Fourth email – cash on the barrelhead

Our treasurer was directed to find out how long it takes for checks to clear the bank. If we get a $10,000 check on Monday before the Tuesday deadline and delivery date it won’t be available until after the deadline. So, we have to figure out how to get money, real money, to back a cashiers check that could be cashed on June 30.

Here’s her email. If you’re considering a donation keep it in mind.

Harry: The bank takes at least two days to clear (depending on the routing-some could be a longer time). I would say any large amount checks we get after Fri afternoon should be cashier’s checks to be safe. I am contacting Larry to talk to our attorney and see how our check should be made out–of course, cash always works. Have fun! Thanks, Shirley

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