New York Codes, Rules and Regulations › Title 3 - BANKING › Supervisory Policies and Procedures › General › Supervisory Policy 1 - Schedule of Addresses and Fees › Section 1.2 - Schedule of fees; payment

Current through Register Vol. 46, No. 28, July 10, 2024
(a) Any fee or
				  fees prescribed by this section may be paid by a check payable to the order of
				  "New York State Department of Financial Services."
(b) Fees charged for a copy of copies of
				  documents on file with the department and/or for the certification thereof
				  shall be: 25 cents per page for a copy not exceeding 9 x 14 inches in size, and
				  the actual cost of the reproduction if larger or in any other form or for the
				  certification thereof; except that in the case of requests pursuant to the
				  Freedom of Information Law, the first 10 pages of copies, not exceeding 9 x 14
				  inches made for a requester in any calendar year, shall be free. The Department
				  of Financial Services reserves the right to charge the same fee per page for
				  those records requiring redaction even is no copies are required.
(c) Fees charged for the processing of any
				  application for which a fee may be charged pursuant to the Banking Law, or the
				  regulations thereunder, shall be as set forth in the following schedule:
Schedule of Application Fees
Section
								  18-a
Banking
								  Law
Authorized
Institution
Authorizations
Amount
Depository
								  Institutions
Banks & Trust Companies (including
								  Limited Purpose Trust Companies)
Charter Application
§ 23
$12,500
Branch or Public Accommodation Office (see Note
								  1)
§ 29/§ 191
$ 750
Change of Location (Temporary and
								  Permanent)
§ 28-a/§ 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
Out-of-State, State-Chartered Banking
								  Institutions
Additional NY Branch (after initial entry) (see
								  Note 2)
§ 224
$ 750
Savings Banks - Mutual
Charter Application
§ 23
$12,500
Branch or Public Accommodation Office (see Note
								  1)
§ 29/§ 191
$ 750
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 or Conveyance of More Than 50% of
								  Assets
§
																605.8
$12,500
Conversion (From Mutual to Stock
								  Form)
§ 14-e.2
$12,500
Savings Banks - Stock
								  Form
Charter Application
§ 23/§ 14-e.2
$12,500
Branch or Public Accommodation Office (see Note
								  1)
§ 29/§ 191
$ 750
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
Savings & Loans -
								  Mutual
Charter Application
§ 23
$12,500
Branch or Public Accommodation Office (see Note
								  1)
§ 29/§ 191
$ 750
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 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
Savings & Loans - Stock
								  Form
Charter Application
§ 23/§ 14-e.2
$12,500
Branch or Public Accommodation Office (see Note
								  1)
§ 29/§ 191
$ 750
Change of Location (Temporary and
								  Permanent)
§ 28-a/§ 396
$ 750
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
Credit Unions
Charter Application
§ 23
$12,500
New Station (see Note 3)
§ 461
$ 750
Change of Location (Temporary and
								  Permanent)
§ 28-a/§ 461
$ 750
Change of Location (Temporary due to
								  emergency)
§ 28-a
$ 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
Conversion (from Mutual to Stock
								  Form)
14-e.2
$12,500
Conversion (to Savings Bank)
§ 23/§ 411
$12,500
Foreign Banks - Branches &
								  Agencies
License Application
§
																201.4
$ 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
Foreign Banks - Representative
								  Offices
License Application
§ 26
$ 7,500
Change of Location (Temporary) (see Note
								  4)
§ 28-a
$ 750
Change of Location (Temporary due to
								  emergency)
§ 28-a
$ 0
Private Bankers
Initial Verified Application
§ 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
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
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
§
																343.3a
$ 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 initial
								  locations)
§
																492.4.b & .c
$ 3,000/4,000
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 initial
								  locations)
§
																555.4
$ 3,000/4,000
Additional Office
§
																555.3
$ 500
Change of Control
§ 555-a.1
$ 3,000
Budget Planners
Original License
§
																580.3
$ 3,000
Change of Control
§ 583-a.1
$ 3,000
Note 1: No fee charged when branch is part of the approval
					 of a Banking Development District (see § 96-d, Banking Law). Note 2: No
					 fee charged if home state does not charge fee for entry or additional branches
					 of a NY banking institution. Note 3: The designation of a student branch is not
					 subject to the provisions applicable to stations, pursuant to § 450-b,
					 Banking Law. Note 4: No fee charged for a permanent change of
					 location.