Coop To Resume Cashing of Checks on Some Banks Today

Starting this morning, the Harvard cooperative society will accept checks for each upon banks located in the First Federal Reserve District which have reopened, and also on such banks as have reopened in the following cities: Atlanta, Chicago, Cleveland, Dallas, Kansas City, Minneapolis, New York city. Philadelphia, and San Francisco.

When the bank holidays were ever the Coop held checks which had been returned from 255 banks in 38 states. This would indicate a liberal policy in cashing checks before the crisis. According to a high official last night, the Coop will extend its check cashing service as fast as the soundness of banks throughout the country can be determined.