Ally Bank Routing Number

124003116
ACH

Routing Number 124003116 Details

Routing Number 124003116
Bank Ally Bank
State / Region National
Type ACH

Is 124003116 Valid?

Yes — 124003116 is a valid ABA routing number assigned to Ally Bank for National. It is used for ACH transfers (direct deposit, bill pay, electronic payments).

What Does 124003116 Mean?

Every ABA routing number is a 9-digit code that identifies both the Federal Reserve district and the specific financial institution. Here's how 124003116 breaks down:

DigitsValueMeaning
1–41240Federal Reserve routing symbol (San Francisco district)
5–80311Ally Bank institution identifier
96Check digit (validates the number)

The first two digits (12) indicate the Federal Reserve Bank that serves this institution — in this case, the Federal Reserve Bank of San Francisco. The check digit is calculated using a weighted algorithm to prevent transcription errors.

ACH vs. Wire Transfers: When to Use 124003116

This is an ACH-only routing number. Ally Bank uses a separate routing number for wire transfers.

ACH Transfers

  • Direct deposit (payroll)
  • Bill payments
  • Tax refunds
  • Recurring transfers

Typically 1–3 business days. Free or low-cost.

Wire Transfers

  • Large one-time payments
  • Real estate closings
  • International transfers
  • Time-sensitive payments

Same-day settlement. Usually $15–$30 fee.

How to Find Your Ally Bank Routing Number

If you need to verify that 124003116 is the correct routing number for your account, you can check in several places:

  1. Your checkbook — The routing number is the first 9 digits at the bottom-left of any personal check, before your account number.
  2. Online banking — Log in to Ally Bank and look under account details or settings.
  3. Mobile app — Most banking apps show the routing number on the account summary screen.
  4. Customer service — Call Ally Bank to confirm over the phone.

Your routing number is based on the state where you opened your account, not your current address. If you opened your Ally Bank account in National, 124003116 is likely the correct number.

Other Ally Bank Routing Numbers

Routing Number State / Region Type
124002971 National Wire

Frequently Asked Questions

Yes, 124003116 is the ACH routing number for Ally Bank in National.

Routing number 124003116 belongs to Ally Bank. It is used for National.

This routing number is used for ACH transfers including direct deposit, bill payments, and electronic transfers. For wire transfers, Ally Bank may use a different routing number.

Yes, you can use 124003116 to set up direct deposit for your Ally Bank account in National. You'll also need your account number, which you can find in your online banking portal or on a check.

A routing number like 124003116 identifies the bank and branch (Ally Bank, National), while your account number identifies your specific account at that bank. Both are needed for transfers. On a check, the routing number is the first 9 digits at the bottom left, followed by your account number.

More Ally Bank Resources

All Ally Bank Routing Numbers → Convert Ally Bank Statement to CSV →

Convert your Ally Bank statement to CSV

Extract transactions from your Ally Bank PDF bank statement into Excel or CSV — free and instant.

Convert Ally Bank Statement →