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Government Stimulus Payments

December 30, 2020

We expect that electronic stimulus payments will be available in Taylor Bank accounts as soon as Friday, January 1. See below for tips and the other ways you could get your payment.

How the IRS can help

Go to the IRS website for the most up-to-date answers to your questions, including:

  • Will I get a payment and how much will it be?
  • How and when will I receive it?
  • Do I need to do anything to get it?

Questions

How will I know when my payment has posted to my account?

We recommend that you set up an account alert to tell you when desposits post to your account.

How to setup an Account Alert

  1. Log in to Online Banking
  2. Select the "Options" tab, then "Alerts" and "Events"
  3. Follow the instructions to choose your alerts and your delivery methods

Please Note: ACH credit alerts will be received by dayend.

When should I expect to see the payment in my Taylor Bank account?

We will see our first wave of payments as soon as Friday, January 1. We will post them throughout the month on the date the files are received from the Federal Reserve. Please go to the IRS website for the latest information. You can check your transactions on the Taylor Bank mobile app and through online banking at taylorbank.com.

Please Note: Direct deposits received from the Federal Reserve are posted by 3:30pm daily.

External Link Disclaimer

You are now leaving Taylor Bank website. Taylor Bank (including its directors, shareholders, employees, and affiliates) is not liable or responsible for the content, information, security, or failure of any products or services promoted or advertised on this third party site.

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Email Disclaimer

Notice: Because there is a risk that information transmitted via Internet email could fall into the wrong hands, Taylor Bank suggests that confidential information, such as account numbers or social security numbers, not be transmitted via email. Instead, please contact Taylor Bank directly at your nearest bank branch.

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