Federal stimulus plan

Here’s how payments will be distributed:

Direct deposit (based on past tax refunds) – If you received your 2019 tax refund by direct deposit, your economic impact payment will be deposited into the same bank account. While a pending transaction may appear in your account earlier, the funds will arrive at Flagstar and will be available on April 15. If you have not filed for 2019, the account indicated on your 2018 tax filing will be used.

Direct deposit (new IRS web-portal) – If the IRS does not have your direct deposit information from previous tax refunds, you can now provide your routing and account numbers through the new IRS web-portal to set up a direct deposit. Setting up a direct deposit will ensure you get your payment faster than waiting for a check in the mail.

You will need your account number and routing number to set up your direct deposit. Your account number can be found on your checks, deposit slips or within online banking. Flagstar Bank’s ABA/routing number is 272471852. Desert Community Bank's ABA/routing number is 122237706.

Paper check – If you receive a paper check in the mail, Flagstar provides several options for customers to deposit those payments into their account, including:

Convenient mobile deposits through Flagstar Mobile.
Deposit through one of our drive-thru locations. To see which locations offer drive-thru service, visit our branch locator.
Deposit your check at one of our Flagstar ATM locations.

Visit the IRS economic impact payment information center to learn about eligibility and for full details regarding the plan.

Protect your account from stimulus check scams

Since the CARES Act economic stimulus bill passed last month, trillions of dollars have been flowing to American workers and business owners. Criminals around the world are doing everything they can to funnel some of that money into their own accounts. The IRS recently issued a warning about scams related to COVID-19 relief, so we wanted to share some important things to remember to protect your account and your identity.

What you need to know to protect yourself

Neither Flagstar nor the IRS will ask for your account number, username, or password. We have your account information already, and we never ask customers for their username or password.
We will not email, text, or private message you on social media about your check either. Flagstar never asks for account information this way because this type of communication is not secure.
However, there are two reasons we may get in touch with you. Flagstar may contact you if the IRS tries to deposit money into a closed account or if you have a negative balance on your account.
Say no to anyone who offers to pay you to cash their check. This is a common trick to gain access to—and drain—your bank account. Flagstar can open an account for anyone with a stimulus check, and they can have same-day access to their funds. They don’t need to go through you.
There is no processing fee to receive your check faster. The checks are sent by the IRS using the process described above.
Avoid clicking links in emails. If you receive an email that appears to be from Flagstar, tap the From name to make sure @flagstar.com is part of the email address to make sure it is from us. Forward suspicious emails to abuse@flagstar.com.
Protect your computer. Finally, make sure your computer has antivirus software and the latest update for your computer system and web browser software.

Flagstar is here for you.

If you notice any unauthorized activity on your Flagstar accounts, report it immediately by calling Customer Service at (888) 248-6423.