Bank and Trust Cropped

Application Fee Schedule

SHARE

Application Fees

Depository and Non-Depository Institutions

This Application Fee Schedule is a listing of the fees corresponding to specific applications filed by depository and non-depository institutions. All application fees are applied to the operating costs of the Department of Financial Services.

Depository Institutions

Non-Depository Institutions

Banks & Trust Companies
Banks (Out-of-State; State-Chartered)
Savings Banks (mutual)
Savings Banks (Stock Form)
Savings & Loan Associations (Mutual)
Savings & Loan Associations (Stock Form)
Credit Unions
Foreign Banks (Branches & Agencies)
Foreign Bank (Representative Offices)
Private Bankers
Investment Companies
Safe Deposit Companies
Holding Companies
Mutual Holding Companies

Mortgage Bankers
Mortgage Brokers
Mortgage Loan Originator
Mortgage Loan Servicer
Check Cashers
Money Transmitters
Licensed Lenders
Sales Finance Companies
Premium Finance Companies
Budget Planners
APPLICATION FEE SCHEDULE
Institution Banking Law Fee

Depository Institutions
Banks & Trust Companies (including Limited Purpose Trust Companies)
Charter Application 23 $12,500
Branch (not in a Banking Development District) or Public Accommodation Office 29 / 191 $750
Branch (in a BDD) 29 / 96-d $0
Trust Office (New York bank/trust company) 105-b $750
Change of Location (Temporary and Permanent) 28-a and 113 $750
Change of Location (Temporary due to emergency) 28-a $0
Change of Control 143-b.2 $12,500
Acquisition of Banking Institution (no change of control) 143-a $12,500
Conversion (From National to State) 136.5 $12,500
Merger (National to State) 136.5 $12,500
Purchase of Assets (by State from Federal) 136-a $12,500
Merger 601.1 $12,500
Purchase of Assets 601-a $12,500
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
Investments Pursuant to 97(5) 97(5) $0
Fiduciary Powers 4001.9 $0
     
Out-of-State, State-Chartered Banking Institutions
Additional NY Branch (after initial entry) 224 $750 / 0*
Change of Location (Temporary and Permanent) 225-b / 28-a / 203 $750 / 0*
Change of Location (Temporary due to emergency) 225-b/28-a $0
*Fee is waived when applicant's home state regulator charges no fee for an additional branch or the relocation of a branch of a New York institution
     
Savings Banks - Mutual
Charter Application 23 $12,500
Branch (not in a Banking Development District) or Public Accommodation Office 29 / 191 $750
Branch (in a BDD) 29 / 96-d $0
Change of Location (Temporary and Permanent) 28-a / 241.1 $750
Change of Location (Temporary due to emergency) 28-a $0
Conversion (From Federal to State) 412 $12,500
Merger 601 $12,500
Purchase of Assets 601-a $12,500
Sale, Lease, Exchange or Other Disposition of Property 601-c(1)(b) $0
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
Conversion (from Mutual to Stock Form) 14-e.2 $12,500
Fiduciary Powers 234-b $0
     
Savings Banks - Stock Form
Charter Application 23 / 14-e.2 $12,500
Branch (not in a Banking Development District) or Public Accommodation Office 29 / 191 $750
Branch (in a BDD) 29 / 96-d $0
Change of Location (Temporary and Permanent) 28-a / 241.1 $750
Change of Location (Temporary due to emergency) 28-a $0
Change of Control 143-b.2 $12,500
Conversion (From Federal to State) 412 $12,500
Merger (Federal to State) 600 / 14-e.2 $12,500
Purchase of Assets (By State from Federal) 601-a / 14-e.2 $12,500
Merger 601 $12,500
Purchase of Assets 601-a $12,500
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
Acquisition of Banking Institution (no change of control) 143-a $12,500
Fiduciary Powers 234-b $0
     
Savings & Loans - Mutual
Charter Application 23 $12,500
Branch (not in a Banking Development District) or Public Accommodation Office 29 / 191 $750
Branch (in a BDD) 29 / 96-d $0
Change of Location (Temporary and Permanent) 28-a / 396 $750
Change of Location (Temporary due to emergency) 28-a $0
Conversion (From Federal to State) 410 / 412 $12,500
Merger 601 $12,500
Purchase of Assets 601-a $12,500
Sale, Lease, Exchange or Other Disposition of Property 601-c(1)(c) $0
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
Conversion (from Mutual to Stock Form) 14-e.2 $12,500
Conversion (to Savings Bank) 23 / 411 $12,500
Fiduciary Powers 380-h $0
     
