Bureau of the Fiscal Service

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United States
Washington D.C., DC
Bureau of the Fiscal Service

We promote the financial integrity & operational efficiency of the U.S. government through accounting, financing, collections, payments, & shared services.

We're a new Bureau of the Treasury Department formed from the consolidation of the Financial Management Service and the Bureau of the Public Debt. Our mission is to promote the financial integrity and operational efficiency of the U.S. government through exceptional accounting, financing, collections, payments, and shared services. Our vision is to help transform financial management and delivery of shared services in the federal government. We'll provide exceptional services and collaborate with and help other government organizations raise the level of their performance. We'll meet our goals by introducing a level of efficiency, transparency and accountability that positively affects the public perception of how government works. The Bureau of the Fiscal Service will be a valued partner for agencies as they work to strengthen their own financial management or as they look for a quality service provider who can allow them to focus on their missions.

Operating as usual

11/18/2020

Join our FIT office and National Science Foundation at #TTS20 to learn how we are partnering to address the grants payment challenge using blockchain. Check out the video below, and then read more ▶️ http://ow.ly/axCW50CoqtD

11/18/2020

We're hiring a GS-13 Public Affairs Specialist in our DC office! Learn more and apply via USAJobs by Nov 30 http://ow.ly/rLdz50ClGbE

Duties include:
- Social media monitoring & communication
- Serve as media spokesperson
- Develop effective working relationships and conduct outreach with media
- Lead media events, campaigns, interviews, and tapings
- Provide prompt and accurate responses to media inquiries

11/17/2020

Do you ever have issues processing a returned check or ACH payment? The TFX Payment Issue Resolution page seamlessly pulls together all the steps in one place! It’s even sorted by payment type! Who’s your friend? TFX!

#yourfriend
#tfxtuesday

11/16/2020

“Are EE Bonds attractive as a 20-year, very safe investment? Absolutely." http://ow.ly/pK3750CbzGg

11/16/2020

We're #hiring 2 GS-13 Legislative Specialists in DC to:
- Formulate & advance #legislative proposals
- Respond to media & congressional inquiries
- Prep executives for media interviews, speaking events & congressional testimony, and
- Oversee congressional correspondence
Apply via USAJobs http://ow.ly/CHjc50ClEx2 by Nov 30.

11/10/2020

Ready to kickstart 2021? Bookmark the Treasury Financial eXperience (TFX) website https://tfx.treasury.gov for easy access to your one stop shop for federal financial management guidance.

#kickstart2021
#tfxtuesday

11/09/2020

“I Bonds allow you fantastic flexibility. You can redeem them after one year, costing you three months of interest. Or redeem them after five years and pay no penalty, or just hold them for 30 years and cash out." http://ow.ly/k2i750CbzaG

11/05/2020

Is there a better way to transform grant management in the federal space? The answer could be in blockchain. Learn what the Fiscal Service is exploring and check out a cool prototype at http://ow.ly/ZDIA50CbwE5

11/04/2020

🔊 Listen in as our own Adam Goldberg discusses blockchain and innovation on Nextgov's Critical Update podcast! http://ow.ly/ADDJ50CaCTS

11/03/2020

The Treasury Financial Experience (TFX) has launched! We’re here to make finding federal financial management guidance easy. Are you wondering “Why was my ACH payment returned?” Go to https://tfx.treasury.gov and type “ACH” in the search bar. See? Easy! #tfx #tfxtuesday

11/02/2020

In August, we partnered with the ACT-IAC Emerging Technology Community of Interest to host an Emerging Technology Day. The event included discussions about AI’s impact on the federal financial sector. Learn how to get started and achieve results!
http://ow.ly/Vcj950C9jqA

10/29/2020

If you missed GFMLive, catch this video of Treasury FAS Dave Lebryk, Fiscal Service Commissioner Tim Gribben and team talking about the future of federal financial management!

