Skip to main content Go to Mobile Online Banking Go to Online Banking for Desktop Browsers


If you have not yet received your new Ripco Debit Card, please visit your nearest Ripco branch at your earliest opportunity. 



Third-Round Stimulus Payments

What you need to know

Most of you are aware that President Biden signed the Economic Relief Package into law. What does that mean for you? Many will be eligible for a third-round stimulus payment.

The bill calls for $1,400 payments per individual, or $2,800 for married couples, provided they fall under certain income thresholds, which are outlined below. As for children, there will also be up to an additional $1,400 for each dependent in the household.

Am I eligible?

To be eligible for the full $1400, individuals must have an adjusted gross income below $75,000. Married couples filing jointly must have an adjusted gross income under $150,000 to receive the full $2800. Unlike the previous two stimulus payment rounds, dependents over age 16 would be eligible for aid. That means those who claim a dependent on their taxes who is older than 16 would receive a check for $1,400 per dependent.

When will my payment arrive?

Many are wondering when they will receive their stimulus payment. While there isn’t a simple answer, we are processing the payments the government has sent thus far, as quickly as we receive them. Please check the status of your payment by visiting the IRS website at Unfortunately, we are not provided with the information regarding when your payment will arrive, so are unable to answer many of your questions.

The payments are based on either 2019 or 2020 returns and income depending on when you file. The first people to receive the checks are likely those who gave direct deposit information when they filed their taxes. Unfortunately, not all taxpayers have direct deposit information on file with the IRS. While we do not have an estimated arrival time for paper checks or pre-paid debit card, we do know that it will be a minimum of a few weeks to receive those funds, possibly longer. 

If you expect your payment to come as an ACH transaction, we are suggesting you set up an alert for yourself so you are notified immediately of your ACH deposit.

Setting up an alert

Here’s how to set up ACH Transaction Alerts:

  1. Log into online banking on a desktop or mobile browser
  2. Navigate to the Info Center tab
  3. Select eAlert subscriptions and ACH Transactions
  4. Adjust the settings to your preference and select where to receive your eAlert
  5. Verify your email, and click Add.

NOTE: You must be signed up for text banking to receive eAlerts on mobile devices.

Be extra cautious

As a reminder, the IRS will NOT initiate a call to you regarding your payment. DO NOT give your personal information to anyone calling from the IRS or related organizations.

Again, please visit regarding any other questions you may have about your third-round stimulus payment. 

We hope this information has been helpful.

Some content requires Adobe Acrobat Reader to view.