The U.S. Department of the Treasury will soon begin distributing stimulus payments. For many of our members, payments may be directly deposited electronically into your account, depending on your prior instructions to the government.
The U.S. Department of the Treasury will soon begin distributing stimulus payments. For many of our members, payments may be directly deposited electronically into your account, depending on your prior instructions to the government.
How will payments be received?
A) Direct Deposit — If they have the information on file from your tax return, the IRS will directly deposit the money into your bank account.
B) Debit Card — Some people will receive a preloaded debit card in the mail, which will then need to be activated before use.
C) Paper Check — Some will receive a paper check in the mail.
Millions of 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.
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.