An electronic wire transfer sends money directly from one bank or credit union account to another. Members can also move funds to account holders in other cities, states or countries. There are many reasons to transfer funds electronically, including:
- Saves time - recipients don’t have to travel to the bank or post office.
- Faster - People generally receive the funds within one business day.
- Saves Money - There’s no need to order checks, stamps or envelopes.
- More secure - A quick and secure payment method, which is less vulnerable to theft.
Incoming Wiring Instructions
Wire to:
Catalyst Federal Credit Union,
Plano, TX
Routing Number:
311990511
Beneficiary Name:
Members Trust of the Southwest FCU
2315 Mangum Rd
Houston, TX 77092
Account:
313083620
Final Credit to:
Member's Name
Account:
Members Account #
Outgoing Wiring Instructions
Domestic Wires
Cutoff time is 4:00 p.m. central time. All wire received at or after 4:00 p.m. will be processed the following day.
Please provide the following information to initiate an Outgoing Wire:
- Originator’s name ( First and Last )
- Originator’s full address (Street, City, State & Zipcode)
- MTFCU account number
- Wire amount
- Receiving financial institution ABA (Routing #)
- Receiving financial institution name
- Beneficiary account number
- Beneficiary name ( First and Last)
- Beneficiary’s full address (Street, City, State & Zipcode)
- Any additional information pertaining to nature of transfer if needed
International Wires
Cutoff time is 2:30 p.m. central time. All wires received at or after 2:30 p.m. will be processed the following day.
Please provide the following information, to initiate an Outgoing Wire:
- Originator’s name ( First and Last )
- Originator’s full address (Street, City, State & Zipcode)
- MTFCU account number
- Wire amount
- Foreign bank name
- Foreign bank address
- Foreign bank city
- Foreign bank country
- Swift / BIC #
- Beneficiary account No. IBAN
- Beneficiary name ( First and Last)
- Beneficiary’s full address
- *International Wires can take 5-10 business days to be processed at the receiving institution*
- Any additional information pertaining to nature of transfer if needed
Contact Members Trust to initiate an outgoing wire transfer.
ACH Transfers
If you want to save time, simplify deposits and payments and reduce errors, then you may want to utilize our ACH Transfer option. ACH is simply electronic transfers from one account to another. Common uses include:
- A member pays a service provider
- An employer deposits money to an employee's account
- A member moves funds from one bank to another
ACH Credit Transaction - Examples of ACH credit transactions would include direct deposit payroll and payments INTO your Members Trust Federal Credit Union account. No trips to the Credit Union to make a deposit - safe and convenient! Click here to complete the form.
ACH Debit Transaction - Means that you are taking money OUT of your Members Trust account to make a payment or deposit into another financial institution. There’s no need to write checks and get them into the mail on time. Click here to complete the form.
Click here to see how much it will cost to send an ACH Transfer.