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The U.S. Treasury is distributing COVID-19 stimulus payments.

by Lori Hays | Jan 08, 2021
The U.S. Department of the Treasury has begun distributing COVID-19 stimulus payments. We encourage you to consider using Mobile Deposit. It is a fast and safe way to deposit your check into your MSDFCU account.

The U.S. Department of the Treasury has begun distributing stimulus payments and will continue to do so over the next several weeks. For many of our members,  payments may be deposited electronically into your account, depending on your prior instructions to the government.

However, an estimated 30 to 40 million payments will be printed checks delivered by mail. Once they arrive, many of you will be eager to deposit these checks as quickly and safely as possible. We encourage you to consider using Mobile Deposit. It is a fast and safe way to deposit your check into your MSDFCU account.

Mobile Deposit is free, easy, and secure, and best of all it takes just minutes. You can do it from anywhere with your mobile device.

For a quick overview, watch the video below. We also have a how-to guide available to help you make the deposit. 

 

Watch our mobile deposit video

If you are new to Mobile Banking, we have many resources in our online help center,  including FAQ's, Videos, and several easy step-by-step How-To guides. And, of course, you can call our Member Service team at 215-996-3700 who are always happy to help get you started.

You may check the status of your payment at IRS.gov/GetMyPayment.  For more information about Economic Impact Payments, please visit IRS.gov/EIP. FAQs about Economic Impact Payments are available on the IRS website.