Feel Good Banking
Personal Banking  >  Wire Transfers

What is a wire transfer?

A wire transfer is an immediate, safe, and reliable way to transfer money from one bank to another.  It is a form of electronic funds transfer (EFT), but not to be confused with ACH. Each party to a wire transfer must by identified by either the sending bank or the receiving bank.  It is very difficult to send a wire anonymously, so it is harder for a scam to be perpetrated.  Payment by wire transfer is certain and generally the funds are immediately available because it is difficult for the sender to pull the money back.  The information on this  page refers to domestic wire transfers, please call one of our Personal Bankers for information on international wire transfers.

What are the fees for wire transfers?

Incoming domestic wire transfer fee is $10.00, incoming international wire transfer fee is $40.  Outgoing domestic wire transfer fee is $15, outgoing international wire transfer fee is $30 (foreign currency), $40 (US currency).  Important Note:  Do not use Oregon Community Bank & Trust's routing number for wire transfers (the routing number found on your checks).  Use the wiring instructions found below only.  Wire transfers intitiated using our bank routing number will come through the Federal Reserve.  The Federal Reserve charges a $165 wire transfer fee which will then be charged to the recipient of the wire.

What information do I need if I would like to wire money out of my account?

You would need specific wiring instructions for the recipient's bank.  This includes the bank's name, address, telephone number,  wire transfer routing number and the bank's wire transfer account number (this is different from the recipient's account number), as well as the recipient's name, address, telephone number and account number.  It is best to contact the receiving bank for their specific wiring instructions.  Also, the funds wired out need to be "collected funds".  That means, they must have been previously deposited and available according to our funds availability policy. And, you do need to come into the bank, we need a signature for outgoing wires.

What information do I need to provide in order to receive a wire into my account? 

First, be sure to call us and let us know that you will be receiving a wire.  Oregon Community Bank uses a correspondent bank through which we receive wires.  Please provide the following information to the financial institution initiating the wire:


For Credit to:                          Bankers’ Bank of Madison, WI (USA)

                                                7700 Mineral Point Road

                                                Madison, WI  53717



BkrBK-ABA/Routing #:        0759-1247-9

Further Credit to:                 Oregon Community Bank


                                                ABA #0759-1227-5

                                                733 N. Main Street

                                                Oregon, WI  53575


Account #:                              122-754

Final Credit to:                        ______________________________________

                                                (Recipient of wire)


Account #:                              ______________________________________






                                                _______Loan # _________




Click here to print wiring instructions 


The USA PATRIOT Act requires all financial institutions to obtain, verify and record information that identifies each person who opens an account or changes an existing account.