Making the Most of Your Economic Impact Payment
As you know, Economic Impact Payments (EIP) have begun arriving. We know that every situation is unique, and so here are a few thoughts to consider as you decide how to use your payments to take care of yourself, your family and your community. We'd love to connect with you on the phone to talk through your options - simply contact your local office.
Take Care of Immediate Needs
If the past few weeks have meant changes in your income, think about using your EIP to fill in some of those gaps and take care of any financial emergencies. Money Manager in Online Banking will show you patterns in your spending and help you identify exactly where your money has been going and any gaps that you need to fill. Explore Money Manager.
Save for Emergencies
Consider tucking away even a portion of your EIP in case there are any emergencies in the near future. If you don't yet have a savings account, you can open one from your laptop or smartphone. If you live in Pennsylvania, the Fund My Future program provides a chance to win monthly prizes deposited back into your account. View Savings Account Options
Support a Small Business
Our small businesses have made sacrifices over the past few weeks. Brainstorm ways you can use a part of your EIP to support your favorite small businesses, like buying pizzas for local healthcare workers or ordering online gift cards to use once your favorite restaurant re-opens.
Consider Making a Gift
If your income has remained stable throughout this unique time, consider making a gift to your favorite non-profit organization providing critical support like access to food. There are unique ways to give right now, including our Be a Part community donation match. Learn more.