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What if a COVID-19 stimulus payment is sent to an Old National account that is closed or overdrawn?

Closed Accounts
If the IRS sends your Economic Impact Payment via direct deposit to an Old National account you have closed, we unfortunately do not have access to those funds. The IRS advises people that if they don't receive their Economic Impact Payment, they should file their 2020 tax return electronically and claim the Recovery Rebate Credit on their tax return to get their payment and any refund as quickly as possible.

Overdrawn Accounts
If the IRS direct deposits your stimulus payment into an Old National account that is currently overdrawn, and you want to use these funds to bring your account back to a positive balance, there’s nothing you need to do.

If having these funds go toward your negative balance will create a hardship for you, please contact us at 1-800-731-2265, Option 6.