Cfefcu Form

What is the CFEFCU?

The Central Florida Educators Federal Credit Union (CFEFCU) is a member-owned financial cooperative that provides a range of banking services tailored to meet the needs of its members, primarily educators and their families in Florida. Established to support the financial well-being of its members, CFEFCU offers services including savings and checking accounts, loans, mortgages, and investment options. The routing number 263181384 is essential for facilitating electronic transactions, ensuring that funds can be transferred securely and efficiently within the banking system.

How to Use the CFEFCU Routing Number

The routing number 263181384 is used for various banking transactions, including direct deposits, wire transfers, and automatic bill payments. To utilize this routing number, members need to provide it along with their account number when setting up electronic payments or receiving funds. This ensures that transactions are directed to the correct financial institution and account, minimizing the risk of errors in fund transfers.

Steps to Complete Transactions Using the CFEFCU Routing Number

When completing transactions that require the routing number 263181384, follow these steps:

1. Gather your account information, including your account number and the routing number.
2. Access your banking platform or app where the transaction will be initiated.
3. Enter the routing number 263181384 and your account number in the designated fields.
4. Review the information for accuracy before submitting the transaction.
5. Confirm the transaction and keep a record of the confirmation for your records.

Legal Use of the CFEFCU Routing Number

The routing number 263181384 is legally recognized for electronic transactions in the United States. It complies with the regulations set forth by the Electronic Funds Transfer Act (EFTA) and other relevant financial regulations. This ensures that transactions conducted using this routing number are secure and legally binding, provided that all necessary conditions are met during the transaction process.

Key Elements of the CFEFCU Routing Number

The routing number 263181384 consists of nine digits, which serve specific purposes in the banking system:

• The first four digits identify the Federal Reserve district.
• The next four digits represent the specific financial institution.
• The final digit is a checksum used to validate the routing number.

Understanding these components helps members ensure they are using the correct routing number for their transactions.

Examples of Using the CFEFCU Routing Number

Members can use the routing number 263181384 in various scenarios, such as:

• Setting up direct deposit for payroll or government benefits.
• Transferring funds to or from other banks.
• Establishing automatic payments for utilities or loans.

These examples illustrate the versatility and importance of the routing number in everyday banking activities.