Industrial Updates

Stimulus Checks, Direct Deposit and Eligibility Questions

Need to Check the Status of Your Stimulus Payment?

Visit the Get My Payment site to check the status. Please note that many people are currently visiting the site, so there may be delays. There are multiple rounds of payments and your payment may not have arrived today.

We’re currently receiving a large volume of calls requesting confirmation of payments.

If you see that your payment was scheduled for deposit on 4/15 and you don’t see it in your account, please confirm that you received either your most recent (2018 or 2019) refund, or your Social Security, Railroad Retirement and/or Social Security Disability via direct deposit to your Industrial account.

If your most recent direct deposit from the IRS (as noted above) went to your Industrial account and you’ve confirmed through the IRS site that your payment was scheduled for 4/15, but don’t see the payment posted to your account, give us a call at (360) 734-2043.

Continue reading for answers to some Frequently Asked Questions about how the CARES Act could impact you.

The CARES Act was recently signed into law and includes several provisions that may directly impact you including Unemployment and Stimulus Payments.

If you file for unemployment benefits, you can expect an extra $600 per week on top of your normal unemployment benefit for the next 4 months as a result of the CARES Act. The unemployment benefit time period has been increased to 39 weeks.

Most Americans are eligible to receive a stimulus payment from the government in the next few weeks. These payments are based on your most recent tax filing and will be paid the same way you received your tax refund or paid your taxes (either via Direct Deposit or by check). Individuals will receive up to $1,200, married couples up to $2,400 and parents will receive $500 per child dependent (children under 17).

You qualify for a full stimulus check if you file taxes and meet one of these qualifications:

  • You’re single and make less than $75,000.
  • You’re married and together, you make less than $150,000
  • You receive Social Security retirement or disability payments

The payments decrease proportionally $5 for every $100 of the taxpayer’s income over $75,000 and stop altogether for single workers making more than $99,000 ($198,000 for married workers and $218,000 for a family of four).

If you receive Social Security and don’t file a tax return, your check will be based on information provided by the Social Security Administration. If you don’t file taxes, the IRS will use your information on Form SSA-1099 or Form RSB-1099.

Anyone who is categorized as a dependent (including many college students) will not qualify for a check.

When Will I Receive My Stimulus Check?
How Will I Know the IRS Has Sent My Check?
Need Help Locating Your Direct Deposit Information?
What’s Next?
Watch Out for Scams!

Visit the Get My Payment site to check the status of your payment. Please note that there are multiple rounds of payments scheduled and many people are currently visiting the site, so you may experience delays.

The IRS started making direct deposit payments on April 11th and will begin issuing paper checks in May. The IRS plans to issue roughly 5 million checks per week. Lower-income people will receive their checks first and higher-income taxpayers might not see a relief check until September.

If you filed your taxes electronically (through a site like TurboTax) but received your last refund via paper check, you can update your Direct Deposit information at Get My Payment

After the IRS sends you a Direct Deposit or issues you a check, they will send a notice by mail to your last known address. You should receive the notice within 15 days of the check or Direct Deposit. This notice will include the payment method, amount and a phone number to contact if you have not yet received your check or deposit.

You can find the information you need for Direct Deposit on your checks or in Online Banking.

On a physical check, Industrial Credit Union’s routing number is the first number listed: 325180155, and the number that follows is the number for your checking account, also known as the MICR number.
Stimulus-checks routing-number

Don’t have a check on hand? You can find your checking account number in Online Banking with a few quick clicks. Simply log in and follow the instructions provided on the login screen.

If you’re anticipating Direct Deposit of your stimulus check, keep an eye on your account balance using Online Banking or our Mobile App.

If you receive a paper check, endorse the check and deposit it immediately. You can deposit the check using any of the following methods:

  • Deposit from home using Mobile Check Deposit
  • Place your deposit in an Industrial Credit Union night-drop
  • Visit the drive-up at Northwest, State Street, Ferndale or Nugents Corner, Monday through Friday from 9am to 7pm and Saturdays from 9am to 3pm

You do not have to do anything to receive a stimulus check. Be wary of any calls, text messages or emails claiming to be from the IRS -particularly if they request information to expedite or send your stimulus check. The Federal Trade Commission (FTC) has reported wide array of COVID related scams circulating. Visit the FTC online for the latest information on scams or to file a complaint.