Important Links & Resources

Bank Holiday Schedules

Community Reinvestment Act Information

The Community Reinvestment Act, or CRA, is both a state and federal law that encourages banks to meet the credit needs of all communities, including low and moderate-income areas. New York State is one of only a small number of states with its own CRA. New York CRA largely mirrors the federal CRA and was adopted in 1978, one year after the 1977 federal CRA law, largely in response to concerns about the existence of redlining of poor and minority communities by banking institutions during the 1960s and 1970s.

The Banking Development District (BDD) Program

The Banking Development District or BDD program is a program designed to encourage the establishment of banking branches in areas across New York State where there is a demonstrated need for banking services, in recognition of the fact that banking institutions can play an important role in promoting individual wealth, community development, and revitalization.