LIBOR, Chase Bank, Unemployment benefits and Social Security benefits

[panader0]

I've been trying to learn more about the LIBOR scandal and found that Chase and other banks were in on the deal.
I just became eligible for Unemployment insurance, and in October will start my SS retirement (at age 62).
Arizona, and I assume other states, have the UI benefits sent straight to Chase banks. I think SS will do the same.
What, I wonder, is the deal there? Does Chase have deal with state governments or am I nuts to think so?
I have banked with Chase for some years, paid off two car loans early (got penalized for that) and they raised my interest rate to the max. I will being depositing my meager funds in a local credit union.

[salvorhardin]

1. I have no idea about your state's UI benefits but your SS can be direct deposited to any bank acct.

You can even manage your direct deposit online: http://www.ssa.gov/deposit

[OffWithTheirHeads]

2. My SS check is direct deposited into my credit union.

[DJ13]

3. Theres no middleman in SS payments

Thankfully!

[grasswire]

4. if you like, you need NO bank for SS

Benefits can be loaded onto a usdirectexpress debit card. No bank necessary.