Personal View All
Business View All
About Us View All
Routing Number: 273976369

Our unique, nine-digit number that functions as an address for your bank.

What are the duties of a Representative Payee?

A Representative Payee acts on behalf of the Beneficiary, and is responsible for everything related to benefits that a capable Beneficiary would do for him/herself. The Social Security Administration (SSA) encourages Payees to go beyond just managing finances and to be actively involved in the Beneficiarys life. The following lists the required duties of a Payee:
  • Determine the beneficiarys needs and use his or her payments to meet those needs
  • Save any money left after meeting the beneficiarys current needs in an interest bearing account or savings bonds for the beneficiary's future needs
  • Report any changes or events which could affect the beneficiarys eligibility for benefits or payment amount
  • Keep records of all payments received and how they are spent and/or saved
  • Provide benefit information to social service agencies or medical facilities that serve the beneficiary
  • Help the beneficiary get medical treatment when necessary
  • Notify SSA of any changes in your (the payee's) circumstances that would affect your performance or continuing as payee
  • Complete written reports accounting for the use of funds
  • Return any payments to which the beneficiary is not entitled to SSA

Find a Branch Near You

We're Happy to Help!

Serving all 50 states digitally with branches in Iowa, Nebraska, and Minnesota.

Hi. What’s your home zip code?

We'll use this to create a more personalized experience on our website.

Please enter a valid zip code Skip.