| 35. Satellite facility. "Satellite facility" means any |
facility, automated device or electronic terminal established by |
a financial institution authorized to do business in this State |
at which an existing financial institution customer may initiate |
banking transactions, including, but not limited to, cash |
deposits to and withdrawals from that customer's account, cash |
advances on a preauthorized credit line, transfers between |
checking and savings deposit or share accounts or payment |
transfers from the customer's account to accounts of other |
financial institution customers. Such a facility is not |
permanently staffed and is not part of a main office or branch |
office of a financial institution. Such a facility may be part of |
an electronic funds transfer system. Satellite facilities |
include facilities engaged in soliciting, receiving or accepting |
money or its equivalent on deposit from new and existing |
customers. The term satellite facility does not include a cash |
dispensing machine, that, operating in conjunction with a |
processor and network, allows a customer to debit an account in |
exchange for dispensing cash and that may allow a customer to |
effectuate transfers between the customer's accounts in the same |
financial institution, a point-of-sale terminal, a night |
depository or an office or facility engaged solely in the |
solicitation and origination of loans. |