A place where the savings bank's business is conducted only through an automatic teller machine or an affiliate facility shall not be deemed a branch.
205 ILCS 205/1007.20
"Branch" or "branch office" includes any location established by a savings bank where deposits are received, loans are made, or checks are paid, but shall not include any place where only records thereof are made, posted, or kept
Known as the Savings Bank Act
The act spans §§ 205-205-1001 to 205-205-1010 (43 sections).
P.A. 90-301, eff. 8-1-97.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.