New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 8 - Banking Development Districts
Section 8.2 - Definitions

Universal Citation: 3 NY Comp Codes Rules and Regs ยง 8.2

Current through Register Vol. 46, No. 12, March 20, 2024

For purposes of this Part:

(a) Bank shall mean a state commercial bank or trust company, a national bank, savings bank, savings and loan association, Federal savings and loan association or Federal savings bank.

(b) Alternative providers of banking services shall mean licensed check cashers, licensed money transmitters, licensed lenders and licensed mortgage bankers.

(c) Banking services shall include, but not be limited to, deposit-taking, check-cashing, sale of money orders, origination of residential or commercial mortgages, consumer loans, and commercial loans.

(d) Branch shall mean a full-service branch.

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