Sir,
  Yes, the bank manager would take that position.  Checks don't make them any money.
I bought some real estate couple of years ago.  Closing agent wouldn't take a cash or a check.  Wired funds cost me $20 so I said I'd do that on day of closing.  Nope.  There's a 5 day delay on wire transfers.  So I asked what the advantage of a wire transfer was if not immediate access to funds.  No reply.  I'll never be using that institution again.

  I have a slightly off topic question.  Is it true that the Dodd-Frank banking law from four years back made any deposit to any bank automatically the bank's property?  In the event the bank gets in financial trouble, they confiscate the funds and you get a share in the (now failing) bank?  Just wondering, I don't know.  Stetts