Thank you to Angela Adam at the IMKCFCU for her efficient, awesome service! In the last two days, we bought a truck and sold our car and the total time it took us at the credit union for both transactions was about 15 minutes. She goes above and beyond her duties and is so great at what she does. Thank you, Angela and IMKCFCU, for making banking easy and convenient! -Tara Povich
REPRESENTATIVE PAYEE ACCOUNTS
A Representative Payee is an individual that receives Social Security and/or Supplemental Security Income (SSI) payments for someone who cannot manage or direct the management of his/her money. Representative Payee Accounts (RPA) are considered "fiduciary" accounts which are accounts established for the benefit of another individual. The federal Social Security Administration (SSA) determines which social security recipients need representative payees and also approves applications from individuals wishing to become representative payees.
For more information on RPA's you can contact SSA by phone at 1-800-772-1213 or access the "Guide for Representative Payees" online at www.ssa.gov/payee.