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Economic Impact Payments Information

Mar 19, 2021 | First Farmers Bank & Trust
Click to read about economic stimulus payments

On March 11, 2021, President Biden signed a $1.9 trillion coronavirus relief package to aid small businesses and consumers, including direct stimulus payments to eligible U.S. residents. 

 

The amount of Economic Impact Payments for qualifying individuals will vary based on a number of factors.

 

Check the Status of Your Payment

 

The IRS is currently disbursing payments, and First Farmers Bank & Trust does not have specific information as to when your payment may arrive. We are processing stimulus payments as they are received.

 

The IRS estimates that individuals can expect to start receiving funds beginning March 17, 2021. Not all stimulus payments from the U.S. Treasury will arrive at the same time.

 

Most recipients will receive these payments by direct deposit. Anyone who received the first round of payments earlier this year but doesn’t receive a payment via direct deposit will generally receive a check or, in some instances, a debit card. 

 

More Information

 

The easiest way to find out if your payment has been deposited into your account is by logging in to your online banking or checking your balance with the First Farmers mobile app. You can also call us with account questions at 1.800.371.3316.