This is the most current information available at this time. Please check back for updates.
Facts, Fraud and Links You Can Trust
Armco Credit Union recommends that you do not click on ANY links on social media, email, or articles you read online. Never give your personal or banking information to ANYBODY whether it’s in the form of a phone call, text message, email, social media, or direct mail. If you do need to enter your personal or banking information into a trusted site, always verify the website yourself. Do not rely on a link to take you to a website as this could be a spoofed URL.
We would like to take this opportunity to remind members that Armco Credit Union will NOT contact you via phone, text message, email, or social media to ask for personal or banking information. If you are unexpectedly contacted by us, please call our main phone number at 724-284-2020 to verify that it was us contacting you.
Similarly, the IRS does NOT initiate contact with taxpayers by email, text messages, or social media to request personal or financial information. Recognize the telltale signs of a scam. See also: How to know it’s really the IRS calling or knocking on your door.
So, who can you trust for information during this unprecedented time? We have created this web page and will continually update it as new information is released from the US Treasury, IRS, and Commonwealth of Pennsylvania. You can trust the links on this page.
The “Get My Payment” app is now live. Click the button below to be taken to the website.
The US Treasury and IRS created this site to:
- Check your stimulus payment status & confirm payment type
- Enter your bank account information to receive your stimulus payment via direct deposit. This is ONLY for those who filed a 2018 or 2019 tax return but who did not submit direct deposit information to the IRS. See below for your Armco CU account number and routing number Please be careful who you give this information to.
“Get My Payment” news release: https://home.treasury.gov/news/press-releases/sm972
Where is my Stimulus Check?
Q: Everyone I talk to seems to have already gotten their stimulus money, but I’m still waiting for mine to arrive. Where is my stimulus check?
A: More than half of eligible Americans have already received their Economic Impact Payment, but tens of millions more are still waiting. We’ll let you in on when you can expect yours, how to help it come quicker and why you may not even be receiving a stimulus payment.
The schedule for issuing payments
The IRS is trying to get the stimulus payments out to Americans as quickly as possible, but with approximately 150 million checks that need to be issued, it will take some time.
First, the IRS is working on getting the funds to Americans via direct deposit. Most of the payments being issued to people whose account details are known by the IRS have already been distributed and the rest is scheduled to be deposited as the information is obtained.
Next, the IRS will send payments for individuals currently receiving federal benefits, such as Social Security checks, retirement or disability benefits, Railroad Retirement benefits, Supplemental Security Income (SSI) or Veterans Affairs (VA) benefits. The stimulus payments will be issued the same way these individuals receive their regular federal benefits, whether by direct deposit, Direct Express or paper check. The Treasury has promised that all Social Security and Railroad Retirement beneficiaries will receive their benefits by early May. SSI and VA beneficiaries should get their payments by mid-May.
On April 24, the IRS began issuing paper checks to Americans who have not provided their banking details. Low-income Americans are prioritized, and individuals earning an adjusted gross income (AGI) of $10,000 or less should have already received their checks. The IRS will then send out approximately 5 million paper checks each week, scheduling the mailings according to incomes in increasing $10,000 increments. For example, checks for individuals with an AGI that falls between $20,000 and $30,000 were mailed out on May 1. On May 8, the checks for people with incomes between $30,000 and $40,000 will be mailed out. This schedule will continue through Sept. 4.
How can I make my stimulus money get here quicker?
As mentioned, funds being distributed via direct deposit are issued first. The IRS will use your most recently filed taxes to determine where to send your stimulus money and the amount you are eligible to receive. If your most recently filed returns have not yet been processed, or you’ve received your refund by paper check, the government does not have your checking account information, so your payment may be delayed.
You can update this information on the recently updated track your payment portal on the IRS website. You will need your Social Security number, the gross income of your most recent tax returns, your Armco Credit Union’s routing number 243379925 and your checking account information. Once you’ve shared your account information, your stimulus payment should be scheduled for deposit within the week.
