What Routing Number Is 041215663?
Gain clarity on routing numbers. Understand their essential role in secure bank transactions and how to identify this key financial data.
A routing number serves as a unique identifier for financial institutions, guiding financial transactions to the correct bank or credit union. These nine-digit codes are fundamental to the operation of the modern banking system, ensuring money moves accurately and efficiently. They function like an electronic address, helping to direct funds to their intended destination.
Identifying Routing Number 041215663
The routing number 041215663 is assigned to Sutton Bank, located in Attica, Ohio. While this routing number supports Automated Clearing House (ACH) transfers, it does not process Fedwire payments directly. Each routing number acts as a distinct identifier, ensuring electronic transfers reach the correct financial entity and preventing misdirection of funds.
Understanding Routing Numbers
A routing number is a nine-digit numerical code that serves as an identification marker for a specific financial institution in the United States. Each bank or credit union typically has at least one routing number, though larger institutions may use multiple numbers depending on location or transaction type. A routing number is distinct from an account number; the routing number identifies the bank, while the account number specifies an individual’s unique account within that bank. This combination ensures that funds are directed to the correct institution and then to the precise account.
Finding Your Routing Number
The most common place to find your routing number is on a physical check, appearing as the first nine digits on the bottom left corner. For those without physical checks, online banking platforms or mobile applications usually display this information within the account details. Additionally, some banks include the routing number on monthly paper or electronic bank statements. If these options are not available, contacting your bank’s customer service or visiting a local branch can also provide the necessary routing number.
Common Uses of Routing Numbers
Routing numbers are fundamental for a wide array of financial transactions in daily life, especially those involving electronic movement of funds. They are used for setting up direct deposit for payroll, government benefits, or tax refunds, ensuring that earnings arrive directly into an account. They are also necessary for establishing automated bill payments, which allow companies to debit funds from an account on a recurring basis. Electronic funds transfers (EFTs) and Automated Clearing House (ACH) payments rely on routing numbers to facilitate transfers between different banks, including moving money between your own accounts or sending funds to others. Domestic wire transfers, used for quicker or larger sums of money, also require the correct routing number to ensure the funds reach the intended recipient’s bank.