Credit Union, Banking Groups Blame IRS for Economic Impact Payment Confusion

Credit unions are finding themselves having to explain to thousands of members why it looks like Economic Impact Payments have been received but can’t be accessed. This is because the IRS decided to use March 17th as a release date for the funds and did not send payments using the same-day Automated Clearing House (ACH) system for direct deposits.

This article, written by our editor, is posted on the Credit Union Times website. Clicking on the link will take you to the article. There is a free, one-time registration required to visit the Credit Union Times website.

Credit Union, Banking Groups Blame IRS for Economic Impact Payment Confusion

Why am I being redirected to the Credit Union Times website? This will explain:

Message from the Editor About Story Links to the CU Times

Spread the word. Share this post!