In our record, the routing number for Bank of Oak Ridge is 053112327. The following is the information for the routing number of 053112327.
FedACH Routing
Name: | Bank Of Oak Ridge |
Address: | Oak Ridge, NC |
Phone: | 336-644-1245 |
Type: | Main Office |
Servicing Fed's Main Office : | 051000033, |
Status: | Active |
Change Date: | 08/12/2011 |
Fedwire Routing
Name: | Bank Of Oak Ridge |
Telegraphic Name: | BANK OF OAK RIDGE |
Location: | Oak Ridge, NC |
Funds Transfer Status: | Eligible |
Book-Entry Securities Transfer Status: | Eligible |
Revision Date: | 07/15/2009 |
A routing number is a nine digit code, used in the United States to identify the financial institution. Routing numbers are used by Federal Reserve Banks to process Fedwire funds transfers, and ACH(Automated Clearing House) direct deposits, bill payments, and other automated transfers. The routing number can be found on your check.
The routing number information on this page was updated on Feb. 28, 2022
Routing Number? Please Explain This To Me Like I'm Five.
It is a number issued by the American Bankers Association that identifies the individual bank in question. It has a few different names, such as Routing Transit Number and American Bankers Association number. In order to do business in the US, all US banks must have a routing number.
Why does a bank need a routing number?
First, they need it because the law requires it. Second, they need it for practical logistical reasons. It is used to route money transfers, such as check payments or direct deposits. Without it, they are dead in the water and cannot move funds.
Where can I find this on my checks?
The routing number can be found at the bottom of the check. It may precede or follow the checking account number. This same line will also contain the check number for the check in question. These three pieces of information are needed to give each check full and unique identification for purposes of moving money between accounts.
A routing number is a 9 digit code for identifying a financial institution for the purpose of routing of checks (cheques), fund transfers, direct deposits, e-payments, online payments, and other payments to the correct bank branch.
Routing numbers are also known as banking routing numbers, routing transit numbers, RTNs, ABA numbers, and sometimes SWIFT codes (although these are quite different from routing numbers as SWIFT codes are solely used for international wire transfers while routing numbers are used for domestic transfers).
Routing numbers differ for checking and savings accounts, prepaid cards, IRAs, lines of credit, and wire transfers. All banks usually have separate routing numbers for each of the states in the US.
You can look for the routing number on the check (cheque book) issued by your bank or can search this website for free.
- Detailed data for BANK OF OAK RIDGE
- Dollar figures in thousands
- 105Total employees (full-time equivalent)
- $351,868Total assets
- $22,490Cash and due from depository institutions
- $56,423Securities
- $0Federal funds sold & reverse repurchase agreements
- $251,641Net loans & leases
- $0Trading account assets
- $7,615Bank premises and fixed assets
- $2,216Other real estate owned
- $0Goodwill and other intangibles
- $351,868Life insurance assets
- $11,483All other assets
- $319,294Total liabilities and capital
- $317,258Total liabilities
- $32,574Total equity capital
- Dollar figures in thousands
- $17,521Total interest income
- $3,291Total interest expense
- $14,230Net interest income
- $3,977Provision for loan and lease losses
- $3,044Total noninterest income
- $13,237Total noninterest expense
- $60Pre-tax net operating income
- $415Securities gains (losses)
- $61Applicable income taxes
- $0Extraordinary gains - net
- $414Net income attributable to bank
- $0Net charge-offs
- $414Cash dividends
- $3,907Sale, conversion, retirement of capital stock, net
RSSD-ID: 2903123
FDIC Certificate Number: 35365
OTS Docket Number: 17470