Article discusses electronic fund transfer (EFT) systems which allow consumers to deposit and withdraw money. Article then discusses the legal problems which have resulted from attempts by national banks to use EFT systems in states which do not allow state banks to engage in branch banking, and whether EFT systems are branch banks under applicable federal law.
Electronic Fund Transfers, Branch Banks, and Potential Abuse of Privacy,
6 Fordham Urb. L.J. 571
Available at: http://ir.lawnet.fordham.edu/ulj/vol6/iss3/7