March 11, 2021 Economic Impact Payment Update:
The following information is specific to taxpayers who elected to have their 2019 or 2020 Federal tax refund processed by Republic Bank’s Tax Refund Solutions program during the filing process:
The Federal Government is expected to begin issuing another round of Economic Impact Payments (EIP) directly to many taxpayers very soon. We understand how important it is for you to receive these funds as soon as possible.
The IRS intends to deliver these payments directly to taxpayers preferably by direct deposit or if necessary, by mail. Over the past several weeks Republic Bank has continued to work closely with the IRS including extensive testing to ensure these payments will be received directly by our taxpayer customers from the IRS as quickly as possible, without additional processing from Republic Bank.
The best source of information on the status of your Economic Impact Payment is the Get My Payment tool at www.irs.gov/eip. To stay apprised of new details and timing of payments, please continue to check here for updates.
Thank you for choosing Republic Bank. We hope you and your loved ones are continuing to stay healthy during this challenging time.