As part of The CARES Act, some Americans received their stimulus payment last week, while others can expect to receive theirs in the coming weeks.
If you haven’t received your payment yet, check out our tips to ensure the IRS has the information it needs to get your payment to you as quickly as possible.
Ensure you’re eligible
Eligibility guidelines to receive a stimulus payment include U.S. citizenship or legal resident status, a valid Social Security Number (SSN), and household income reported on 2018 taxes or 2019 taxes if already filed. Checks will average $1,200 for each adult earning up to $75K a year and married couples earning up to $150K a year. Each household will receive an additional $500 check for every child under the age of 17 who lives at home.
Filers: update your information
If you filed taxes in 2018 or 2019 but need to update your bank account information or address, use the “Get My Payment” tool on the IRS website.
Non-filers: provide your information
If you did not file taxes in 2018 or 2019 because your income was under $12,200, you can provide your information to the IRS on its website.
If you didn’t file taxes but received Social Security retirement, disability (SSDI), survivor benefits, Supplemental Security Income (SSI), Veterans Affairs benefits, or Railroad Retirement benefits, the IRS already has the information it needs to ensure you receive your stimulus check.
Where to find your account information
To update your account information, you’ll need to provide our routing number and your 10-digit account or 13-digit MICR number.
Our routing number is 221380936. Your 10-digit account number can be found by clicking the Profile tab in Online Banking and your MICR number will appear under your checking account information on the main screen. When possible, we recommend using your MICR number, as it provides an added layer of security. To understand when to use each number, check out our MICR & Account Number Guide.
Depositing and accessing your funds
Curious if your stimulus check has been deposited?
In most cases, your stimulus check will appear as pending in your account several days before we receive the deposit. We’re unable to give you these funds in advance, and they’ll automatically deposit into your account when the federal government releases them. For the most up-to-date information about your stimulus money, check Mobile or Online Banking, which updates deposit information automatically.
Want to find out when you’ll receive a stimulus check?
The IRS controls the order in which citizens receive payments. Unfortunately, they do not provide us information on when your payment will arrive. To check on the status of your stimulus check and to find out when to expect your payment, use the “Get My Payment” feature on the IRS website.
Have you recently received a stimulus check in the mail?
If you receive your stimulus check by mail, deposit and have access to your funds within one business day by using the Mobile Deposit feature in the Northern CU mobile app.
For immediate access to your funds, connect with a team member at one of our Personal Tellers during business hours to deposit your check. Simply tap the screen and a team member will be happy to assist you.
Watch out for these scams
Unfortunately, fraudsters continue to take advantage of the promise of stimulus checks through different scams. Remember our top tips to protect yourself against these scams:
- Don’t accept a stimulus check unless it comes from the US Treasury. To verify checks that appear to come from the US Treasury, visit the Treasury’s Check Verification Information System.
- Don’t respond to phone calls, social media messages or emails asking for personal or account information. If you filed taxes, the US Treasury Department already knows this and will either make a direct deposit to your account or mail a check to the address you provided on your tax return.
- Be cautious of checks for odd dollar amounts. Stimulus checks should be even dollar amounts capped at $1,200 per person. Each household will receive an additional $500 for each child under 17 who lives at home.
- Don’t give your online or mobile banking username and password to anyone. Scammers often promise to use your account information to deposit a check for you, but instead deposit fraudulent checks and take your money.
- Don’t pay a processing fee to anyone. Some scammers advertise that paying a processing fee will make your stimulus check arrive sooner. This is not real.
For individuals financially affected by COVID-19, we’ve put together a COVID-19 Financial Relief Program to help bridge the gap during this difficult time.
We wish all of our members and their families continued health and safety during this difficult time.