Full text of Federal Reserve Bank of New York Circulars : Discontinuance of Separate Sort of Treasury Supplemental Security Income Checks

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FE D E R A L R E SE R V E BANK
O F N EW YORK

April 1, 1976

Discontinuance of Separate Sort of
Treasury Supplemental Security Income Checks
7*o ?A<? CM?/
tSfroHc?

o/

On January 1, 1974, the U. S. Treasury Department assumed responsibility for issuance of
monthly Supplemental Security Income Checks. At that time, in order to facilitate the rapid
processing of both checks and claims in the Treasury Department, we asked all member banks de­
positing a daily average of more than 100 U. S. Treasury checks to deposit Supplemental Security
Income Checks in separate cash letters.
However, we have recently been advised by the Treasury that the special instructions relating
to the handling of such checks have been rescinded. Consequently, member banks depositing U.S.
Treasury checks with this Bank are no longer required to provide a separate sort for Supplemental
Security Income Checks (routing symbol 0000-0050).
If you are in the Head Office territory and have any questions regarding these matters, you
may contact either Ann S. Jackson, Chief, Check Processing Division (Telephone No. 212-7915319) or Clifford T. O'Brien, Assistant Chief, Check Processing Division (Telephone No. 212791-5421).
If you are in the Buffalo Branch territory please direct your questions either to David P.
Schwarzmueller, Chief, Check Division (Telephone No. 716-849-5051) or to Thomas C. Posch, As­
sistant Chief of that Division (Telephone No. 716-849-5143).




PAUL

J.

VOLCKER,