Transit Number # 20500-809

Central 1 Credit Union
Credit Union	Central 1 Credit Union (Central 1)
Branch Name	GRAND FORKS DISTRICT SVGS CREDIT UN
Routing Number	080920500
Transit Number (MICR)	20500-809
Address	447 Market Avenue, PO Box 2500
City	Grand Forks
State	BC
Postal Code	V0H 1H0

Location Map of Central 1 Credit Union
Grand Forks,BC

Central 1 Credit Union

Grand Forks-BC

List of Central 1 Credit Union Transit Numbers in Grand Forks ( BC )

20500-809

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What is the Routing Number?

A routing number identifies the financial institution and the branch to which a payment item is directed. Along with the account number, it is essential for delivering payments through the clearing system.

In Canada, there are two formats for routing numbers:

EFT Routing Number

An Electronic Fund Transactions (EFT) routing number is comprised of a three-digit financial institution number and a five-digit branch number, preceded by a "leading zero".
Example : 0XXXYYYYY

0 : Leading zero
YYY : Institution Number
XXXXX : Branch Number

The electronic routing number is used for routing electronic payment items, such as direct deposits and wire transfers.

MICR Number (Transit Number)

MICR Numbers or widely known as Transit Numbers are used in cheques processing. It appears on the bottom of negotiable instruments such as checks identifying the financial institution on which it was drawn.
A paper (MICR) routing number is comprised of a three-digit financial institution number and a five-digit branch number. It is encoded using magnetic ink on paper payment items (such as cheques).
Example : XXXXX-YYY

XXXXX : Branch Number
YYY : Institution Number

MICR stands for Magnetic Ink Character Recognition.