On April 2, 2020, the U.S. Treasury Department and the Internal Revenue Service announced the distribution of economic impact payments to help Americans combat the financial effects of the Coronavirus pandemic.
If you have been financially impacted by the pandemic, we understand how important it is that you receive this economic impact payment quickly and safely.
Receiving your payment in a timely manner.
Eligible taxpayers who filed tax returns for either 2019 or 2018 and provided direct deposit information will automatically receive their economic impact payment. Those taxpayers who did not provide direct deposit information will receive a paper check in the mail.
Checking your status
In the coming weeks, the IRS will be developing a portal on their website where you can check the status of your payment and provide your direct deposit information (if a check has not already been mailed to you). To ensure that you receive your payment as quickly as possible, you are encouraged to use direct deposit. Visit irs.gov/coronavirus for more specific timing on this portal and to check the status of your payment.
Economic Impact Pre-Paid Debit Cards
If you qualify for an economic impact payment (EIP), the government may send you a pre-paid debit card. For more information about how to activate your EIP Card, access cash, transfer funds, make purchases online and more, please visit https://www.eipcard.com.
Depositing your paper check
If you do receive a paper check in the mail, we encourage you to use mobile check deposit with the Bethpage Mobile app for the fastest and most convenient way to deposit the check into your account.
Other available options include visiting a local branch to use SPEEDeposit or an ATM. Visit lovebethpage.com/update for the availability of these options in your area.
Important note: In order to successfully deposit your paper check into your account, you must endorse the back of the check. If the check is not properly endorsed, it will be returned.
Negative Account Balances
We realize that access to the money from the Economic Impact Payments (EIP) is very important to our members during these challenging times. If the account into which the EIP has been or will be deposited has an outstanding negative balance, some or all of the funds from the EIP was/will be automatically applied to the negative balance. We understand that you may need the full amount of the EIP for other purposes, and you may choose not to use these funds to bring your account positive at this time. If this is the case, please complete the form below. Although you will still be responsible for any negative balance, we will temporarily credit your account to ensure you have access to the full amount of the EIP. If there are any issues with your submission, we will contact you to discuss further.
Request Access to Your Full EIP
Due to high call volume in our Contact Center, we encourage you to verify the receipt of your deposit by accessing your Online and Mobile Banking accounts, 24/7.