Economic Impact Payments
As of Monday, January 4th at 9:00 a.m., all electronic Economic Impact Payments have been deposited into Credit Union of America members’ accounts. If you did not receive a payment today, you will not be receiving an electronic payment to your CUA account. Instead, you'll receive a check or a debit card distribution through the mail. These payments will be distributed by the week of January 24th. If you still haven't received a payment by that week, you'll need to request the payment through your 2020 tax return.
If Credit Union of America returns an electronic payment due to a closed account, the IRS will issue a check within 10-14 days after receiving the returned payment.
For questions and more information please reference the Economic Impact Payments webpage on the IRS site. While we are happy to answer questions you may have, please know that call volume is higher during this time, and answers may be more readily available by visiting the site above. Thank you for your membership.