Stimulus Checks

Question and Answer Information Available Below

Non-deposit products are not insured by the FDIC; are not deposits; and may lose value.

Stimulus checks have begun to be funded to accounts. Please use the following Q&A list for answers to the most frequently asked questions.

For additional questions on the stimulus payments, please visit www.irs.gov/coronavirus.

When will my Stimulus Payment be coming in?

Direct deposit payments for CARES Act Stimulus Payments will begin to post to accounts within the next several days.  It is our goal to ensure these payments are posted accurately and timely.  Please note, RCB Bank cannot control what account number the government used to send the payments to. The account utilized to accept the stimulus money into was from 2018 or 2019 tax return period.

How do I know what account I used when I prepared my 2018 or 2019 taxes?

Please look at your tax return and or call your tax preparer.

The account I utilized for my 2018 taxes was with RCB Bank but has been closed or was charged off? Can I still get my stimulus deposit?

Should a payment attempt to post to a closed or charged off account and the customer has no other open accounts with the bank, these payments will be returned.  When the returned payment is received by the Treasury or the IRS, a check will be sent to the name and address for the taxpayer in the IRS’s records.  If there are other open accounts and the names on the payment(s) match the names on the account, we will post the payment.

How can I check the status of my payment and account information where the payment was sent?

You can get additional information regarding your stimulus payment at www.irs.gov/coronavirus.  There is also a Get My Payment option where you can check your payment status, confirm payment type, either direct deposit or check and update bank account information if applicable.

What if my stimulus payment was sent to two individuals (joint tax return) but I am now divorced and my name isn’t on the account?

The payment will post to the account used on the tax filing. It is up to the individuals to work through that issue with the funds.

What if I had my taxes deposited into an account I am not on? How will I receive my stimulus payment?

The payment will post to the account used on the tax filing.  It is up to the individuals to work through that issue with the funds.

I haven’t received my payment yet? Will there be additional payments sent?

Yes. There are supposed to be additional batches received over the next couple of weeks. We have no way of knowing when you will receive your payment if applicable.