Routing number is very necessary if any person wants to bank with Golden 1 Credit Union and has to transfer money, pay a bill or set up a direct credit, you have to know your Golden 1 routing number. Go through the entire discussion to know the routing number and its use and how to know your routing number easily and quickly.
What is a Routing number?
Routing number used during setting up money wires or transactions and making payments to and from accounts.
A routing number is a code that banks use to recognize each other during any transaction between them securely. Routing numbers made up of nine digits code that consists of some details to validate the identities of the financial institutions such as banks involved in that banking transactions.
The American Bankers Association firstly launched these routing numbers in 1910. When routing numbers were first discovered they were only used to recognize check processing endpoints initially, but at present times, the routing number provides various services such as routing your pay when you sign up for direct deposit. Looking for more insights? Check our previously published article on Valley National Bank Routing Number.
What Is The Golden 1 Routing Number?
As we know many large banks have multiple routing numbers but in case of Golden 1 Credit Union, it has only one routing number for many of its branches located across the country and they say their every users to use this routing number for payment including direct deposit and wire transfers. But, four of its branches have four different routing number:
- Golden 1 Credit Union Routing Number (Most Branches) – 321175261
- 1328 W. Hillsdale Blvd., San Mateo, CA Branch –321076289
- 2298 Lombard St., San Francisco, CA Branch –321076289
- 1273 N. Davis Rd., Salinas, CA Branch –321175753
- 8379 Church St., Gilroy, CA Branch –321178022
To know the right Golden 1 routing number is essential. This is because, routing number is used for different purposes such as direct deposit and wire transfers that include sending and getting money. Don’t miss out! Check our previously published article on Your Synovus Bank Routing Number.
How to Find Your Routing Number
If you have a Golden 1 checking account, You can check your bank routing number on the check of your respective bank by going to the bottom left corner of the check. It is the nine-digit code of numbers and each digit has a meaning. The account number is present behind the routing number. Account number consists of ten to twelve digits.
If you don’t have a check, you can also contact Golden 1 any time of the day at 877-465-3361 to search for your routing number for your respective account. If you are at all confused about which number to use, you should consider calling Golden 1 because entering the correct routing number is very essential as it could make a heavy difference between your money going into the correct or wrong account.
How Do Credit Unions Get Routing Numbers?
A routing number is also known as American Bankers Association (ABA) routing number, as it was first introduced by the American Bankers Association. The legal ABA Registrar of Routing Numbers gives these routing numbers to federal- or state-chartered financial institutions that are eligible to keep accounts at a Federal Reserve bank.
The very first four numbers present in the routing number are the Federal Reserve Routing Symbol, and the first two numbers of that series are assigned to particular types of financial institution like bank like with the “32” in the Golden 1 bank routing number which shows that it’s for checks, drafts and electronic transactions of thrift institutions. These two numbers are no longer used as of 1985, with 01 to 12 replacing them. The next four numbers are the number that recognizes ABA Institution, and the last number is used to check digits.
Golden 1 Credit Union enables its users to send and get transactions across the country or outside the country, for this you have to fill in the right routing number. You should also give your name as it shows on your account and the account number at the place where the funds should be collected. The financial institution sending the money should forward this information to its U.S. correspondent bank for further credit to. Have you seen it yet? Check our previously published article on Webster Bank Routing Number.
Frequently Asked Questions
To know your respective account number, visit the golden1.com and write “Find my account number” in the search bar present on the home page.
The routing number you require will vary based on the type of transaction. For example, you could need a particular number for ACH transfers and another for arranging automatic bill payments.
Conclusion
As we know, Golden 1 Credit union comes under financial institutions through which people can receive or send money according to their need. Hence, they required routing number of Golden 1 Credit union Bank to initiate any type of transactions. Golden 1 has four different routing numbers depending upon their region. You must know about the correct routing number while entering it during transactions. Have a look on: How Much Money Do You Need To Open A Bank Account?