Stimulus checks are arriving through direct deposit for many, and KeyBank is forgiving negative balances of $50 and less, and giving a 30 day temporary credit so that clients may may immediately access their full stimulus payment.
>> Self-employed workers, independent contractors falling through unemployment cracks
Both clients and non-clients can cash their paper stimulus checks without fees at a branch by appointment or drive-thru.
Clients should bring a form of ID while non-clients should bring two.
The Paycheck Protection Program is currently on hold as the $8.5 billion in funds have been exhausted.
KeyBank is hopeful for the expansion of the program.
© 2020 Cox Media Group