How do electronic deposits work in TreasuryDirect?
First, establish payroll deduction through your employer or direct deposit from your bank. Your deduction is sent to your Zero-Percent Certificate of Indebtedness (Zero-Percent C of I or C of I) in your TreasuryDirect account. The C of I does not earn interest and is intended to be used as a source of funds for purchasing eligible interest-bearing securities.
Related Questions
- What is AmeriCU’s ABA #, so that I can provide all of the necessary information to set up electronic payments or deposits to my account?
- My employer will not send direct deposits to TreasuryDirect for me. Can I participate in TreasuryDirect on my own?
- What are the differences between electronic marketable securities and savings bonds in TreasuryDirect?
