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Last Updated: September 25, 2020

FDIC and IRS Host a Nationwide Webinar to Discuss Economic Impact Payments and Promote Access to Affordable Bank Accounts

The Federal Deposit Insurance Corporation (FDIC) and the Internal Revenue Service (IRS) presented an information session to encourage intermediary organizations to assist individuals that still have not received their Economic Impact Payments (EIP) authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) before October 15, 2020. IRS speakers shared information about the EIP process. The FDIC highlighted opportunities to expand the availability and usage of low-cost transaction accounts tailored to meet the needs of unbanked individuals to get their EIP securely. See links to various resources further below.

Presenters:

  • Karen Brehmer, Stakeholder Liaison, IRS
  • Jody Stamback, Senior Stakeholder Liaison, IRS
  • Elizabeth Ortiz, Deputy Director, FDIC
  • Mary Duron, Community Affairs Specialist, FDIC
  • Jeffrey Manning, Community Affairs Specialist, FDIC

When:

Wednesday, September 23, 2020 from 2:00 PM to 3:00 PM EDT

Where:

Webinar, registration information below.

Who should attend:

Financial Institutions, AEI members, CDFIs, Non-Profit Organizations, Community-Based Organizations, State and Local Government, and other stakeholders throughout the U.S. interested in supporting LMI individuals and families experiencing economic challenges as a result of the pandemic.

Registration Information:

To register online, click Register and fill out the needed information. You will receive a confirmation email once completed.

Register

Contact Information:

If you have any questions about the event, please email Amanda Thomas-Wilson at athomas-wilson@fdic.gov.

Resources: