DFS Approves Banking Development District in Oneida County
The New York Dept. of Financial Services announced that it has approved a new banking development district in Oneida County to expand banking in the low income community.
September 26, 2017 at 04:04 PM
2 minute read
The Department of Financial Services on Tuesday announced the approval of a new banking development district in Oneida County in an effort to expand banking services to under-served communities.
The approved district, in the Village of Sylvan Beach in the Town of Vienna, will allow local businesses, residents and tourists access to banking services, the agency said in a press release. The new banking development district will involve an existing branch of the Adirondack Bank, the only full-service bank in the village, which is located near Oneida Lake.
In a statement, Superintendent Maria Vullo said the banking district demonstrates the agency's commitment to ensure that communities have “access to quality, affordable financial services close to home.”
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