The Dime Bank's goal is to always bring you the best in banking! Our branches are open and we are ready to serve you.
- Our drive up lanes.
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- Our telephone banking service at 1-866-342-5693.
- Our telephone Customer Service Center, at 1-888-469-3463, option 7, available for extended hours:
- Monday - Friday, 8:00 a.m. - 11:00 p.m.
- Saturday - Sunday - Holidays (except Thanksgiving and Christmas) 9:00 a.m. - 5:00 p.m.
- Monday - Friday, 8:00 a.m. - 11:00 p.m.
The Internal Revenue Service (IRS) began processing ACH files of direct deposit payments for the third round of Economic Impact Payments (EIP) as following:
The IRS continues to issue refunds to taxpayers who overpaid their taxes on unemployment compensation received last year. The American Rescue Plan Act of 2021, which became law in March, excluded up to $10,200 in 2020 unemployment compensation from taxable income calculations. The exclusion applied to individuals and married couples whose modified adjusted gross income was less than $150,000. Refunds by direct deposit will begin July 14 and refunds by paper check will begin Jul 16. The IRS previously issued refunds related to unemployment compensation exclusion in May and June, and it will continue to issue refunds throughout the summer. Most taxpayers need not take any action and there is no need to call the IRS. However, if, as a result of the excluded unemployment compensation, taxpayers are now eligible for deductions or credits not claimed on the original return, they should file a Form 1040-X, Amended U.S. Individual Income Tax Return.
- On 7/15/21, the IRS began distributing $15 billion in Child Tax Credit Payments. The payments of up to $300 per month for each child will continue through the rest of the year.
- On 6/1/21, the IRS said it disbursed more than $2.3 million additional EIP over the past two weeks. The latest disbursements bring the total number of payments since March to more than $169 million.
- The IRS said it is disbursing another 1.1 million Economic Impact Payments under the American Rescue Plan. The latest batch - which has a total value of more than $2 billion -began processing April 30th with an official payment date of May 5th. The new batch brings the current round of EIPs to approximately 164 million payments worth roughly $386 billion. The IRS said it will continue making EIPs on a weekly basis.
- On 4/14/21, the Internal Revenue Service said that it has issued another 2 million economic impact payments with a value of more than $3.4 billion in a fifth batch of payments. Many of these payments went to Veterans Affairs beneficiaries and others for whom the IRS previously did not have the information needed to issue payments but recently filed a tax return. The IRS has now sent approximately 159 million payments, with a total value of about $376 billion, since payments began on March 12. In the most recent round of payments, the IRS sent 1.2 million direct deposit payments, with a value of just under $2 billion, and about 800,000 paper check payments, with a value of more than $1.4 billion.
- The IRS and Treasury Department announced on April 8, 2021 that they are disbursing more than 25 million payments in the fourth batch of EIPs under the American Rescue Plan. This latest batch, which has a total value of more than $36 billion, began processing April 2nd with an official payment date of April 7th. The new batch brings the current round of EIPs to roughly $372 billion. Some 85 percent have been made via direct deposit, up from 74% in the first round of payments and 77% in the second round. Another 3.1 million Direct Express cardholders have received payment electronically.
- The third batch of EIPs began processing March 26th with an official payment date of March 31st. It contained more than 2 million direct deposit payments and approximately 2 million paper check payments. This batch included the first of ongoing supplemental payments to recipients eligible for a new or larger payment and to recipients for whom the IRS recently received information to issue a payment.
- The second batch of EIPs were issued with a payment date of Wednesday, March 24th. Many of these payments arrived via paper check or prepaid credit cards.
- The first batch of EIPs were issued with a payment date of Wednesday, March 17th. Checks and prepaid cards began to be processed on Friday, March 19th. These were expected to look the same as the previous round of EIPs issued.
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