N.Y. Banking Law Section 287
Member savings banks

Any savings bank incorporated in the state of New York may become a member of the fund upon the terms and conditions set forth in the agreement by executing the agreement authorized by this article, or a counterpart thereof.

Source: Section 287 — Member savings banks, https://www.­nysenate.­gov/legislation/laws/BNK/287 (updated Sep. 22, 2014; accessed Jan. 24, 2026).

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Verified:
Jan. 24, 2026

Last modified:
Sep. 22, 2014

§ 287. Member savings banks's source at nysenate​.gov

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