Fifth Third to Manage Direct Express® Federal Benefits Program
Businesswire·2025-09-10 05:07
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, (Nasdaq: FITB) today announced it has been designated by the U.S. Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) as the new financial agent for the Direct Express® prepaid debit card program. The 5-year financial agency agreement begins on September 9, 2025. Direct Express currently serves approximately 3.4 million Americans with a prepaid debit card to receive their monthly federal benefits. The ma. ...