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Second Stimulus Payments Have Begun

12/30/2020 11:30:00 AM
In response to pandemic conditions, the Federal government passed a stimulus bill called the "Consolidated Appropriations Act of 2021," and as a result, you may soon receive an economic impact payment by direct deposit, check, or Treasury-issued prepaid card.

If you are eligible to receive a payment, you may receive the funds in one of the following ways:

     Direct Deposit
  • If you provided your bank account information in your 2019 tax filing, you don’t have to do anything more. The funds will be sent via direct deposit using the account information provided in your 2019 tax filings.
  • If you had provided your bank account information at irs.gov/coronavirus earlier this year to receive the first round of stimulus funds, the funds will be sent via direct deposit using the account information you provided.
     Paper Check by Mail
  • If you did not provide your bank account information in your 2019 tax filing or at irs.gov/coronavirus earlier this year to receive the first round of stimulus funds, then you may receive a paper check through the mail.
  • North Shore Bank makes it easy for you to deposit checks:
     Prepaid Card by Mail
  • If you did not provide your bank account information in your 2019 tax filing or at irs.gov/coronavirus earlier this year to receive the first round of stimulus funds, then you may receive a Treasury-issued prepaid card.
  • If you receive a Treasury-issued prepaid card and have questions, please go to www.eipcard.com for instructions:  "How to get started" and "How to use your EIP Card". 
Track the Status of Your Payment
If you expect to receive stimulus funds by direct deposit, you can keep an eye on your account history by logging in to Online Banking or Mobile Banking or by calling our Easy Access Telephone Banking number at 800-411-3279. The transaction description will likely begin with “IRS TREAS” or something similar. Additionally, you can set up an eAlert to be notified when a deposit has been made to your account.

You can also check the status of your relief payment at irs.gov.

Be Wary of Scams
Don’t let fraudsters get to your money, here’s what you need to know.

At North Shore Bank, we take your financial security and confidentiality very seriously. Please contact us if you ever have any questions or concerns.
 
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