Stimulus Payments
2nd Round of GSS Payments (California) Hitting Accounts 8/27/21
For more information, please reference: Message from the Leagues dated 08/27/21 - Important State & Federal COVID-19 Updates
California Payments Part of SB 139
For more information, please reference: Message from the Leagues dated 08/12/21 - Golden State Stimulus II Payments Coming Soon
'Golden State Grant' Checks Being Processed
For more information, please reference: Message from the Leagues dated 05/26/21 - ‘Golden State Grant’ Payments Being Processed
'Golden State Stimulus Payments' (GSSP)
For more information, please reference: Desk of Diana dated 03/30/21 - Deeper Analysis on CA Stimulus Payments
For CU Members with Inactive Deposit Accounts
For more information, please reference: Message from the League dated 03/11/21 - Stimulus Payments: Inactive Accounts and Garnishment
Stimulus Payments and Garnishment
For more information, please reference: Message from the League dated 03/11/21 - Stimulus Payments: Inactive Accounts and Garnishment
Second round of economic impact payments (EIPs) not subject to administrative offset for past-due federal or state debts and are protected from bank garnishment or levy by private creditors or debt collectors.
For more information, please reference: Message from the League dated 01/06/21 - CUs’ Vaccine Prioritization, PPP, and Stimulus Payments
Verify U.S. Treasury stimulus checks
Credit unions can use the Treasury Check Information (TCIS) Check Verification site. In addition, the website contains information on U.S. Treasury Check Security Features. The Secret Service and Treasury have also issued a document that highlights Treasury check security features.
Cashing stimulus checks for non-member consumers
There is nothing in the CARES Act that requires credit unions to cash CARES Act stimulus checks for non-member consumers. However, both federal (§701.30) and California state licensed credit unions (14800.1) may cash checks for non-member consumers that are in the credit union’s field of membership.