Woodforest has processed all the automatic stimulus payments received from the IRS and U.S. Treasury department to date and customers who received automatic payments had access to those funds on January 1, 2021.
If we were unable to deposit the stimulus payment (due to incorrect posting information on the IRS payment), we returned the funds to the U.S. Treasury. The U.S Treasury may redirect the returned payment to you via check to the address they have on file, or you may need to request the stimulus payment as part of your 2020 federal income tax filing. We encourage you to review the IRS Second Economic Payment FAQ and consult with your tax preparer for more information.
Additional Resources: You can check on the status and method of your stimulus payment using the IRS's Get My Payment tool. Visit the IRS website for more information about qualifications, amounts, and receiving payments. Woodforest National Bank Routing Number information is available here.
Direct Deposit Payments:
- Woodforest will send an email notice when a stimulus payment from the IRS appears in your account.
- Monitor your account for the incoming payment using our Mobile Banking App or Online Banking system. The description of the deposit in your account will include the word "IRS."
- Set up a direct deposit account alert in Online Banking to tell you when direct deposits post to your account.
Paper Check Payments:
- Deposit your check using our Mobile Banking App.
- Visit one of our locations to deposit or cash your check.
Accessing Funds:
- Use your debit card to make purchases or withdraw cash from one of our ATMs.
- From our Mobile Banking App, you can check your balance, transfer/send money and pay bills.
- Non-customers may cash checks at our branch locations for a small fee (1% or $5 of the check amount, whichever is greater) or can open a new account.
- Expect a longer wait time at our branch locations due to physical distancing and other safety measures in place to protect our clients and associates.
