Comparison of Loan Payment Options

Unsure about which loan payment option to choose? Read this quick comparison to help you decide which method will be most convenient for you.

 

 
Description
From an ESL Checking or Savings Account
From Another Financial Institution's Checking or Savings Account

Scheduled

Description

Payments that can be scheduled to occur on the same date each month.

From an ESL Checking or Savings Account
  • AutoSweep – automatically takes your loan payment from your account each month and applies it to your ESL loan.
  • Fill out this form to get started.
  • ESL Online Banking– Schedule a recurring payment that will be deducted automatically from your account. Select Schedule a Transfer under the Account Transfer menu.
From Another Financial Institution Checking or Savings Account
  • ESL Mobile or Online Banking – make one-time or recurring payments from your account at another bank or credit union with the routing number and your account number.
  • Automatic Debit – The minimum monthly amount due on your ESL loan payment will be deducted automatically from the account you provide to ESL.
  • Fill out this form to get started.
  • Another financial institution's online bill payment (if available, add ESL as a payee).
  • ESL ABA Routing #: 222371863.

Immediate

Description

Payments that can be made immediately.

From an ESL Checking or Savings Account
  • Online Banking – Use the Make a Transfer feature or click Pay next to your loan account due date
  • Mobile Banking – Use the Transfer function in the mobile app
  • TEL-E$L – Use our automated telephone banking system
From Another Financial Institution Checking or Savings Account

N/A

In Person or By Mail

Description

Payments that can be made by visiting an ESL branch, calling us, using chat banking, or mail.

From an ESL Checking or Savings Account
From Another Financial Institution Checking or Savings Account
  • In branch
  • Send your payment to:
    ESL Federal Credit Union
    Payment Operations Support
    P.O. Box 92827
    Rochester, NY 14692-9938