Update — Information about the Second Coronavirus Stimulus Package and Payments
On Dec. 27, a coronavirus relief and government funding package was signed into law. The package includes a second round of Economic Impact Payments (stimulus checks) for eligible recipients. Payments from the IRS have begun and all payments should be sent by Jan. 15, 2021. These payments will be made either by direct deposit, a mailed check, or an Economic Impact Payment debit card, depending on the recipient’s preferences established when they filed their 2019 taxes.
Nusenda has been receiving the Economic Impact Payments, and is processing as soon as we receive them from the government into member accounts. If you anticipate a stimulus payment, you can check your status on the IRS’s Get My Payment tool.
Want to know when you have received stimulus payment direct deposit? Sign up for Nusenda alerts to be notified when deposits post to your account.
If you receive your check by mail, using Mobile Deposit will be the easiest way to deposit it into your Nusenda account. More information about endorsing the check and deposit options.
Read more details on the IRS website.
If you are looking for information on updated unemployment benefits, please visit the New Mexico Department of Workforce Solutions.
Any small business that received a Paycheck Protection Program (PPP) loan from Nusenda will be eligible to apply with us for a Second Draw PPP Loan. For more details on eligibility and to learn what you will need to apply for a PPP loan for your small business, please visit our Paycheck Protection Program information page. We anticipate additional guidance on these loans from the Small Business Administration (SBA) in mid-January. Until then, we cannot accept applications.
Keep Yourself Safe from Coronavirus Scammers
Scammers are taking advantage of this stimulus payout to steal people’s information. To prevent fraud and to protect sensitive personal and account information, please do not click on a hyperlink from an email, news article, or browser to access these webpages.
For more information, visit IRS.gov.
Nusenda will continue to closely monitor this situation and do all we can to ensure the safety and well-being of our members and employees. Updates will be shared through various channels, our website, our social media channels, and member communications.