What day of the week is federal income tax refunds deposited in your checking account

According to the 2012 IRS Refund Cycle Chart, direct deposits are projected to be made on Wednesdays, but financial institutions may take up to 5 days after that to make the funds available. Generally, if a return is accepted by the IRS on a Wednesday before 11am, it is projected to be direct deposited the following Wednesday. You can check the status of your refund 72 hours after submitting it to the IRS using the Where’s My Refund feature.

Saturday, February 04 2012
Source: http://www.irs.gov/pub/irs-pdf/p2043.pdf