Wire Transfer FAQ
A: There are three different ways you can confirm that your wire transfer has been received and posted:
1) You may contact us at 847.ASK.CCCU (877.275.2228)
2) You can use our Online Banking feature on this website
3) Call our Audio Service at 847.249.4569.
A: Unless specified, we post incoming wire transfers to your Rewards Checking account. If you would like your funds posted to savings, money market, or applied to a loan, please specify that in your wire transfer request special instructions section.
A: Yes, our services are for our members. Joining is easy.
A: The institution can contact the Contact Center at 877.ASK.CCCU (877.275.2228).
A: There is a $10.00 fee for all incoming wire transfers.
A: Your wire transfer request must be made with the institution sending the funds. You will need to give them these instructions:
Routing number: 271989950
Consumers Cooperative Credit Union, Gurnee, IL
Final Credit: Your name and account number at CCU
A: Yes, our services are for our members. Joining is easy.
A: Wire transfers can be sent:
Monday through Friday from 8 am to 3:00 pm for domestic wires.
A: It is strongly recommended either you or your receiver contact the financial institution for their wiring instructions. Generally you will need:
- the name of your receiver,
- the address of your receiver,
- the account number of your receiver,
- the name of their financial institution,
- the routing number of the financial institution, and
- any special instructions.
A: Simply visit one of our Service Centers or contact us at 847.ASK.CCCU (877.275.2228)
A: We can accept your request over the phone to third parties domestically; or in the case of a mortgage closing in your name. Members can now also initiate wires within Online Banking.
A: Your receiver would need to check with their financial institution to see if they will be charged a fee for receiving a wire transfer.
A: Wire transfers to US institutions usually take about half of a business day to be received. Normally if they are sent in the morning they are received that afternoon.
A: Please see our Schedule of Fees & Charges for the amounts. These fees are subject to change without notice.
A: Bank-to-Bank wire transfers can be sent to just about any financial institution in the United States. Please note, CCU is not able to do international wires.
A: Wire transfers are a safe, reliable way to transfer funds from an account at one financial institution to an account at a different institution. Bank-to-bank wire transfers travel through the Federal Reserve System.