A woodforest routing number texas is a nine-digit code that identifies a specific financial institution. For instance, the Woodforest National Bank’s routing number for Texas is 314074261.
Routing numbers are important because they allow banks to transfer funds between each other. They also play a key role in direct deposit and wire transfers. In 2011, the American Bankers Association introduced a new standard for routing numbers, known as the American National Standards Institute (ANSI) X9.37 standard. This standard aimed to improve the accuracy and efficiency of routing numbers.
