Information on Economic Impact Payments

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The IRS will be sending the third round of Economic Impact Payments (EIP, aka "stimulus payments") to eligible recipients over the next few weeks. Payments will arrive via direct deposit or an EIP prepaid debit card to those who have provided their bank account information through filing their taxes in 2018 or 2019 or through other federal programs. 

You may have questions about the payments, and we are here to help. Follow our page for the latest on the stimulus payment. 

Get an alert when your payment arrives.
Set an alert for when your payment is deposited into your account. 

Track your payment.
Track your payment status on the IRS “Get My Payment” portal.
If you need to set up or correct your direct deposit information, TwinStar members can learn how to set up direct deposit here. 

If you previously received your tax return as a paper check, your payment may be sent as an EIP Card or a check. 

The IRS deposited money into bank accounts, but I don’t have my money yet.
The IRS will send payments in waves with instructions to make the deposits on a specific date. The payments appear as “pending” in TwinStar online banking and show an availability date of Wednesday March 17. We cannot waive this availability restriction placed by the IRS. 

What if I didn't file taxes for 2018 or 2019?
For those that don’t file taxes, the IRS non-filers portal has an application for providing simple information to get your payments. 

Using your EIP card. 
Please visit the EIP card website for information on the cardholder agreement, fees and cash availability. 
 
Cash your EIP check remotely.
Save a trip to the branch or the ATM by taking a picture of your endorsed check and deposit it using our Mobile Check Deposit*. Make sure to sign the back of your check for deposit. If the check is made out to you and your spouse, both of your signatures are required on the back. 

Learn more about the payments.
Visit the IRS website for detailed information on the latest round of economic impact payments. 

Beware of scams.
The IRS is urging citizens to be careful of scams related to the economic impact payments. 

Thank you for being a member of TwinStar Credit Union.  

 

 

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