Routing Number 011200585

Routing number 011200585 is assigned to Damariscotta Bk&tr Co, a main office located at P. O. Box 999, Damariscotta, Maine 04543. This nine-digit ABA routing transit number identifies Damariscotta Bk&tr Co within the Federal Reserve's Boston district for processing ACH payments, direct deposits, wire transfers, and check clearing.

The first two digits (01) indicate the Federal Reserve Bank of Boston, digits 3-4 (12) identify the processing center, digits 5-8 (0058) are the institution identifier, and the final digit (5) is a checksum that validates the entire number using the ABA's modulus-10 algorithm.

To set up direct deposit with Damariscotta Bk&tr Co, provide your employer with routing number 011200585 along with your account number. Your account number is separate from the routing number and can be found on the bottom of your checks (to the right of the routing number), in Damariscotta Bk&tr Co's mobile app, or in online banking under account details.

You can verify this routing number on the bottom-left corner of any check from Damariscotta Bk&tr Co, in the mobile app, or by calling 207-563-8121. Direct deposits using this routing number are processed through the Automated Clearing House (ACH) network and typically post within 1-2 business days.

Routing number 011200585 is registered for ACH transactions at Damariscotta Bk&tr Co, including direct deposits, bill payments, payroll, and recurring transfers. ACH payments are processed in batches through the Federal Reserve and typically settle in 1-2 business days.

For domestic wire transfers, Damariscotta Bk&tr Co may use a different routing number. Wire transfers are processed individually through the Fedwire system and settle same-day. Always confirm the correct wire routing number with Damariscotta Bk&tr Co before initiating a wire — using an ACH routing number for a wire can cause the transfer to be rejected or delayed.

This main office of Damariscotta Bk&tr Co is located at P. O. Box 999, Damariscotta, ME 04543. Damariscotta Bk&tr Co operates in the Federal Reserve's Boston district, which serves as the regional hub for monetary policy and payment processing in this area.