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COVID-19: Protect Yourself. Stay Informed.

Updated May 19, 2020

Municipal Credit Union is here to support you while navigating the COVID-19 pandemic. We’ve pulled together resources to help you understand how to get your economic impact payment quickly, protect yourself from COVID-19 related scams and more.

Stay Informed

IRS Economic Impact (Stimulus) Payments
The IRS has begun sending out the Economic Impact Payments (also known as Stimulus Payments).

To determine who is eligible to receive the payments, the IRS will use the information you supplied in your 2019 tax return if you filed it, or your 2018 return if you haven’t.

In addition, the Treasury Department and the Internal Revenue Service have launched a new web tool where you can register for Economic Impact Payment if you don’t normally file a tax return.

To Access Your Economic Impact (Stimulus) Payment:

  1. 1. Determine your payment amount. Find out how much money you may qualify for by visiting irs.gov/coronavirus.

  2. 2. Be safe. Review information on how to avoid fraud and scams. Check out the Protect Yourself From Scams section below to learn more about avoiding COVID-19 related scams.

  3. 3. Get paid. Take steps to ensure you receive the money direct to your bank account instead of paper check. Paper checks will take much longer than direct deposit. The IRS will be developing a portal where consumers can check the status of their refund and provide their direct deposit information. Check irs.gov/coronavirus for timing.

Still have questions? View our FAQs.

You can also learn more about the stimulus program at the IRS.gov website:

Economic Impact Payments Information
Economic Impact Payments – What You Need to Know

Protect Yourself From Scams
Unfortunately, a situation like the pandemic we are living through brings out the worst in some people. There are a number of scams circulating and it’s important that you educate yourself about illegal efforts to obtain your personal information. Fraudsters use various methods to obtain your personal and banking information in an effort to take over your account and conduct unauthorized and fraudulent transactions that begin with Social Engineering, Email Phishing and Spoofed telephone calls.

As a reminder, Municipal Credit Union will never contact our members by email, telephone, text or fax to ask you to update or verify your account information including your online/mobile banking username and password, account number, PIN and social security number or the PIN Code we sent you to validate your device and identity.

Some specific warning signs to help you identify a fraudulent Phishing email are:

  • • The email doesn't address you by your proper name.
  • • The email asks you to update or verify your account information.
  • • The email contains typos and grammatical mistakes.
  • • The link in the "From" address isn't associated with the company or organization that supposedly sent the email message.
  • • When you move your cursor over the website address in any links included in the email, it doesn't look like the normal website address for your credit union or financial institution.

Another type of fraud to watch out for is spoofed telephone calls from someone pretending to be a bank or credit union employee. Fraudsters use a tool commonly referred to as “spoofing”, which can be used to send an email, text message and telephone call giving the appearance that a bank or credit union has contacted you or is attempting to contact you with the intent that you will answer the email, text or phone call. Once answered, an impostor posing as a bank or credit union employee begins a conversation about recent transactions that appear suspicious on your account. Once you validate the transactions are unauthorized, the impostor will start to request your online/mobile banking username and password. During the email, text or phone call conversation, you may receive a text message from the bank or credit union providing a PIN code to validate a request. The impostor will request that code in order to complete a fraudulent transaction on your account.

Here are some resources to give you more information about the scams that are out there and how you can protect your personal information:

Centers for Disease Control and Prevention (CDC): COVID-19 Related Phone Scams and Phishing Attacks
Federal Trade Commission: What the FTC is Doing
Federal Bureau of Investigation (FBI): FBI Sees Rise in Scams Related to Coronavirus Pandemic
Federal Communications Commission: COVID-19 Consumer Warnings and Safety Tips
Internal Revenue Service (IRS): Do Not Fall Victim to a COVID-19 Scam

Paycheck Protection Program – Small Business Administration
Municipal Credit Union does not provide small business lending. Below are links to help you find out more information about the Paycheck Protection Program and to help you find a lender who is participating in the program:

Small Business Administration Paycheck Protection Program
Find Eligible Lenders

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Routing Number: 226078036

NMLS #:184286

  • ncua Federally insured by NCUA. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.