🚀 go-pugleaf

rubin@watson.ibm.com (Bill Rubin) writes:

>In <DODD.92Nov2050855@mycenae.cchem.berkeley.edu> dodd@mycenae.cchem.berkeley.edu (Lawrence R. Dodd) writes:
>>
>>>>>>> "Renato" == Renato Ghica <ghica@fig.citib.com> writes:
>>
>>  Renato> Any bank on a particular network (ie CITIBANK and CIRRUS) allow you
>>  Renato> to do banking from an ATM.
>> 
>>I don't think that includes deposits.

>I believe that there is a Chemical Bank NJ as well as the one in NY

Yes, there are Chemical Banks in both NY and NJ, but if you have an
account at a Chemical Bank (or any other bank) in one state, you
cannot make deposits at branches in another state.  Similarly, if you
have an account at a bank in NY that is on the MAC system (such as
Chemical Bank), or a bank NJ that is on the NYCE system (such as
United Jersey), you can use your ATM card at just about any bank in
the other state to make withdrawals or transfers, but not to make
deposits.  These limitations are due to the federal law against
interstate banking, which states that no bank may accept deposits in
more than one state.  Because of this law, we're stuck making deposits
by mail if we cannot get to the state where our accounts are located.