How can I send loan payments to the South Shore Co-operative Bank?
Loan Payments may be set up either as a bill payment of an internal transfer. If the loan payment as a bill payment, then it will go thru the bill pay channels and it will be received as an ACH item at the South Shore Co-operative Bank in roughly two business days. If the loan payment as ‘Transfer to Loan’ then it will process as a transfer on the date for which the transfer is set up. For faster service, we recommend that you use the ‘Transfer’ method, however, you may choose to use Bill Payer.
