*|TITLE:FNAME|*, as part of its COVID-19 response, the US government has started delivering aid to eligible taxpayers. Taxpayers who filed 2019 or 2018 income tax returns, as well as current recipients of government benefits such as Social Security retirement, will automatically receive an economic impact payment of $1,200 for individuals, $2,400 for married couples, and up to $500 for each qualifying child.
Payments will be deposited directly into the same account that was listed on your most recent tax return, or is used to receive your current benefit payments. If the IRS already has your EdFed account information, no further action is required. You can check your account using online banking, 24/7 at www.edfed.org or on our mobile app.
Economic Impact Payments
The IRS introduced a new tool for anyone who is not required to file a tax return, or has not provided the IRS with their direct deposit information. Users of this service will need to create an account with the IRS and provide the Credit Union's routing number (267077821) and their full 14-digit account number. Our routing number and your full EdFed account number can be found on the bottom of your checks. If you do not have checks, call our Member Contact Center at 305-270-5250 for assistance.
If you receive a paper check, you can deposit it at one of our open drive-thru locations or in our branch day/night depositories. You can also mail your check to us at 7800 SW 117th Ave, Miami FL, 33183-3825. Please be sure to write your account number and share ID for the deposit on the back of your check. Deposits made at a branch or via mail will be applied to your account without funds availability holds. For mobile deposit users, the first $500 of your deposit will be made available the same business day.
For more information on Economic Impact Payments, please visit the IRS coronavirus impact payment website found at irs.gov/coronavirus/economic-impact-payments. Remember this is the only authorized site by the IRS.
| Protect Yourself Against Fraud | | The IRS and EdFed will NOT call you requesting information to help you enroll for this program. Do not give anyone your personal information to enroll for your stimulus check. Anyone calling or emailing you for your personal information, like your Social Security number, PayPal account, or Credit Union information is trying to steal your stimulus check and your identification. The Federal Trade Commission has published information to help you avoid stimulus scams. |
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