N.Y. Banking Law § 240-a: Electronic facilities

§ 240-a. Electronic facilities. A savings bank may conduct a banking

business, at automated teller machines, point-of-sale terminals, and

similar facilities subject to regulations which may be promulgated by

the superintendent of financial services. Such facilities shall not be

deemed to be branches and shall not be subject to any of the provisions

of this chapter applicable to branches; provided however that

notwithstanding the foregoing, for purposes of paragraph (b) of

subdivision two of section two hundred forty of this chapter, such

facilities shall be deemed to be branches, and such facilities shall be

subject to the terms and conditions of section two hundred forty, and

for purposes of section twenty-eight-b of this chapter, such facilities

shall be deemed to be branches.