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Wild Card Approvals

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List of Actions Taken Under Section 12-a of the Banking Law

Institution Type: Banks and Trust Companies

Subject Power Granted Date Approved Application? Date Received Applicant Applies to Superintendent Approval? Procedure Letter?

Branching

Capital

Repurchase of common stock 02/07/2008
see resolution
No
NYBL §12-a (4)
n/a n/a All Insts Yes Yes
see letter

Corporate Governance/Structure

Lending

Special lending arrangements for emergency situations 09/25/2008
see resolution
No
NYBL §12-a (4)
n/a n/a All Insts Yes No

Fiduciary Activities

Administration of common trust funds and commingled investment funds 06/11/2008
see resolution
No
NYBL §12-a (4)
n/a n/a The Bank of New York No No

Securities Activities

Insurance Activities

Investments

BSA/AML

CRA and Fair Lending

Consumer Compliance

Other Activities

Institution Type: Savings Banks and S&Ls

Subject Power Granted Date Approved Application? Date Received Applicant Applies to Superintendent Approval? Procedure Letter?

Branching

Capital

Corporate Governance/Structure

Lending

Fiduciary Activities

Securities Activities

Insurance Activities

Investments

BSA/AML

CRA and Fair Lending

Consumer Compliance

Other Activities

Convert to Commercial Bank 03/02/2017

Yes

NYBL §12-a(3)

01/25/2017 Fairport Savings Bank Fairport Savings Bank Yes No

Institution Type: Private Bankers

Institution Type: Foreign Banking Corporations

Institution Type: Credit Unions

N.B. All wild card powers granted by the Banking Board pursuant to former Sections 14-g and 14-h of the Banking Law remain in effect. (BL §12-a(9)). Such powers may be found in Part 6 of the General Regulations of the Superintendent.

Updated 03/09/2017

 

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