Routing Number 071001232

Routing number 071001232 is assigned to South Central Bk & Tr Co, a main office located at 525 W Roosevelt Rd, Chicago, Illinois 60607. This nine-digit ABA routing transit number identifies South Central Bk & Tr Co within the Federal Reserve's Chicago district for processing ACH payments, direct deposits, wire transfers, and check clearing.

The first two digits (07) indicate the Federal Reserve Bank of Chicago, digits 3-4 (10) identify the processing center, digits 5-8 (0123) are the institution identifier, and the final digit (2) is a checksum that validates the entire number using the ABA's modulus-10 algorithm.

To set up direct deposit with South Central Bk & Tr Co, provide your employer with routing number 071001232 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 South Central 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 South Central Bk & Tr Co, in the mobile app, or by calling 312-491-7143. 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 071001232 is registered for ACH transactions at South Central 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, South Central 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 South Central 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 South Central Bk & Tr Co is located at 525 W Roosevelt Rd, Chicago, IL 60607. South Central Bk & Tr Co operates in the Federal Reserve's Chicago district, which serves as the regional hub for monetary policy and payment processing in this area.