New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 3. Banking |
Legal Interpretations |
LI 4 Savings Banks and Savings and Loan Associations |
3 CRR-NY LI 4 Notes |
Sec. 4.1. Leeway investments |
Sec. 4.2. Savings bank not permitted to remove trustee automatically upon his separation from his position as an officer |
Sec. 4.3. Crediting dividends on date of deposit—date of withdrawal accounts |
Sec. 4.4. Procedure for converting a regular savings account to a date of deposit—date of withdrawal status |
Sec. 4.5. Savings bank investments in bank holding companies |
Sec. 4.6. Investment by a mutual savings institution in a mutual fund listed on a national securities exchange |
Sec. 4.7. Conflict of interest—mortgage loans by savings bank on real estate sold by trustee of the savings bank |
Sec. 4.8. Contracts of employment for officers of savings banks—deferred compensation |
Sec. 4.9. Investments in mortgages on real property located in possessions of the United States |
Sec. 4.10. Payment of dividends upon conversion from a regular to a day of deposit—day of withdrawal account |
Sec. 4.11. Lump-sum payments to retiring employees in lieu of pension |
Sec. 4.12. Permissible solicitations with respect to savings bank life insurance |
Sec. 4.13. Years of service to mutual savings banks in computing allowable pensions |
Sec. 4.14. Legality of debentures of real estate investment trusts for investment by savings banks |
Sec. 4.15. Deposits in savings banks by cooperative corporations |
Sec. 4.16. Pooling of Keogh retirement accounts into a general investment pool |
Sec. 4.17. Supplemental pension benefits |
Sec. 4.18. Checking accounts for the account of fiduciaries; checking accounts in the form of totten trusts |
Sec. 4.19. Direct deposits of payroll funds by a corporate employer into a checking account maintained at a savings bank by its employee |
Sec. 4.20. Interest rates on time deposits in savings banks and savings and loan associations |