Illinois Compiled Statutes 205 ILCS 205 Savings Bank Act. Section 1007.20

    (205 ILCS 205/1007.20) (from Ch. 17, par. 7301-7.20)

    Sec. 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. 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.

(Source: P.A. 90-301, eff. 8-1-97.)

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Last modified: February 18, 2015