Information About Economic Impact Payments

Information About Economic Impact Payments

The IRS has begun making Coronavirus Tax Relief and Economic Impact Payments to US taxpayers and payments may show in some member accounts.

How much will I receive?

The plan provides $1,200 to individual taxpayers, $2,400 to married couples filing jointly, and an additional $500 per qualifying child under the age of 17 to families. There are, however, income restrictions. If you earn more than $75,000 as an individual taxpayer, $112,500 as a head of household, or $150,000 as a couple, the amount you’re eligible for will decrease. For additional information on payout amounts and qualifications, please visit the official IRS Website.

How will I receive the check, if I am eligible?

Stimulus checks will be direct deposited into the account listed on your 2019 tax return or your 2018 tax return if you haven’t filed last year’s tax return yet. If they’re unable to direct deposit your money, they will mail you your check.

*If you have not set up Direct Deposit and would still like to, please visit the irs.gov Get My Payment tool. If you're setting up direct deposit for your Heartland Credit Union accounts, be sure to use HCU’s routing number — 271189446 — and your 14-digit account number. To verify your 14-digit number displayed on your checks, please contact the phone center by calling 217.726.8877

Those who typically don’t file a tax return will need to submit information to the IRS through the Non-Filers: Enter Payment Info tool in order to receive their payment. This includes low-income taxpayers, senior citizens, some veterans, and individuals with disabilities. Social Security Railroad Retirement, or SSDI recipients, however, won’t need to complete a simple tax form and will automatically get the full $1,200 direct deposited into their account.

When will I receive the check, if I’m eligible?

Direct Deposit disbursements will happen every Wednesday with the first round of payments depositing into accounts on Wednesday, April 15. Mailed checks are expected to be distributed as early as the week of April 20 in batches with the final batch mailed by mid-June.

Can I check the status of the stimulus check?

You can now check the status of your payment, verify your payment type, and set up direct deposit from the irs.gov Get My Payment tool. 

To verify if you received your funds in your Heartland Credit Union account on or after April 15, you can log into It’s Me 247 Home Banking or on your mobile device to view your accounts. Due to high website volume, our site may be unavailable or be slow to load.

If I am receiving a mailed check, how can I deposit it into my account?

Be Aware of Fraud:

  • Do not give anyone your personal information to sign-up for a stimulus payment.  There is nothing to sign up for!  Anyone calling to ask for your personal information, like your Social Security number, Apple ID, or bank information is a scammer.
  • Be on the lookout for email phishing scams, where scammers pretend to be from the government and ask for your information as part of the sign-up process for the checks.