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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to banks
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the banking law, in relation to hours of state chartered banks
Purpose
This bill would require any state charted bank or credit union shall make in-person banking services available to consumer by having business hours until seven pm one weeknight per week and have at least five operating business hours each Saturday.
Summary of specific provisions
Section 1: Legislative naming,
Section 2: Bill Language
Section 3: Effective Date
Existing law
No current law dealing with minimum in person banking hours.
Justification
This bill requires extended hours to seven pm once per week and a minimum of five hours on Saturdays. Today people are working longer and different shifts than twenty years ago making it harder to visit during traditional banking hours. By making the services available hopefully people will be able to advantage of in-person banking and credit services.
Legislative history
New Legislation
Fiscal implications
None to the State
Local fiscal implications
None
Effective date
This act shall take effect on the one hundred eightieth day after it shall become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.