Routing Number 011202923

Routing number 011202923 is assigned to Damariscotta Bank & Trust Company, a branch located at P.o. Box 999, Damariscotta, Maine 04543. This nine-digit ABA routing transit number identifies Damariscotta Bank & Trust Company 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 (0292) are the institution identifier, and the final digit (3) is a checksum that validates the entire number using the ABA's modulus-10 algorithm.

To set up direct deposit with Damariscotta Bank & Trust Company, provide your employer with routing number 011202923 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 Bank & Trust Company'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 Bank & Trust Company, 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 011202923 is registered for ACH transactions at Damariscotta Bank & Trust Company, 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 Bank & Trust Company 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 Bank & Trust Company before initiating a wire — using an ACH routing number for a wire can cause the transfer to be rejected or delayed.

This branch of Damariscotta Bank & Trust Company is located at P.o. Box 999, Damariscotta, ME 04543. Damariscotta Bank & Trust Company operates in the Federal Reserve's Boston district, which serves as the regional hub for monetary policy and payment processing in this area.