Skip to Main Content
Skip to Main Content

Click or Press Enter to Open Menu

Important Update: Economic Impact Payments

Updated May 28, 2020

If you received a pre-paid debit card from the US Treasury Department for your Economic Impact Payment (EIP), you can access these funds as follows:

  • You should activate your EIP pre-paid debit card and create a PIN. Information on how to do this was included with the card.
  • To find surcharge-free in-network ATMs, visit

In response to the economic impact of the coronavirus pandemic, the federal government recently enacted the CARES Act, which includes a one-time Economic Impact Payment to eligible taxpayers.

For most taxpayers, this payment is automatic and no further action is needed.

To help you understand this process, we’ve compiled an overview of some frequently asked questions as well as information available on regarding eligibility, payment amounts, tracking your payment and more.

Visit the IRS Economic Impact Center for answers and information about:


Here are some additional FAQs to help you navigate through this process.

  1. The IRS began issuing payments on April 11. Visit for updates.

  2. The Treasury plans to issue these payments electronically whenever possible. They estimate that 85% of payments (or 128 million payments) will be ACH/direct deposit payments. If the IRS does not have your direct deposit information and has not sent a payment already, you may use the ‘Get My Payment’ application to provide the IRS with your bank account information. If you receive a debit card and have any questions regarding how to use the card please go to for more information. Visit to get updated information regarding receiving your payment.

  3. You can easily verify your deposit using Lakeland Bank’s Online or Mobile Banking. Additionally, 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 on 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 first to protect against scam artists.

    To enroll in Online Banking or download our Mobile App, follow the steps below.

    Login to Online BankingEnroll in Online Banking

    Available in the Google Play.Available in the App Store.

  4. If you receive a physical check, we encourage you to use Lakeland Bank’s mobile deposit feature through our Mobile Banking App. You can safely deposit checks using our mobile app from the comfort of your home. Click here to learn more!

    Please note, we do not cash checks for non-customers.

  5. The IRS will post all key information on as soon as it becomes available.