Gov. Cuomo signs law granting CUs access to Banking Development District Program

 

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Gov. Andrew Cuomo (Credit: governorandrewcuomo Flickr)

Gov. Andrew Cuomo last night signed into law legislation that will allow credit unions to participate in the state Banking Development District Program. The legislation, S.727-A/A.3320 passed both houses of the Legislature earlier this year with bipartisan support, and the New York Credit Union Association strongly supported its passage.

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