FedACH, is the Federal Reserves Automated Clearing House electronic payments system. The Fed ACH system was designed as an affordable alternative to paper based payments like checks. Each Routing number in the system defines an end address as to where the funds will be delivered. Banks can and do apply for one or many routing numbers to facilitate their needs.
They might use one routing number for internal transfer of funds between branches and another to deliver funds to their processor(s). Still other routing numbers might be used for their customers/clients. If you are unsure as to which routing number to use please use the phone number provided to call your banking institution to make sure you're using the correct one.
The routing numbers shown are downloaded from the http://www.fededirectory.frb.org/download.cfm website on a daily (best effort) basis. The data above was uploaded from the Federal Reserve on 05/20/2012. |
