NBT Bank Routing Number and Wiring Instructions

In order to complete any kind of money transaction (domestically or internationally), the customer will be required to have the bank’s routing number. It can be easily found on a check

Where to Find on a Check NBT Bank

NBT Bank check

NBT Bank check

NBT Routing Number : 021303618

How to Wire Money

If you have a NBT Bank online banking account, you can start a wire transfer online or go to the nearest brach to do it in person. Both ways you’ll be required to provide some information as:

Domestic Wire – Up to 24 Hours for Processing

  • Bank Name
  • Routing Number – 021303618
  • Address of Bank
  • Creditor’s Name
  • Creditor’s Account Number

NBT Bank is an independent, community bank based in Norwich, N.Y. We trace our roots back to 1856 when a group of business leaders in Norwich saw a need for additional banking resources in the community and came together to form a bank. We have a proud heritage of building long-term financial relationships with individuals, businesses and organizations, agricultural operations and local governments. In 2016, we published an updated history of NBT to commemorate our 160th anniversary. This publication, NBT Bank: A History of Growth and Change (1856 – 2016).

NBT Bank Going National

The state-chartered Bank of Norwich—NBT Bank’s name at the time—had been in business just over a year when, in 1857, it faced its first major financial “panic.” This upheaval caused many banks in New York State to suspend operations; the Bank of Norwich was not one of them. Over the remaining years of the nineteenth century, it would face two more panics.

1 The bank had been in business less than five years when, in 1861, the Civil War broke out. Over the next four years, the war claimed the lives of 600,000 Americans, more than any other war before or since. These two factors—economic instability and war—led to major banking changes in the United States.
Financial panics were sparked by sudden, widespread fears of a collapsing economy or stock market. These panics, which typically followed times of economic prosperity, often resulted in large withdrawals of bank deposits and falling stock prices. After the Panic of 1857, “no recovery was evident in the United States for a year and a half and the full impact did not dissipate until the Civil War.”

2 Looking for a way to lessen the impact of these boom-and-bust cycles—and to raise money for the Civil War—President Abraham Lincoln and his Treasury secretary, Salmon Chase, sought to establish a national banking system beginning in 1861. This system, they believed, would “revive the national economy and promote a uniform system of currency and cred it.”

3 During the war, “one-third to one-half of the currency in circulation was counterfeit. At that time, approximately 1,600 state banks designed and printed their own bills.”

4 Back in Norwich, the 114th Regiment of the New York State Volunteers was organized in 1862 with soldiers from Chenango, Cortland and Madison counties. Norwich residents—including Bank of Norwich employees—raised several thousand dollars to provide for the soldiers’ families during wartime. For nearly three years, the infantry regiment fought in a number of Civil War battles, including those in Louisiana and Virginia. Of the regiment’s 1,000 soldiers, 422 were killed, wounded or missing by 1865.

5 In 1863, Congress passed the National Currency Act, which created the national bankingsystem. A year later, this act was reenacted and clarified by the National Bank Act. The new system “presented the United States with a fresh means to promote a sense ofnationhood based on uniformly regulated financial institutions and a growing economy. Theissuance Norwich 1862, a 1981 painting by Chenango County artist Robert Ballou Ward, depictssoldiers of the 114th Regiment leaving Norwich on the Chenango CanalThis historical marker, just south of NBT Bank’s headquarters in Norwich, shows the spot wherethe  114th Regiment departed for the Civil War in 1862 of ‘national bank notes’ by nationalbanks alleviated a serious obstacle to interstate commerce that existed before the Civil War. Under the direction of the Comptroller of the Currency, the national banking system acquired a reputation for safety and soundness that inspired confidence from the banking public.”

6 The new national banks were required to buy Treasury securities as part of their capitalization; the money the federal government received from the sale of these securities was vital to financing the Union’s war efforts. In turn, the Treasury securities served as backing for a new type of legal tender that held a stable value, could be reliably used nationwide and helped spur economic development.

7 Before the 1860s, banknotes issued by state-chartered banks were only as good as the banks that issued them. The farther the banknote traveled from its issuing bank, the less likely it would be accepted. The National Bank Act of 1864 imposed a ten-percent tax on state banknotes to “drive them out of existence. As a result of this tax, the number of national banks tripled by the war’s end.”

8 Shortly after the war, the Bank of Norwich also made the switch. On June 28, 1865, the bank received a national charter (which it holds to this day) and changed its name to The National Bank of Norwich. Although the distinction between national and state charters has diminished over the years—and financial panics continued under the national banking system—the bank’s national charter was an advantage in the 1860s, especially in terms of public confidence. That confidence was needed for banks to grow in the postwar years, when the nation transformed from an agricultural to industrial economy.By the end of the decade, in 1868, the first train arrived in Chenango County, bringing with it the full force of the industrial age. From coast to coast, more and more towns like Norwich were connected by rail. By the end of the century, railroads “could carry any passenger and deliver any farm or manufactured goods anyplace in the USA cheaply and within a week’s time. No other country in the world had such a complete transportation network.”

9 The Civil War preserved the nation and brought freedom to four million slaves. In its wake, the national banking system, the expansion of the railroads and the westward movement contributed greatly to a new national identity

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