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New York bills · 2025 Regular Session

New York A 11264

Relates to requiring the availability of no-fee basic banking accounts for consumers

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

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Summary

Official abstract published by the New York legislature

Provides that every banking institution operating in the state of New York shall offer at least one no-fee basic banking account that charges no monthly maintenance or service fees, requires no minimum balance, charges no fees based on account inactivity, and provides certain essential services including deposits and withdrawals, debit card access, and electronic payments and transfers.

Text versions

Roll-call votes

No recorded votes on this bill.

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