|
latest news and information from First South Financial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
What You Need to Know - CARES Act Economic Relief Payments
|
|
The Coronavirus Aid, Relief and Economic Security Act, commonly referred to as the CARES Act, provides economic relief payments to taxpayers who filed a return in 2018 or 2019. The payment could be up to $1,200 for individuals or $2,400 for married couples. Parents could also receive $500 for each qualifying child. Eligible retirees and recipients of Social Security and other benefits who to not make enough money to file a tax return will also receive a payment. The IRS has developed a page that explains all the details of taxpayer eligibility.
If you did not file a tax return in 2018 or 2019 and don't receive benefits via direct deposit, the IRS has developed a form you can complete online to enter your account information so you can get your payment via direct deposit.
How you'll receive the payment
If you qualify and filed a 2019 or 2018 tax return, your payment will be automatically deposited directly into the same banking account used for tax filing purposes. If you have not yet filed your 2019 tax return, the account used for your 2018 tax filing will be used. Note that payments are being distributed in waves. The fact that someone has received their payment and you have not is no cause for concern.
If you received your 2019 or 2018 tax refund via a check in the mail, the IRS will mail the stimulus check to the physical address they have on file.
Use First South Financial's mobile deposit to deposit your stimulus check
Once you receive your check you can use the mobile deposit feature in our mobile banking app to easily and securely deposit your check. In most cases, deposited funds are available right away*. If you don't already have the mobile app, you can download it from your device's app store. If you need help getting set up for mobile banking and mobile deposit, give us a call at 901-380-7400 and we'll be happy to assist you.
For complete details on all the ways the IRS is offering assistance to tax payers, businesses and others, please visit their Coronavirus Tax Relief page.
First South Financial stands ready to assist our members who have been negatively impacted by the pandemic. Please visit our member assistance program page to find out how we can help. We've also developed our own COVID-19 response page to help keep you up to date with any changes we make to our operations in response to this ever evolving situation.
If you have any questions or need any additional information, please contact us at 901-380-7400 or at mail@firstsouth.com and we'll be happy to see how we can help.
|
|
*Some restrictions and account situations may affect the availability of funds deposited via mobile deposit. Please see us for complete details. Federally insured by NCUA.
|
|
|
|
|
|
Follow us on FacebookStay up to date on what we're doing to deal with COVID-19, get helpful financial tips and information, and see our latest offerings. Visit our Facebook page today.
|
|
|
|
|
|
Exceptional Service. Professional Advice.The financial advisers located at First South Financial offers personalized retirement, insurance and investment strategies designed to help you and your family realize a lifetime of financial security.Call Christy Heckler at 901-380-7280 or Rob Ethridge at 901-380-7441
for a no-cost, no-obligation appointment.
|
|
First South Investment Services Advisors are registered representatives of CUNA Brokerage Services, Inc. Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract withthe financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc. is a registered broker/dealer in all fifty States of the United States of America.
FR-2945896.1-0220-0322
|
|
|
|
OVERDRAFT PRIVILEGE
WHAT YOU NEED TO KNOW
|
|
|
|
|
|
|
|
Phishing. Email Scams. Phone Scams. Identity Theft.
|
|
If you have questions, we have a resources page on our web site that will help you get the answers you need to keep you safe when you're online.
This page has information from reliable sources on a variety of topics, plus links on resources that can help you avoid becoming a victim of online fraud. It's just one more way we're here to help you.
|
|
|
|
|
|
|
The information contained in this email (the “Content”) is provided for informational and educational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The Content is not intended to be and does not constitute financial, investment, tax or accounting advice or a solicitation to buy or sell securities. The Content is necessarily general in nature and is not specific to you or anyone else. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX OR ACCOUNTING ADVISORS BEFORE IMPLEMENTING ANY ADVICE INCLUDED IN THE CONTENT. By viewing or utilizing the Content, you agree that you will not hold Marquis Software Solutions, Inc., First South Financial or their affiliates or agents responsible for loss or damages resulting from the Content.
|
|
|
|
|
|
