N.Y. Banking Law § 420-l

§ 420-l. Savings and loan bank eligible as fiscal agent. The savings\nand loan bank operating pursuant to article ten-B of the banking law may\nbe designated by the fund as its fiscal agent; such bank shall have the\npower to accept such designation and to do all acts necessary in order\nto carry out the duties thereby imposed in accordance with any agreement\nentered into pursuant thereto.\n