New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 8 - Banking Development Districts
Section 8.4 - Required information that must be included in an application to the superintendent for designation of a proposed banking development district

(a) identification of the political subdivision in the State, whether county, town, city, or village, which shall constitute the proposed banking development district;

(b) in those instances in which the proposed banking development district is a portion of a political subdivision, identification of the census tracts as well as street boundaries which shall constitute the proposed banking development district;

(c) evidence of the approval of the application by the governing board of the local government;

(d) characterization of the proposed banking development district as urban or rural as such terms are defined by the United States Census Bureau;

(e) the number of residents of the proposed banking development district;

(f) distribution of banking services--provide, with regard to the following geographic areas:

(g) income measures, including, but not limited to, per capita annual income and median household annual income of the proposed banking development district utilizing either the most recent United States Census Bureau data or the most recent Department of Housing and Urban Development ("HUD") annual income estimates;

(h) other economic indicators, where readily available, including, but not limited to, unemployment data, percentage of the population at or below the poverty level, percentage of the population at or below 200 percent of the poverty level, and percentage of the population receiving public assistance within the proposed banking development district. Unemployment data may be submitted for a political subdivision in which the proposed banking development district is located;

(i) description of the public transportation systems and major roadways, if any, in the proposed banking development district. Maps and/or diagrams may be included in the description;

(j) narrative establishing that a branch would be economically viable within the proposed banking development district if the statutory economic incentives are provided;

(k) specification of whether the proposed banking development district, or any portion thereof, lies within an area which has been designated as a New York State Empire Zone or Enterprise Community or Federal Empowerment Zone or has received similar designation from any Federal, State, or local government entity;

(l) a narrative description of the natural and man-made geographic barriers, if any, that may impede physical access to existing banking services;

(m) a narrative description of the distances and travel times from the applicant's proposed site to banking institutions and alternative providers of banking services both within the proposed banking development district and within the reasonable distance specified in paragraph (f)(3) of this section;

(n) affirmation by the applicant bank that it will not establish the proposed banking development district branch with the intention of closing or relocating any existing nearby branch or branches; and

(o) such other documents or information as the superintendent, in his or her discretion, may deem necessary.