picture of stimulus check

2020 COVID-19 Stimulus Checks

We know that you, like most Americans, may be wondering… where is my stimulus check?

The first round of stimulus checks were released to our members on Tuesday, April 14th. If you did not receive your check on the 14th, please note, we are not informed on where your stimulus check is and when you will receive it. Due to the nature of the federal government, we will not know the status of your check until we receive it.

You CAN check the status of your stimulus payment by clicking HERE.

How will the IRS know where to send your payment?

Most Americans do not need to take any action. The IRS is automatically calculating and sending the economic impact payment to those who are eligible. These calculations will be made using your 2019 tax return for those who have already filed them, and 2018 tax returns for those who have not yet filed for their return for 2019.  The economic impact (stimulus) check will be sent using the same delivery method and account that was used for your last tax return, whether that be direct deposit or through a physical check in the mail.

What if the IRS doesn’t have my direct deposit information?

The IRS has developed a portal on their site that allows you to get more information on your payment status, payment type, and whether they need more information from you (i.e. bank information).

For more important information from the IRS on payment disbursements, you can also click HERE

Source: www.irs.gov

How you can be notified exactly when you receive it

To keep track of exactly when you will receive your stimulus check, we strongly encourage you to:

  1. Enroll or Sign-In to Virtual Branch
  2. Select the Self-Service tab at the top
  3. Select Account Alert under the Alerts box
  4. Set your alert for “Deposit over $499.99” has posted to this account for email and SMS (text message).

You can also explore the other types of Alerts we offer such as: bill pay alerts, schedule reminders, transfer alerts, and general alerts!

This is a great convenient way to stay on top of your finances!