https://fmvision.fiscal.treasury.gov

10/28/2020

"...Fiscal Service, for example, saw much of its five-point Future of Federal Financial Management Strategy pay dividends during the pandemic, when it disbursed more than 160 million Economic Incentive Payments (EIPs) worth $270 billion. Two weeks after Congress passed the CARES Act, the bureau had already distributed about half of all EIPs electronically, at one point disbursing more than 2 million electronic payments worth $150 billion in 10 hours." http://ow.ly/LhX950C4TZH

https://fmvision.fiscal.treasury.gov/

10/27/2020

Treasury Financial Experience has launched as a new how-to guide for federal financial management. Take a look around & tell us what you think. Go to https://tfx.treasury.gov & use the “Contact Us” button in the top right corner to send your comments & questions. #tfx #tfxtuesday

10/19/2020

The Financial Management Standards Committee (FMSC) sponsored a project with the Financial Management Quality Service Management Office (FM QSMO) at Fiscal Service to standardize the way agencies share information among systems. Learn more ▶️ http://ow.ly/caRB50BWjsS

10/09/2020

#JobOpportunity: Looking to take on the challenge of leading a program responsible for ensuring payment integrity & combating improper payments? We're looking for a Program Manager (GS-15) to join our team in Philadelphia. Apply by 10/29 via USAJOBS ▶️ http://ow.ly/oxHf50BO5Ma

10/08/2020

Did you lose a savings bond? Do you have one that is damaged? You can ask us to replace it. Just complete FS Form 1048 and mail it to the address on the form ▶️ http://ow.ly/PEZr50BMqnF

10/06/2020

The results are in! Our annual Customer Satisfaction Survey showed significant gains:
✔️Participation up by almost 50%.
✔️Customer satisfaction up from 83% in 2018 to 93%.
✔️Executive satisfaction up from 90% to 96%.
How? Data!
Find out more ▶️ http://ow.ly/gUY050BL3ay

10/02/2020

Check out our latest innovation! 👀 We're making it easier for the financial workforce to access financial management guidance, policies and instructions with the launch of a new website, the Treasury Financial Experience (TFX) tfx.treasury.gov

10/02/2020

We're celebrating Fiscal Service Senior Advisor Laurie Park for being selected for the 2020 "Leading for Impact, Women in Leadership Award." 🎉 🏆 These awards recognize & celebrate women guiding, mentoring, & driving the federal IT industry. Congratulations, Laurie!

10/01/2020

09/23/2020

#JobOpportunity: We're looking for passionate, self-driven technologists with strong application development and enterprise content management skills! We have 2 positions for IT Specialists (APPSW), GS-2210-13 in AL, TX or DC. Apply by 9/28 via USAJOBS ▶️ http://ow.ly/nWk750ByTi6

Congratulations to the Fiscal Service team of Matt Miller, Adam Goldberg, Tamia Williams, and Christy Life for being fin...

09/14/2020

FedScoop 50 Awards 2020

Congratulations to the Fiscal Service team of Matt Miller, Adam Goldberg, Tamia Williams, and Christy Life for being finalists for the 2020 FedScoop 50 Awards! 🎉🏆
Vote for them at ▶️ http://ow.ly/XArL50BpTc1

The 2020 FedScoop 50 Awards voting is now open! Each year, the FedScoop 50 Awards honor the best and the brightest who make the federal government more efficient and effective. These awards allow us to celebrate the outstanding achievements of our peers and acknowledge their tireless efforts to make...

09/08/2020

Social Security Administration

There is a new blog post titled “Get All Your Federal Benefit Payments in One Account Using Direct Payment.” Learn more here: http://ow.ly/DXts50BgQfT

09/04/2020

#JobOpportunity: We're looking for an Executive Director for our Financial Management Quality Service Management Office in #DC. This is a SES position. Apply by 10/5 via USAJOBS ▶️ http://ow.ly/1Su550BhrcM

08/19/2020

#JobOpportunity: We're looking for a GS-13 Management and Program Analyst (Executive Assistant) to work in our Parkersburg, WV office. This position is in a fast-paced executive leadership office, and performs a variety of important organizational and analytical activities to support our shared services business operations. Apply by 8/25 via USAJOBS ▶️
http://ow.ly/Rx0u50B3mq7

