Make the most of your Child Tax Credit with a checking account from Academy Bank.
Important changes to the Child Tax Credit will result in eligible families receiving advance payments starting as early as July. The American Rescue Plan Act (ARPA) of 2021 expands the Child Tax Credit (CTC) for the tax year 2021 to include increased credit amounts.
Open an Academy Bank Simple Checking3 account to receive your CTC payments faster through direct deposit. Simple Checking3 is a basic checking account designed to meet our everyday checking needs. Take advantage of features such as online banking and free mobile check deposit2, set up account alerts1 and access to over 70 Academy Bank locations. Open your checking account today.