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Stimulus Payment Update

by | Mar 12, 2021 | News

Many will be receiving another stimulus check from the federal government as part of the 2021 American Rescue Plan. Texas DPS Credit Union will process Economic Impact Payments as they are received from the IRS. The IRS Payment status tool is the best place to check the status of your stimulus payment.

Want to be alerted when it has been deposited into your account?

Set up e-Alerts in Online Banking. Set up is free and easy. Login to Online Banking at the top of this page. After you login, click on “Create Alert”. Not only will you be notified when your stimulus funds arrive, you can also set up alerts for other account activity like when your account balance drops low or a deposit or withdrawal is made.

Guard Yourself Against Scams

Scams are always a concern when money is involved, so you should be on the lookout. Some possible scams include:

  • Emails or texts that try to get you to click on a link that then takes you to a form that asks you for personal information so you can get any payment that you are owed. Do not respond to any email or text asking for personal information.
  • Phone calls where someone claims to be from a federal agency such as the IRS or Treasury Department. Never assume an incoming call is from an authorized person especially if they are asking for personal information.
  • People who contact you claiming that you can get your payment faster by paying a small fee by using either a gift card or prepaid debit card. Always be cautious when working with any person or business you do not know or cannot verify.
  • Someone calls you and demands personal information such as bank account numbers or your Social Security number right away or you’ll lose your benefits. This is almost always a sure sign of a scam.

In general, you should be aware that federal agencies won’t ask you to pay anything up front to get your payment, and they won’t call, email, text, or reach out to you via social media to request your bank account or Social Security number, or to verify personal information.

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