If the IRS already has your account information and you still have not received the stimulus money, or you would prefer to receive your payment by paper check, you can track your payment on the same link. The site is updated once a day.
What if my information has changed since I filed my last tax return?
If the checking account used for your most recently filed taxes has since been closed, the payment will bounce back to the IRS, which will then send a paper check to the home address it has on file from your tax returns.
To update a checking account, use the IRS payment portal to enter your current information.
If you’ve moved since filing taxes, you can choose to share your checking account information with the IRS, or to use another method which may include informing the U.S. Postal Service of a change of address.
What if I don’t file taxes?
Why you may not qualify for a check
The CARES Act does not promise payments for every American. Dependents older than 16, individuals who do not have a Social Security number and those with an AGI above $99,000, will not be getting a stimulus payment. The threshold is higher for individuals filing as a head of household, at $136,500, and up to $198,000 for joint filers.
Watch out for stimulus scams
While the IRS urges people to update their information on the payment portal, it’s important to note that they are not reaching out to individuals. If you receive a phone call, social media post, email or text message asking for your banking information, it is likely a scam. There is also no application fee or processing fee for the Economic Impact Payments. If you’re asked to pay one, it’s also a scam. See below for common scams.
Direct Deposit Information
Your direct deposit information for your Armco CU checking and savings accounts are as follows:
- Finding and Choosing the Right Account Number:
- To deposit into a Checking account – your account number is an 11-digit number and is the listed second set of numbers printed on your checks. (Do not confuse this with your “Member number”).
- To deposit into your Savings account – your account number is your Member number + Share ID number. (Your Share ID is a 4-digit number listed on your monthly statement. If you cannot locate the number, please call Account Servicing at 724-284-2020 during regular business hours).
- Finding the Routing Number:
- The Armco CU Routing Number for all members is 243379925
- Do NOT include the check number (101 on the image below).
- CAUTION: Do not give this information to anyone who initiates contact with you. You should ONLY provide your banking information to the US Treasury portal if you want your stimulus money to be direct deposited into your account and would have otherwise received a check. Please review information above.
Payment recipients: Watch for an IRS Letter
For security reasons, the IRS plans to mail a letter about the economic impact payment to the taxpayer’s last known address within 15 days after the payment is paid. The letter will provide information how the payment was made and how to report any failure to receive the payment. If a taxpayer is unsure they’re receiving a legitimate letter, the IRS urges taxpayers to visit IRS.gov first to protect against scam artists.*
FACT: Call Armco CU Account Servicing at 724-284-2020 during regular hours with questions. We are here to help you!
FACT: Follow the IRS on these social media platforms or sign up for their e-newsletter for updates
Scams and fraudulent activity
Trustworthy article links
- Covid-19 Financial Scams – https://www.dobs.pa.gov/Businesses/COVID-19%20Information%20and%20Guidance/Pages/COVID19Scams.aspx
- Remote Learning and Child Privacy – https://www.consumer.ftc.gov/blog/2020/04/hang-tech-support-calls
- Hang up on Tech Support Calls – https://www.consumer.ftc.gov/blog/2020/04/hang-tech-support-calls
- Beware of Zoom-Bombers – https://www.armcocu.com/zoom-bombers/
- Reported Scams – www.armcocu.com/coronavirus-related-scams
- Make Your Donations Count – https://www.consumer.ftc.gov/blog/2020/05/make-your-coronavirus-donations-count
Stimulus Check Scams
Some scammers may start using official-looking fake checks to steal money and confuse people into turning over personal information. Click here for more information from the FTC.
Some examples include:
- The check’s not in the mail – yet. If you get an economic impact payment, stimulus, or relief check when you’re expecting a direct deposit, it’s a scam.
- The IRS will not send you an overpayment and make you send the money back in cash, gift cards, or through a money transfer. If you get an official-looking check for more than what you were expecting – say, for $3,000 – the next call you’re likely to get is from a scammer.
