Our Loan Officer, Arlene, was so nice to work with. Her knowledge of the loan process and her ability to listen for what we wanted in a mortgage made the transition go smoothly. A very nice experience.
SFCU Member
Wires
Send or receive money quickly, safely and securely.
To wire funds to your Somerset Federal Credit Union account, please use the following instructions.
| Direct to: | ABA# 211391773 |
| FCU Name: | Eastern Corporate Federal Credit Union (Eascorp) |
| Address: | 35 Corporate Dr., Suite 300 Burlington, MA 01803 |
| Further Credit to: | Somerset Federal Credit Union |
| Account Number: | 211385572 |
| Final Credit to: | Name on the account as it appears on your statement |
| Account Number: | Your complete account number |
| Address ($3,000 or more): | Your complete address |
SWIFT Code
If your wire is being sent from a financial institution outside of the U.S., the sending financial institution may ask for a SWIFT Code. SFCU does not have a SWIFT Code.
Receiving Funds
Wires are posted to your account throughout the day as received. The last wires are posted at 4:00pm (EST) on business days.
If funds are being sent to pay your Somerset FCU loan:
Provide the sending financial institution all of the information listed above and ask that they provide the following information in “Wire Detail”.
- Apply to loan XX-XXXXXX
Fees for Incoming Wires
Domestic: $20.00
International: $30.00
Receipts
We do not mail receipts for funds received by wire transfer. You may confirm the wire via TELLERphone, online banking, or our mobile banking app.
Refer to separate fee schedule.
To wire funds from your Somerset Federal Credit Union account to another financial institution, please provide us with the following.
| Routing Number / ABA: | Wire routing transit number of the financial institution that will receive the funds. |
| Financial Institution’s Name: | For Example: ABC Bank |
| Financial Institution’s Address: | Street, City, State and Zip Code |
| Beneficiary Account Number: | This is the account where the funds will be deposited. |
| Beneficiary Name: | The name of the person who owns the account where the funds will be deposited. |
| Beneficiary Address: | The address of the person who owns the account where the funds will be deposited. |
You may request outgoing wires in-person or by phone.
For wires requested in-person:
For wire requests received by phone:
Wires are sent from your account throughout the day. Wire requests received after 4:00pm (EST) will be processed the next business day.
You may also use the transfer option if you have signed up for SFCU Bill Pay.
Fees for Outgoing Wires
Domestic: $25.00
International: $35.00
Receipts
You can request to have a detailed confirmation sent via encrypted email once the wire has been successfully sent. We cannot predict when the receiving financial institution will deposit the funds into the beneficiary account.
Refer to separate fee schedule.
Warnings About Wires
Wires are a safe and fast way to send or receive money. However, there are some things you need to know to reduce your risk of becoming a victim of fraud.
In my 30+ years in Somerset, I have never seen a financial institution with such great service. Keep up the great work, you have a great deal to be proud of.
SFCU Member
I was overall pleased with my experience. Jessica, our Money Management Officer, was easy going and very professional. She understood my circumstance, had compassion and a genuine, caring, pleasant persona for my situation.
SFCU Member
This was the first time I had purchased a vehicle without going through a dealer for financing. When I went to the Credit Union I was seen immediately by the Loan Department. The Loan Officer was very knowledgeable. I was given a list of documents to gather and was promptly taken care of when I returned with them. My wife will be contacting your office about refinancing her student loans.
SFCU Member