08/11/2020

DYK? OTCnet now offers two kiosk options to federal agencies for easy payments: the Kiosk Tablet and the Self-Service Kiosk. Offer your customers flexibility in how, where and when they pay with the OTC kiosk options. https://fiscal.treasury.gov/otcnet/

08/10/2020

Learn more about the future of federal financial management and our goals. Read Commissioner Tim Gribben's Annual Letter to federal CFOs ▶️ http://ow.ly/Q63950AVG7T

07/28/2020

Congratulations to Treasury's own Corvelli McDaniel and Lorraine Cole, the 2020 Samuel J. Heyman Service to America Medals People’s Choice award winners!🏅🎉

The duo created an innovative program in which large U.S. commercial banks mentor small and minority-owned banks, providing them with management and technical assistance and enabling them to better serve low-income communities.
Read their story ▶️ http://ow.ly/kXpy50AK3nC

07/20/2020

Get the whole story of the CARESAct and the Treasury’s Fiscal Service with a narrated PowerPoint deck, downloadable at ▶️http://ow.ly/nQon50AziUa

#CARESAct #Treasury #FiscalService #DirectExpress #EIP #EIPCard #StimulusPayments #disbursing #USASpending

07/17/2020

Fiscal Service OTCnet Card Processing

Have you heard? Federal agencies can now further streamline their collections with Card Processing for OTCnet. Card Processing integrates credit/debit, and gift card payments within the same platform as check and cash deposits, making OTCnet the only one-stop-shop for collections. Watch this video to learn more!

07/16/2020

When legislation passed to provide relief to Americans during the COVID-19 pandemic, Fiscal Service sprang into action to help implement 4 critical programs. Find out more ▶️ http://ow.ly/wVVz50Azirn

#CARESAct #DirectExpress #EIP #Stimulus #disbursing #USASpending

07/16/2020

Have you checked out FiscalData.Treasury.gov? It’s the new hub for federal financial data with:

✔️Downloadable data in multiple machine-readable formats

✔️Customizable data previews

✔️Comprehensive data documentation

✔️Easily accessible APIs

07/14/2020

Visit the U.S. Department of the Treasury’s new website, created with data analysts in mind! With access to machine-readable data for download, comprehensive data documentation, and the ability to preview the data, FiscalData.Treasury.gov will exceed your expectations. Check it out and tell us what you think!

07/09/2020

Have you received one of Treasury's new #EIPcards? Don't forget that the card must be activated before you can begin to use it. Learn more about how you can use your EIP Card at EIPCard.com.

Address

401 14th Street SW
Washington D.C., DC
20227

Telephone

(202) 622-2000

Website

http://www.fiscal.treasury.gov

Alerts

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Videos

Federal agencies are driving toward the future of financial management. Check out this video for more on Joint Financial Management Improvement Program (JFMIP) priorities.

Fiscal Service OTCnet Card Processing

As part of the Financial Management Innovation Partnership, our Financial Innovation & Transformation office is seeking proposals from federal agencies to explore technologies that have the potential to improve the efficiency & effectiveness of federal financial management. Proposals are due by July 10. Learn more about the application requirements, eligibility and the application form ▶️ http://ow.ly/D01r50A80Ee Selected agencies will get funding help for their projects to assist them in advancing their ideas, pilots, or proofs of concepts with the intent of shaping new concepts into concrete solutions. Preference is given to federal agencies with ideas for projects about new/emerging technologies or technologies with limited adoption across the federal government. Also of interest are innovative solutions to challenges surfaced by COVID-19 and/or the CARES Act.

Use your #EIPcard to make purchases where Visa® Debit is accepted — in stores, online or by phone. You can also use your EIP Card to pay bills, get cash back with a PIN debit purchase where available. Learn more at EIPCard.com.

How does federal revenue compare to spending and the size of the economy? 👀 The newest visualization from the #DataLab presents a straightforward analysis of #federal finances. Visit ➡️ http://ow.ly/E0oV50u3tGI #datatransparency

Why are we so focused on standards?

