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Routing Number- 071001449 - OAK TRUST AND SAVINGS BANK, 1000 N RUSH ST, CHICAGO, Illinois, ABA Routing Number, Phone No., Email, Address

Are you looking for 071001449 Routing Number full details, If yes then you have reached at right place because on this page we have extracted complete details of 071001449 Routing Number. which are updated in 2024. 071001449 is Routing Number of OAK TRUST AND SAVINGS BANK in CHICAGO city of Illinois state. See full detail of this routing number and associated bank branch details.

071001449 - Routing Number Details

Routing Number071001449
Bank NameOAK TRUST AND SAVINGS BANK
Street Address1000 N RUSH ST
CityCHICAGO
StateIllinois, IL
Zip Code60611-0000
ACH Services Telephone(312) 440-4044
Date Of Last Revision012110 (MMDDYY)
Branch Phone No. [Show_Phone_No]
Email ID [Show_Email]
Location On Map

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What is Routing Number?

An ABA routing transit number (ABA RTN) is a nine digit numerical code, used in the United States, which appears on the bottom of negotiable instruments such as cheques to identify the financial institution on which it was drawn. The ABA RTN was originally designed to facilitate the sorting, bundling, and shipment of paper cheques back to the drawer's (check writer's) account. As new payment methods were developed (ACH and Wire), the system was expanded to accommodate these payment methods.

The Routing Number is used for domestic transfer. To make money transfer, the Routing Number is used together with the bank account number of the recipient. For international inward money transfer, a SWIFT code must be used together with a Routing Number and Account Number.

The Routing Number is used by Federal Reserve Banks to process Fedwire funds transfers, and by the Automated Clearing House to process direct deposits, bill payments, and other such automated transfers.

The format of Routing Number is as follows:-

XXXXYYYYZ

  • The first four two digits (XXXX) is the Federal Reserve Routing Symbol.
  • The next four digits (YYYY) is American Bankers Association (ABA) Institution Identifier.
  • The last one digit (Z) is the check digit.
X X X X Y Y Y Y Z
Federal Reserve Routing Symbol ABA Institution Identifier Check Digit

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