Fedwire Routing Number # 242272861

MONROE FEDERAL SAVINGS & LOAN ASSN

Details of Fedwire Routing Number # 242272861 assigned to MONROE FEDERAL SAVINGS & LOAN ASSN

Fedwire Routing Number242272861
BankMONROE FEDERAL SAVINGS & LOAN ASSN
Telegraphic name MONROE TIPP CITY
StateOH
CityTIPP CITY
Funds transfer statusEligible
Funds settlement-only statusSettlement Only
Book-Entry Securities transfer statusIneligible
Date of last revision20 June, 2012

MONROE FEDERAL SAVINGS & LOAN ASSN

TIPP CITY-OH
List of MONROE FEDERAL SAVINGS & LOAN ASSN routing numbers in TIPP CITY ( OH )
242272861      

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What is FedACH?

FedACH is the Federal Reserve Banks' Automated Clearing House for financial institutions. The FedACH offers financial institutions, corporations, and consumers an efficient alternative payment method to writing, collecting, and processing paper checks.

What is the Routing number?

A routing number is a nine-digit numeric code printed on the bottom of checks that is used to facilitate the electronic routing of funds (ACH transfer) from one bank account to another. It's also referred to as RTN, routing transit number or bank routing number.
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What are the Fedwire Funds Service and the Fedwire Securities Service?

The Fedwire Funds Service is the real-time gross settlement electronic payments service owned and operated by the Federal Reserve Banks. The Fedwire Securities Service is a real-time gross settlement book-entry securities service owned and operated by the Federal Reserve Banks that allows for the immediate, simultaneous delivery of securities against payment. Fedwire participants are primarily depository institutions acting on behalf of themselves and their customers.