If you entered the incorrect bank name, but entered the correct routing and account number you should be
fine. Once your return has been accepted (or mailed), it's too late to change your bank account for
direct deposit.
If rejected, you can update your account and any
issues that caused the rejection. Open your return in TurboTax and go through
the File section again to
update your bank account before resubmitting your return.
If the information you provided
is for a closed or invalid account, the government will issue you a refund
check via mail.