Economic Impact Payments

Economic Impact Payments

Do you have questions about your stimulus payment? Visit IRS payment status website for current information first.

How You'll Receive the Payment

If you qualify and filed a 2020 or 2019 tax return, your payment will be deposited directly into the same banking account used for tax filing purposes. If you have not yet filed your 2020 tax return, the account used for your 2019 tax filing will be used. Note that payments are being distributed by the IRS in waves, so if someone you know has received theirs but you haven't yet, it is not a cause for concern.

Click here to check on the payment type and status of your Economic Impact Payment.

The IRS has set up a dedicated web page at https://www.irs.gov/coronavirus/economic-impact-payment-information-center to get more information about Economic Impact Payments. Since details about this program are still changing, we encourage you to check this website regularly for updates.

Mobile Check Deposit Availability

If you are not able to use direct deposit, the IRS will be mailing paper checks. Please note that we are unable to accept checks from the US Treasury via mobile deposit. You will need to bring your deposit to one of our branch locations.

Avoid Scams Related to Economic Impact Payments

Customers should be on the lookout for scam artists trying to use the economic impact payments as cover for schemes to steal personal information and money. Peoples Bank and the IRS will not call, text you, email you or contact you on social media asking for personal or bank account information – even related to the economic impact payments. Also, watch out for emails with attachments or links claiming to have special information about economic impact payments or refunds.