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ABA: The American Bankers Association

In December 2020, Congress passed a $900 billion economic relief package to provide assistance to American consumers and businesses struggling as a result of the coronavirus pandemic. A provision of the law includes a second round of government payments to eligible recipients who meet specific criteria. As it did with the first round of relief, the government will rely on our modern banking system to deliver the payments quickly, efficiently and safely.

Economic Impact Payments – Backgrounder for Banks

The Treasury's EIP program will send millions of relief payments in a short amount of time. Understand the program's benefits and timing, and prepare your bank with ABA's latest backgrounder.

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Related Training & Events

Economic Impact Payment Round Three FAQ for Consumers

What is the easiest way to get your government payment? We've got answers.

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Banks Offering Online Account Opening

Access a partial list of banks that can open an account entirely online, with no need for a customer to visit a branch.

Policy Analysis & Advocacy Efforts

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Our Experts

Steve Kenneally

Steve K. Kenneally

SVP, Payments

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Nessa Feddis

Nessa E. Feddis

SVP & Senior Counsel, Consumer Regulations and Compliance Solutions

Compliance

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Sarah Grano

(202) 663-5470

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Bank Operations Network

The Bank Operations Network is a professional forum for ABA members to discuss operational challenges stemming from the current COVID-19 crisis.