail, you
can have your payment deposited right to your account –
on time, every time.
An ETA means you can enjoy the safety, security and convenience
of receiving your payments automatically, even if you don't
have a checking or savings account now.
ETA's are available to anyone who receives Social Security,
Supplemental Security Income (SSI), Veterans Benefits, Railroad
Retirement, Civil Service Salary or Retirement, or Military
Retirement.
What you should know about your ETA
An ETA costs you $3.00 a month or less. For this service charge,
you'll enjoy the safety, security and ease of having your
check deposited directly to your account plus the following
features:
- Your ETA is Federally insured
- You can take money out of your account at least four
(4) times a month. If you use Automated Teller Machines
(ATMs) at certain locations, it may cost extra. Ask a teller
or customer service representative for details.
- You don't need to keep a minimum balance in your account
unless the law requires it.
- You'll get a monthly statement listing all deposits and
withdrawals.
Other services provided may have additional costs. Ask your
teller or customer service representative if you have any
questions about the ETA. If you have other questions about
your Federal payment, contact the Federal agency that pays
you.
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