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Direct Deposit or Direct Express? How Federal Benefit Payments Are Changing Before 2025
Federal benefit recipients will soon be required to choose between Direct Deposit and the Direct Express debit card as traditional paper checks begin to phase out. A deadline set by the U.S.
CINCINNATI, September 09, 2025--(BUSINESS WIRE)--Fifth Third Bank, National Association, (Nasdaq: FITB) today announced it has been designated by the U.S. Department of the Treasury’s Bureau of the ...
The Direct Express card is a prepaid debit card used by federal benefits recipients. On the scheduled payment date each month, the card is loaded electronically with Social Security and/or Veterans ...
The Bank of New York Mellon Corporation (BK) announced it has been selected by the U.S. Department of the Treasury’s Bureau of the Fiscal Service as the financial agent for the Direct Express prepaid ...
Fifth Third Bank said it has entered an agreement with the U.S. Department of the Treasury's Bureau of the Fiscal Service to manage its Direct Express prepaid debit card program. Under the five-year ...
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