Convenient Services

Direct Deposit

Direct Deposit is one of the best ways to save yourself time and money. You can automatically deposit 100% of your paycheck into your Cambridge Teachers Federal Credit Union accounts. Members who have direct deposit receive reduced rates on auto loans. Use CTFCU's routing # 211-381-631 

Payroll Deduction

You can deposit any fixed amount into any or all of your Cambridge Teachers Federal Credit Union accounts. All you need is a payroll deduction form. Stop by or call the office and give us the information and we will do the rest. It is the best way to save.

American Express Traveler's Cheques and Gift Cheques

The credit union is proud to offer American Express Traveler's Cheques. In addition, we offer American Express Traveler's Cheques for two. Travelers Cheques are $1.00 per hundred bought.

American Express Gift Cheques, available in amounts of $25, $50 and $100 at a fee of $2.50 per cheque.

Incoming Wire Transfers

There are no service fees for Incoming Wire Transfers. To ensure a smooth transfer, please follow the instructions below:

Credit

  • EasCorp
  • Burlington, Ma
  • ABA Number: 211-391-773

Further Credit To:

  • Cambridge Teachers Federal Credit Union
  • Cambridge, MA
  • ABA Number: 211-381-631

Final Credit To:

  • Your Name as it appears on the account. Your account number and suffix in which you want the funds deposited.

Domestic Wire Transfers

Domestic (United States) - Wire transfers can be handled on a same day basis if you are able to provide the credit union with the proper information by 12:00 noon. EST. The fee for Domestic Wire Transfers is $15.00. You must provide the credit union with the following information:

  1. Your Name and Account Number with us
  2. Amount of Transfer
  3. Name, Branch Name, Address and Routing Number (ABA Number) of the Bank Receiving the Transfer
  4. The Full Name of Recipient as it Appears in the Bank's Records; their Address and Phone Number

(We strongly suggest you contact the institution receiving the wire and ask specifically for their "Incoming Wire Instructions." This will ensure a smooth transfer.)

Foreign Wire Transfer

Depending on the destination, a Foreign Transfer may take up to an additional 24 hours to arrive. Please keep this in mind when timing your request. The fee for Foreign Wire Transfers is $35.00. In addition to the above information, we need to have the following information to have a Foreign Wire Transfer request:

  1. The Name of the Foreign Bank's United States Correspondent Bank, Branch Name, Branch Code and the Routing and Transit Number used in foreign transfers
  2. Any Other Identifying Numbers Required to Transmit Funds

(We strongly suggest you contact the Institution receiving the wire and ask specifically for their "Incoming Foreign Wire Instructions." This will ensure a smooth transfer.)

Email Signup

We are striving to provide more environmentally friendly services, including how we communicate with our members.  Please join our email list to receive important news and updates about CTFCU services regarding your accounts. Be assured that our privacy policies prohibit the sharing or selling of your email address.