- That’s not the IRS calling, texting, or emailing. Scammers are sending official-looking messages – including postcards with a password to be used online to “access” or “verify” your payment or direct deposit information. The IRS will not contact you to collect your personal information or bank account. It’s a scam.
- The IRS will not request that you repay the money before the check clears. The IRS warns of a new scam involving victims who receive a refund they weren’t expecting and are then contacted by a scammer posing as an IRS official who requests that the victim repay the money before the check or deposit clears. If you receive an unexpected IRS refund by either check or direct deposit, contact the IRS before cashing the check or using the deposited funds. You should also contact your bank if you have already deposited the funds.
How to Recognize a Scam
This article provided by the Commonwealth of Pennsylvania https://www.media.pa.gov/Pages/Revenue-Details.aspx?newsid=310
According to the IRS, some of the electronic messages associated with phishing scams say, “In order to receive your stimulus check via direct deposit, you will need to confirm your banking information.” These messages are targeting not only individual citizens, but also tax professionals.
The IRS warns that scammers may:
- Emphasize the words “Stimulus Check” or “Stimulus Payment.” The official term is economic impact payment.
- Ask the taxpayer to sign over their economic impact payment check to them.
- Ask by phone, email, text or social media for verification of personal and/or banking information saying that the information is needed to receive or speed up their economic impact payment.
- Suggest that they can get a tax refund or economic impact payment faster by working on the taxpayer’s behalf. This scam could be conducted by social media or even in person.
- Mail the taxpayer a bogus check, perhaps in an odd amount, then tell the taxpayer to call a number or verify information online in order to cash it.
Tips to Avoid Scams
- Look for imposters: Many times, criminals will pose as a government entity or an official business. If you are targeted by a scam artist through the mail, phone or email, do not provide personal information or money until you are sure you are speaking to a legitimate representative.
- Approach unusual attachments and links with caution: Links to a website or attachments to an email could be infected with malware that download malicious software. Spyware can track the recipient’s keystrokes to obtain passwords, Social Security numbers, credit card numbers or other sensitive information.
- Conduct research online: Using information included in a potentially fraudulent notice or communication, such as email address domain name, company name, address or telephone number, conduct a search online to see if a scam has been reported by other people or government agencies.
Steps to Follow if You Are a Victim of a Scam
The Department of Revenue reminds taxpayers that it has a Fraud Detection and Analysis Unit dedicated to assisting victims of identity theft and combating tax refund fraud.
If you are a victim of identity theft or discover a fraudulent Pennsylvania personal income tax return was filed using your identity, please contact the Fraud Detection and Analysis Unit by emailing RA-RVPITFRAUD@pa.gov.
Find more information on COVID-19-related financial scams. Anyone can contact the Department of Banking and Securities at 1-800-PA-BANKS or 1-800-600-0007 to ask questions or file complaints about financial transactions, companies, or products. If you believe you have fallen victim to a scam, contact local law enforcement through a non-emergency number.
Consumer Alert: Check Your Credit More Often Through COVID-19 Emergency
Pennsylvania Consumers can check their TransUnion, Equifax, and Experian free credit reports on a weekly basis to users until April 2021. Normally, each report can only be accessed for free once per year.
After visiting AnnualCreditReport.com and entering the prompted information, Pennsylvanians should take these steps to ensure the accuracy of their report:
Verify all business names and payment dates are correct in the report’s transaction history;
Verify all addresses, additional lines of credit, and accounts are correct;
Dispute any unfamiliar or incorrect information—the Office of Attorney General sent a letter to credit reporting agencies reminding them of their obligation to resolve these disputes quickly for Pennsylvania consumers.
Consumers can sign up for text scam alerts, which offer tips for consumers to avoid becoming a victim of a scam, warn about new scams, or update subscribers on consumer protection issues.
Pennsylvanians can sign up for these tips from the AG’s Office here.