GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
These 9-digit numbers have been a mainstay in the banking industry since 1910.
They were created to speed up transactions and make the banking system more efficient.
Routing numberscan vary based on where you live.
Read on to find out your First Tech routing number.
ACH vs. Wire Transfers
ACH transfers are more seamless and dont result in additional fees.
However, these transactions take multiple business days to go through.
Theyre great for paying bills but arent the best choice for urgent needs.
Wire transfers are much quicker and allow you to send or receive funds on the same business day.
However, wire transfer fees can be as high as $50 at some financial institutions.
First Tech Federal Credit Union charges a $20 fee for outgoing domestic wire transfers.
Each outgoing international wire transfer costs $65.
The financial institution receiving the wire transfer may tack on an additional fee.
If its not urgent, you should stick with a cost-effective ACH transfer.
Where Is a Routing Number on a Check?
Your banks routing number is the 9-digit number that appears at the bottom left of your check.
Yourbank accountnumber is in the middle, followed by the checks number.
you’re free to find this information on any First Tech Federal Credit Union check.
Where Else Can You Find Your Routing Number?
SWIFT Codes
Routing numbers and SWIFT codes both help consumers identify banks.
Youll need one of these numbers for most transactions.
However, routing numbers are strictly for domestic transactions, while SWIFT codes are for international money transfers.
Here is First Techs SWIFT code:
Why Do Some Banks Only Have One Routing Number?
First Tech Federal Credit Union only has one routing number for all of its accounts.
However, financial institutions likeCitiandBank of America, Member FDIC, have multiple routing numbers.
The key distinction is a banks size.
Meanwhile, Citi and Bank of America each have thousands of branches worldwide.
Companies will request your routing number and bank account number when setting up direct deposit.
FAQ
Information is accurate as of Sept. 19, 2024.
Share This Article:
