A routing number for CEFCU, or Community First Credit Union, is a nine-digit code that identifies the financial institution and the specific branch where an account is held. For instance, the routing number for CEFCU’s main branch in Eugene, Oregon, is 325070504.
Routing numbers are essential for processing electronic payments, such as direct deposits, wire transfers, and online bill payments. They ensure that funds are sent to the correct bank and account. In 2011, the American Bankers Association introduced the Routing Number Verification System (RNVS), which helps banks verify the accuracy of routing numbers and reduce fraud.
