Stimulus Payments – Updated Information

On March 12, 2021, the federal government approved stimulus payments to qualified recipients by direct deposit or check. 1st National Bank is committed to providing direct deposit funds to you as soon as they become available. Some helpful information is provided below to help answer your questions.

Direct Deposit

Individuals who qualify and have direct deposit information on file with the IRS from their 2019 or 2020 tax filings will likely receive payments first. You can quickly see if a direct deposit has posted to your account by logging into online banking or the mobile app. There are instances where you may have your stimulus deposit show as pending in your account. Once 1st National Bank receives the funds from the Federal Reserve, we will make these funds available to you. The Federal Reserve is expected to begin releasing funds on March 14th, 2021, though if we receive funds sooner, we will release them.

Payment by Check

The Federal Reserve will begin mailing stimulus payments to individuals by mail later this month.

Resources

1st National Bank has excellent resources to handle your banking needs. Due to higher than normal demand, we ask you to use the following information to answer your questions:

  1. Go to the IRS.GOV website to check the status of your stimulus payment. This will provide the date your payment will be released. 1st National Bank does not have this information.
  2. Click the link in the top right corner to enroll or log into online banking. To learn more about our digital banking products, view our interactive demo videos here.
  3. Search the app store for 1st National Bank Lebanon and download our mobile app. To view our interactive mobile app videos, click here.
  4. Visit a banking center. Due to increased foot traffic, please be sure to maintain social distancing and be patient as we handle a large influx of clients.

 

Thank you for choosing 1st National Bank!