New York A09573 increases the maximum deposit limit for community banks to thirty million dollars.

New York A09573 amends the banking law to increase the maximum amount of funds that can be deposited at a community banking institution from the previous limit to thirty million dollars. This change affects the community bank deposit program, potentially benefiting community banks by allowing them to hold more funds on deposit. The bill takes effect immediately upon enactment.

New York A09573 increases the maximum deposit limit for community banks to thirty million dollars.

New York A09573 amends the banking law to increase the maximum amount of funds that can be deposited at a community banking institution from the previous limit to thirty million dollars. This change affects the community bank deposit program, potentially benefiting community banks by allowing them to hold more funds on deposit. The bill takes effect immediately upon enactment.