Banking Development Districts bill clears Legislature, heads to Gov. Cuomo’s desk

assemblysealIn a major victory for New York’s credit unions, the state Assembly passed an important bill last night allowing credit unions access to the state Banking Development District Program for the first time. The legislation, A.3320, which was introduced by Assembly Banks Committee Chairman Kenneth Zebrowski, D-Westchester-Rockland, will now head to Gov. Andrew Cuomo’s office to be signed into law.

Continue reading “Banking Development Districts bill clears Legislature, heads to Gov. Cuomo’s desk”