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How to Get Your Stimulus Check

We’re here to help you. You can trust that all deposits at Northwest Community Credit Union are covered by the NCUA for up to $250,000 per individual depositor.

If you're not a member with NWCU, check with the IRS for your stimulus check.

What can You do to Prepare for Your Stimulus Check?

  1. Use the IRS online portal to check on the status of your stimulus. You can also list your contact and account information if you did not file for tax refunds in 2018-19 using direct deposit information. Did you file previously? You'll automatically receive your stimulus deposit.
  2. Update your contact information with NWCU inside online banking with the best contact information.
  3. Watch Out for Stimulus Check Scams
    • If you are contacted by anyone to fill out a form regarding your stimulus check or anyone asks you to provide an account number for your stimulus check, it’s likely fraud.
    • The IRS will not call you seeking your account information in order to deposit stimulus funds. They will use direct deposit to the account last used for your tax refund in prior years; or, they will send out letters and/or mail a paper check. Do not give out your personal banking information to any caller.
    • NWCU will not call or text you asking for your online banking credentials (user id, password, card number). Do not give out your personal banking information. We will verify you in other ways. Not sure? Hang up and call NWCU!

When Will You Receive Your Stimulus Check?

The IRS has begun the pre-processing required to distribute stimulus funds to people who have bank account information on file with the agency. The earliest date that you'll likely see funds posted to your account is Wednesday, April 15. Deposits will continue in weekly batches. So if you don't see your deposit on the 15th, you may see it soon thereafter.

In May, the IRS will begin sending out paper checks, starting with people with the lowest income first. They plan to issue ~5 million checks per week, which means that the final round of checks may not go out until September.

You’ve Got Your Stimulus Check. Now What?

Not sure if you’ve gotten your direct deposit yet? Here are ways you can check your balance quickly, whenever you need:

If you’ve received your stimulus check via direct deposit, congratulations!

Confirm the amount is correct. If there’s an error with your stimulus check, contact the IRS immediately.

If you received a paper check, endorse the check and deposit it immediately. Since many financial institutions have reduced hours or are offering services by appointment only, consider depositing your check using your smartphone.

Follow These Steps to Deposit Your Check with Your Smartphone

Once the money’s in your account, start using it for what you need it for!

Our Bill Pay service can help you handle your bills from home.

What are Stimulus Checks?

In order to help Americans affected by the COVID-19 pandemic and the resulting economic fallout, federal lawmakers have enacted a $2 trillion economic stimulus package, called the CARES Act (Coronavirus Aid, Relief, and Economic Security Act).

For more information, visit the Internal Revenue Service (IRS) website on the CARES Act.

Part of the CARES Act includes sending stimulus checks to Americans. These checks are one-time payments of up to $1,200 per person and $500 per minor child.

  • An eligible single person would receive $1,200
  • An eligible married couple would receive $2,400 ($1,200 each)
  • An eligible family of four (two adults and two children) would receive $3,400

Stimulus checks are not considered taxable income.

Who is Eligible for a Stimulus Check?

You qualify for a stimulus check if you file taxes and meet one of these qualifications:

  • You’re single and make less than $75,000
  • You’re married and together, you make less than $150,000

Senior citizens, railroad retirees, and those on Social Security are still eligible. If you don’t file taxes, the IRS will use your information on Form SSA-1099 or Form RSB-1099.

The payments decrease proportionally after $75,000 and stop altogether for single workers making more than $99,000 ($198,000 for married workers and $218,000 for a family of four.)

Anyone who is categorized as a dependent (including many college students) will not qualify for a check.

What to Expect with Your Stimulus Check

The amount is based on your 2018 or 2019 tax filings. Your stimulus check will be paid using the method you used to receive a refund check or pay your taxes. If you received a refund via Direct Deposit, your stimulus check will be paid the same way. If you received a paper check, you’ll receive a paper stimulus check.

If you receive Social Security and don’t file a tax return, your check will be based on information provided by the Social Security Administration.

If you haven’t filed a tax return in 2018 or 2019, the IRS recommends filing a 2018 return to receive payment as soon as possible.

You do not have to do anything to receive a stimulus check.

Be aware of text messages, phone calls, or emails from those claiming to be the IRS. The IRS will not text, email, or call you about your stimulus check.