Posts Categorized: Member Notification

A Stimulus Check Registering Tool Now Active

Treasury, IRS launches new tool to help non-filers register for Economic Impact Payments To help millions of people, the Treasury Department and the Internal Revenue Service today launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return. The non-filer tool, provides a free and easy option… Read Full Article »

Stimulus Check Deposit Update

On Saturday afternoon, the IRS said via Twitter that it had “deposited the first Economic Impact Payments into taxpayers’ bank accounts.” In actuality, the IRS had transmitted, via the U.S. Treasury, credits to the Federal Reserve for this first round of Economic Impact Payments. All of the payments in this first round will have the… Read Full Article »

Tax Filling and Payment Deadline Extended

Tax Filing and Payment Deadline Extended to July 15, 2020 The Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns has been extended from April 15 to July 15, 2020. The IRS urges… Read Full Article »

Inspector General’s Warning about Social Security Scam

Inspector General Warns Public About New Social Security Benefit Suspension Scam The Inspector General reports seeing a rise in Social Security Suspension fraud schemes and is giving consumers advice on how to protect themselves from scammers who are leveraging the COVID-19 pandemic to steal money, personal, information, or both. Inspector General Warns Public About New… Read Full Article »

Having COVID-19 Hardships…Talk With Us

COVID-19 is having a unprecedented impact on daily lives, not only from a health standpoint, but a financial one as well. We know there are a lot of uncertainties right now, but the EEFCU is committed to our members and assisting them where we can. If you are a current EEFCU member, and your income… Read Full Article »

Fraud schemes on the rise related to Coronavirus scare

Federal Bureau of Investigation Reports Rise in Fraud Schemes Related to the Coronavirus Pandemic The Federal Bureau of Investigation (FBI) reports seeing a rise in fraud schemes related to the coronavirus (COVID-19) pandemic and is giving consumers advice on how to protect themselves from scammers who are leveraging the COVID-19 pandemic to steal money, personal,… Read Full Article »

Question: Should I take out extra cash?

Should I take out extra cash right now? Some people say you should withdraw cash to protect yourself during the COVID-19 outbreak. Here are four reasons withdrawing extra cash may actually be the worst possible move right now: 1. Cash is vulnerable – Credit union accounts are federally insured to $250,000, making them a gazillion… Read Full Article »