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#593574 - 08/04/06 04:06 PM Disaster Recovery
Irish1 Offline
100 Club
Joined: Sep 2005
Posts: 150
Does NYS have a regulation for banks to follow if there is a disaster recovery? For example, the FDIC says we need to contact the FDIC office within 3 days if we relocate a main office due to a natural disaster. Does NYS have any laws/ requirements? Thanks!!

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#593575 - 08/08/06 08:11 PM Re: Disaster Recovery
PatrickG Offline
100 Club
PatrickG
Joined: Jun 2001
Posts: 165
Binghamton, NY, USA
See http://www.banking.state.ny.us/il030918.htm It explains the process for closing branch offices and principal offices.

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