Economic Impact Payments

The Treasury Department and Internal Revenue Service have begun processing the second round of Economic Impact Payments. If you're eligible, your payment:
  • May be direct deposited 
  • Sent as a paper check
  • May arrive in the mail as an Economic Impact Payment Visa Debit Card 
Please reference this aritlce from the Federal Trade Commission for more information

Eligible individuals will automatically receive an Economic Impact Payment of up to $600 for individuals or $1,200 for married couples and up to $600 for each qualifying child.  Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns, you will receive the full amount of the second payment. 

When Will Community Bank Receive Your Payment? 
Community Bank processes automatic payments Monday thru Friday (excluding Holidays) at the following times: 
  • 9 AM PST
  • 2 PM PST
  • 8 PM PST
Payments will be posted to your account as soon as they have been processed. 

Receive An Email When Your Payment Has Been Processed
For customers with an active Online Banking account, you may set up an alert to notify you when you have received a payment.
  1. Login to your online banking account using a computer or the browser on your mobile device (Alerts are not able to be set up from the Mobile App).
  2. Select "Options" in the top menu bar
  3. Select "Alerts"
  4. Click "Events"
  5. Select the "Email" option on the "Receive Incoming ACH" line.
  6. Click "Submit"
Check Your Payment Status
The IRS "Get My Payment" site allows you to confirm that they sent your second stimulus payment and to find out if it is Direct Deposit to your bank account or being mailed. 
 
Watch Out For Scams
There were many schemes related to the previous round of stimulus payments. Remember the following to avoid becoming a victim:
  • The IRS won’t contact you by phone, email, text message, or social media with information about your stimulus payment, or to ask you for your Social Security number, bank account, or government benefits debit card account number. 
  • You don’t have to pay to get your stimulus money.
  • The IRS won’t tell you to deposit your stimulus check then send them money back because they paid you more than they owed you. 
If you need any further assistance, we are a phone call away. 800-472-4292. 
 

You can also get assistance after hours by calling 844-796-6955 from (5 PM - 11 PM PST on weekdays, and 9 AM - 5 PM PST on weekends). After hours calls may result in longer hold times due to the increased call volume expected during this time.