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F ederal r es er v e Bank o f Dallas
DALLAS, TEXAS

75222

Circular No. 73-295
November 30, 1973
TO THE CHIEF EXECUTIVE OFFICER OF ALL BANKS
IN THE ELEVENTH FEDERAL RESERVE DISTRICT:
New U. S. Treasury Check
Effective January 1, 197^? the U. S. Treasury Department will
assume responsibility for the issuance of monthly Supplemental Security
Income checks. Such checks will provide financial assistance to aged,
blind, or disabled persons who previously received such aid from state
governments.
The new check will be similar in form to existing U. S.
Treasury checks but will be yellow in color and bear an ABA routing
symbol/transit number of 0000-0050 in magnetic ink in the bottom band
and the numbers 15-50 in the upper right corner.
000

The purpose of this letter is to alert you to the imminent
appearance of this new form of cash item in banking transactions and
to request your cooperation in assisting the Treasury in expediting
the processing of such checks. The financial situation of recipients
of this form of aid is typically such that any delays in processing
claims for lost checks could cause severe hardships.
In order to facilitate rapid processing of both checks and
claims in the Treasury Department, we must ask all member banks
depositing a daily average of more than 100 U. S. Treasury checks
with this bank to deposit the new yellow checks in separate cash letters.
Nonmember banks depositing Government checks with an RCPC must separately
sort the new yellow checks, regardless of volume. Since the new check
routing number (0000-0050) is the same as that on buff colored GovernĀ­
ment checks the two categories may be mixed. They should not, however,
be mixed with the green checks (ABA routing symbol/transit number
0000-0051).
On March 15, 1973j we asked certain banks in our District to
temporarily provide a separate sort of new style U. S. Postal Money
Orders (ABA routing symbol/transit number 0000-0020). This sort may
be discontinued as of December 31? 1973.
Inquiries regarding this matter may be directed to the
appropriate officials in charge of the check collection operations at
any of our offices.
Yours very truly,

P. E. Coldwell
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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