The Treasury 10-year vision profiles a path to provide citizens with a government that is; ✔️an efficient steward of its financial resources ✔️provides accurate information ✔️provides modern, seamless & secure financial interactions ow.ly/Xves30ohjhu

Standardization leads ➡️ to consolidation. Consolidation leads ➡️ to automation. Automation leads ➡️ to cost savings, improved service, & agency focus. Standardization is the key. 🔑 See how we plan to meet the expectations of the American public. 👇

What is Blockchain and What Can It Do for Government?

What exactly is the hype around #blockchain? Watch our video to learn about this emerging technology and its potential benefits for #government. http://bit.ly/2NRgrzB #OFIT

It's here! Check out #USAspending and #DataLab to explore how nearly $500 BIL is spent on federal contracts via interactive #DataVisualizations: https://www.usaspending.gov/#/explorer/agency #Experiment #Analyze #Discover #DataVisualization #DataAnalytics

New year new goals. #FeelGoodFriday

Make Gov Payments Using PayPal

#SPRING into PayPal for the first day of spring for all your govt and business payments!

myRA Celebrates Women's History Month!

There's a savings gap between men and women, and now is the time to help close it. This March, make a little history in your own life & start saving for your future with #myRA. #WomensHistoryMonth.

Mobile Check Capture from the Fiscal Service

Mobile Check Capture, just one of the new suite of mobile solutions transforming Federal agency businesses today. This service, provided by the Bureau of the Fiscal Service is a convenient, simple, and secure way for Federal Agencies to collect and deposit checks.

"Uncle Sam Speaks"

Today marks the 82nd anniversary that the savings bonds program was officially launched when President Franklin Roosevelt bought the first Series A savings bond on 1 March 1935. Over the years, we've had many celebrities involved with the program, many featured in this video, "Uncle Sam Speaks." Make sure to watch all the way to see the all-star line-up!

Happy 227th Birthday to the U.S. Treasury

Happy 227th Birthday to the U.S. Department of the Treasury!

Bureau of the Fiscal Service

Today we celebrate the 45th Anniversary of Public Law 92-366. Approved on 7 August 1972, it states recurring payments can be made with other options instead of just checks. This paved the way for Electronic Funds Transfer (EFT), commonly known as Direct Deposit.

Our Story

Right before World War II, in 1939, President Franklin Roosevelt began a reorganization of the executive department. The president consolidated all Treasury financing activities into a "Fiscal Service" under the direction of a fiscal assistant secretary. These activities included accounts, deposits, bookkeeping, warrants, loans, currency, disbursements, surety bonds, savings bonds, and the public debt.By 1940, the Fiscal Service consisted of the Bureau of Accounts, the Bureau of the Public Debt, and the Office of the Treasurer—all under the direction of the fiscal assistant secretary. A 1974 reorganization of the Fiscal Service created the Bureau of Government Financial Operations, which consolidated most of the functions of the Office of the Treasurer.

In 1984, the Bureau of Government Financial Operations was renamed the Financial Management Service (FMS). The new name reflected Treasury’s aim to achieve greater efficiency and economy in government financial management. During this time, the Bureau of the Public Debt (BPD) continued to track, account for, and manage the various elements of the public debt structure first established by George Washington’s Secretary of the Treasury, Alexander Hamilton. On October 7, 2012, Treasury Secretary, Timothy Geithner issued Treasury Order 136-01 creating the Bureau of the Fiscal Service, consolidating the operations of the Bureau of the Public Debt and the Financial Management Service.

Our Mission is to promote the financial integrity and operational efficiency of the U.S. government through exceptional accounting, financing, collections, payments, and shared services. Our Vision is to help transform financial management and delivery of shared services in the federal government. We provide exceptional services and collaborate and help other government organizations raise the level of their performance. We'll meet our goals by introducing a level of efficiency, transparency and accountability that positively affects the public perception of how government works. We are guided by our commitment to integrity, collaboration, accountability, learning, and excellence in our dealings with each other and with those we support and serve.