08/01/2025: Federal Paper Checks Ending
Big Changes Are Coming: Federal Paper Checks End September 30, 2025
The U.S. government is making a major shift in how it delivers federal payments. Under Executive Order 14247, the U.S. Department of the Treasury will stop issuing federal paper checks for all disbursements, including Social Security benefits, tax refunds, and vendor payments, starting September 30, 2025.
This move is part of a broader effort to modernize government payments, reduce fraud, and improve efficiency. According to the Treasury, paper checks are 16 times more likely to be lost, stolen, or altered than electronic payments. The shift to electronic funds transfer (EFT) methods like direct deposit is expected to save taxpayers hundreds of millions of dollars annually.
Why This Matters to You
If you currently receive federal payments by check, you’ll need to switch to an electronic payment method before the deadline. And there’s no better time to set up direct deposit with Members First Credit Union.
Here’s why:
- Get Paid Up to Two Days Faster – With Members First CU, your federal payments can arrive up to two days early, giving you quicker access to your money.
- No More Lost or Stolen Checks – Direct deposit is safer and more reliable than waiting for a check in the mail.
- Skip the Line – Your funds go straight into your account; no need to visit a branch location to deposit a check.
How to Set Up Direct Deposit
It’s easy! Just provide the following information to the agency issuing your federal payments:
- Routing Number: 314978394
- Your Members First CU Account Number
Need help? Contact Us and our team will be happy to assist you through the process.
Learn More
Modernizing Payments To and From America’s Bank Account
Treasury Releases Request for Information related to the Executive Order 14247