Savings & Loans - Stock Form
Charter Application 23 / 14-e.2 $12,500
Branch (not in a Banking Development District) or Public Accommodation Office 29 / 191 $750
Branch (in a BDD) 29 / 96-d $0
Change of Location (Temporary and Permanent) 28-a / 396 $750
Change of Location (Temporary due to emergency) 28-a $0
Change of Control 143-b.2 $12,500
Conversion (From Federal to State) 410 $12,500
Merger (Federal to State) 600 / 14-e.2 $12,500
Purchase of Assets (By State from Federal) 601-a / 14-e.2 $12,500
Merger 601 $12,500
Purchase of Assets 601-a $12,500
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
Acquisition of Banking Institution (no change of control) 143-a $12,500
Conversion (to Savings Bank) 23 / 411 $12,500
Fiduciary Powers 380-h $0
     
Credit Unions
Charter Application 23 $12,500
New Station 461 $750
Change of Location (Temporary and Permanent) 28-a / 461 $750
Change of Location (Temporary due to emergency) 28-a $0
Designation of Student Branches 450-b $0
Conversion (From Federal to State) 486 $12,500
Conversion (to Mutual Savings Bank) 487-a $12,500
Merger 601.1 $12,500
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
Fiduciary Powers 455 $0
     
Foreign Banks - Branches & Agencies
License Application 26 $7,500
Public Accommodation Office 191 $750
Change of Location (Temporary and Permanent) 28-a / 203.1 $750
Change of Location (Temporary due to emergency) 28-a $0
Fiduciary Powers 201-b $0
     
Foreign Banks - Representative Offices
Foreign Banks - Representative Offices    
License Application 26 $7,500
Change of Location (Temporary) 28-a $0
Change of Location (Temporary due to emergency) 28-a $0
     
Private Bankers
Initial Verified Certificate 23 $12,500
Verified Certificate (Continuation of Business) 24 $750
Branch 29 $750
Change of Location (Temporary and Permanent) 28-a / 164 $750
Change of Location (Temporary due to emergency) 28-a $0
     
Investment Companies
Charter Application 23 $12,500
Branch (unless exempt under 508.4) 29 / 508.4 $750
Change of Location (Temporary and Permanent) 28-a / 511 $750
Change of Location (Temporary due to emergency) 28-a $0
Change of Control 519 $12,500
Merger 601 $12,500
Purchase of Assets 601-a $12,500
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
     
Safe Deposit Companies
Charter Application 23 $12,500
Branch 29 $750
Change of Location (Temporary and Permanent) 28-a / 321 $750
Change of Location (Temporary due to emergency) 28-a $0
Change of Control 324 $12,500
Merger 601 $12,500
Purchase of Assets 601-a $12,500
Sale or Conveyance of More Than 50% of Assets 605.8 $12,500
     
Holding Companies
Initial or Expansion Application 142 $12,500
Acquisition of Banking Institution (no change of control) 143-a $12,500
     
Mutual Holding Companies
Initial Application 290 $0
Conversion (from Mutual to Stock Form) 294 / 14-e.2 $12,500
Sale of up to 49% of Subsidiary Bank Stock 290.1 / 14-e.2 $12,500
 

Non-Depository Institutions
Mortgage Bankers    
Original License 591.2 $3,000
Branch License 591.3 $500
Change of Control 594-b.1 $3,000
     
Mortgage Brokers
Original Registration 591-a $1,500
Branch 591-a.2 $500
Change of Control 594-b $1,500
     
Mortgage Loan Originator
Original License 599-d $250
     
Mortgage Loan Servicer
Original Registration 590.2(b-1) $3,000
Branch 590.2(b-1) & (c) $500
Change of Control 594.b.1 $3,000
     
Check Cashers
Original License 367.3 $3,000
Additional Regular Location 367.3 $2,000
Mobile Location 367.3 $2,000
Limited Station 370.2 $500
Change of Location (Regular) 367.3 $2,000
Change of Location (Mobile) 367.3 $500
Change of Location (Limited) 367.3 $0
Change of Control 370-a.1 $3,000
     
Money Transmitters
Original License 641.3 $3,000
Change of Control 652-a.1 $3,000
     
Licensed Lenders
Master License 341.2 $3,000
Additional Location (Temporary and Permanent) 341.6 $500
Change of Location 343.3.a $500
Change of Control 345.1 $3,000
Acquisition, Merger, Consolidation, Purchase of Assets 344.1 $3,000
     
Sales Finance Companies
Original License (1 location / 3 or more locations) 492.4.b and c $3000 / $4000
Additional Place of Business 492.4.c $500
Change of Control 492-a.1 $3,000
     
Premium Finance Companies
Original License (1 location / 3 or more locations) 555.4 $3000 / $4000
Additional Office 555.3 $500
Change of Control 555-a.1 $3,000
     
Budget Planners
Original License 580.3 $3,000
Additional Branch / Office License 580.2 $0
Change of Control 583-a.1 $3,000