Skip Navigation Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view,download Adobe® Acrobat Reader.
First Community Bank
Mobile Banking

Economic Impact Payments

First Community Bank is committed to looking out for our customers and during this time of uncertainty, we want to be be a guide to supporting their financial well-being. 
 

Congress has passed new legislation to provide $900 billion in much-needed relief to families, workers, and businesses who are continuing to struggle. This legislation includes a new round of stimulus checks. The new round of stimulus checks will be in varying amounts based upon IRS criteria. Eligible individuals may begin to receive these stimulus payments as early as the first week of January, 2021 by either direct deposit or as a check. 

If you have questions regarding your eligibility or the criteria for stimulus payments, please visit IRS.gov/coronavirus to learn more. Please note: the IRS site will be updated as new information becomes available; please check back periodically.

 

We know that receiving this financial assistance is vital and we’re here to provide guidance and assistance along the way. Here are some frequently asked questions to help:
Eligibility is different for everyone and is outlined by the IRS.
 
Please visit the IRS website to see if you are eligible to receive a payment. Please note: the IRS site will be updated as new information becomes available; please check back periodically.
If you’re eligible to receive a payment, it will either be received as a direct deposit right into the account you used when you filed your taxes, or you will receive a check by mail.
 

Direct deposits to eligible individuals may take a few weeks for all stimulus payments to be sent by the IRS to financial institutions for deposit.

For those receiving payment by check, checks are also expected to be delivered over several weeks beginning in January 2021.

Remember you can make a safe and secure deposit through Mobile Banking by using the FCB Mobile App. 

When you’re looking at transactions in Online Banking, the payment will appear as “IRS TREAS” followed by 3 numbers, and then “TAX REF”.
 
These payments will look like the same transaction listing as a tax refund.
No. Be on the lookout for tax fraud and scams during this time. You will not be directly contacted by the IRS, or First Community Bank, asking for your Social Security number, or any financial information like your bank account number or passwords, or credit card number.
 
Also be vigilant and watch out for text messages, phone calls, websites and social media attempts that request money or personal information.
To check on the status of your payment, go to irs.gov/coronavirus/get-my-payment. Please note: the IRS site will be updated as new information becomes available; please check back periodically.
 

For security reasons, the IRS will mail a letter about the payment to each recipient’s last known address within 15 days after the payment is made. The letter will provide information on how the payment was made and how to report any failure to receive the payment.

For questions on Economic Impact Payments, the most recent information can be found at irs.gov. Please note: the IRS site will be updated as new information becomes available; please check back periodically.
 

If an account is closed or no longer active when the direct deposit is received, the direct deposit will not go through, and instead, you will be issued a check that will be mailed.

 

For security reasons, the IRS will mail a letter about the payment to each recipient’s last known address within 15 days after the payment is made. The letter will provide information on how the payment was made and how to report any failure to receive the payment.

FCB Customer Service

Monday - Friday: 8AM - 5PM 

Contact us at 231-526-2114