205 CMR 6.24 - Deposits

Deposits may be made in person or by mail, in cash or by check or negotiable order of withdrawal. The proceeds of a check may first need banker's clearance. Holding periods will be determined by the association and advised to the account holder. No deposits may be made by credit or debit card, and no credit is allowed. A receipt for the deposit must be issued to the account holder, but does not need to reflect the current account balance.

Notes

205 CMR 6.24

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