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Contributor
This is plain sick the bank has told me my check is in the next wave all week and it is not here still. I believe they have our money and they are not releasing it to us cause they can get away with it. I have read there are banks that are pulling the wool over the eyes of there customers and getting away with it. I guess this is another one. I am looking for another bank and will be let authorities and IRS to look into USAA.

3 REPLIES

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@Dragon Wizard, The stimulus payments from the CARES Act will begin appearing in bank accounts Apr. 14. The money that is to be delivered electronically will be distributed in two waves.

 

Wave one will cover people who filed a 2019 federal tax return and either received a return or made a payment via ACH transaction.

 

Wave two will cover people who filed a 2018 federal tax return and either received a return or made a payment via ACH transaction. Looks like that wave starts today 4/17/19

 

Sorry to hear your frustration, I am also forwarding this to a Bank specialist now for review. ~Tom

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USAA,

I suggest if you would explain to members here what your policy is our patience would be given.

The stimulus funds have been in your hands since at least April 15th.

Transfering electronic digits should be a quick prodecure.

The delay in dispursement is confusing.

CV-19 stimulus monies should be quickly directed to those who it was intended.

Why this is not so would be enlightening.

Thank you

 

 

 

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Have you checked the IRS website under Get My Payment to see that it was even processed?  Also, it is the all banks best interest to process those IRS deposit files asap as it significantly raises their deposit reserves.