The IRS is beginning to distribute another round of stimulus payments. These payments are intended to provide financial relief from economic harm caused by the Coronavirus pandemic. Here's a guide to help you find the answers you need.
How the IRS Can Help
Go to the IRS site for the most up-to-date answers to your questions, including:
- Will I get a payment and how much will it be?
- How and when will I receive it?
- Do I need to do anything to get it?
What You Need to Know
Here is some other helpful information you may need to know:
When can I expect to the payment in my SCCCU account?
We expect most electronic payments to begin arriving as soon as Tuesday, March 16. You’ll be able to see the deposit pending in your account detail as soon as we receive it.
How will I know when the payment has posted to my SCCCU account?
We recommend setting up an account alert for all incoming deposits to your SCCCU account through Online Banking so you'll know when the deposit hits your account.
What if I receive a debit card instead of direct deposit to my account?
If you receive a debit card in the mail instead of a direct deposit, it’s because the IRS doesn’t have your bank account information on file. Learn more about the Economic Impact Payment Debit Card
activation, use and fees of your debit card here
What happens to my direct deposit if my SCCCU account used for prior economic stimulus payments is now closed?
If your account is closed, and we can't find another SCCCU account for you, we'll send your payment back to the government. They will then either issue a check or you may need to file for an IRS Recovery Rebate Credit. Visit IRS.gov/GetMayPayment
for more information.
How can I protect myself from stimulus payment scams?
Don't give anyone your personal information to "sign up" for your relief check (you don't need to sign up for anything). And if anyone calls, emails, or texts you for information to help you get your stimulus check early, it's a scam. We'll never call you and ask for personal information. Here are a few other tips the Federal Trade Commission recommends to protect yourself.
What are some other ways the Credit Union is helping during the pandemic?
Please review our COVID-19 Resource page
. Additionally, here's a COVID-19 Snapshot
from our financial counseling partner, BALANCE, to help you learn more about what's available to you during these challenging times. .