New York bill S00812 amends the banking law to include establishing a branch in a banking development district as a factor in assessing a banking.
New York bill S00812 amends the banking law to include establishing a branch in a banking development district as a factor in assessing a banking institution's performance. This change is part of the criteria used by the superintendent to determine how well a banking institution is meeting the credit needs of its entire community. The bill repeals previous provisions that considered participation in a banking development district as a factor.
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