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| Bank/Trust Company, Permission to Have Excess Number of Directors |
 Permit Information
Authority
Fees and Requirements
 Processing
| Average Application Processing: |
Initial: |
210 |
Days |
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Renewal: |
0 |
Days |
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| Common Denial Reasons: |
Determination that the Board would be so large, given the size of the institution, as to be unwieldy. |
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| Permit Term: |
One-time |
Explain: |
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| Renewable: |
No |
How Often:
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| Automatically Sent: |
No |
Explain: |
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| Grace Period: |
No |
Explain: |
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| Late Penalty: |
No |
Explain:
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| Application Submittal: |
Mail, In Person |
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Comments:
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Licensing/Application Inquiries
| Agency: |
NYS Department of Financial Services (Banking Industry) |
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| Address: |
Domestic Commercial Banks Division
One State Street
New York, NY 10004
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| Phone: |
(212) 709-1540 |
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Other Sources
for Applications: |
None |
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| Agency Website: |
http://dfs.ny.gov
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