Routing Number 021050466

Routing number 021050466 is assigned to Disbursing Division - New York, a main office located at 1st Floor, East Rutherford, New Jersey 07073. This nine-digit ABA routing transit number identifies Disbursing Division - New York within the Federal Reserve's New York district for processing ACH payments, direct deposits, wire transfers, and check clearing.

The first two digits (02) indicate the Federal Reserve Bank of New York, digits 3-4 (10) identify the processing center, digits 5-8 (5046) are the institution identifier, and the final digit (6) is a checksum that validates the entire number using the ABA's modulus-10 algorithm.

To set up direct deposit with Disbursing Division - New York, provide your employer with routing number 021050466 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 Disbursing Division - New York'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 Disbursing Division - New York, in the mobile app, or by calling 201-531-3775. 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 021050466 is registered for ACH transactions at Disbursing Division - New York, 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, Disbursing Division - New York 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 Disbursing Division - New York 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 Disbursing Division - New York is located at 1st Floor, East Rutherford, NJ 07073. Disbursing Division - New York operates in the Federal Reserve's New York district, which serves as the regional hub for monetary policy and payment processing in this area.