N.Y. Est. Powers & Trusts Law § 7-5.1

§ 7-5.1 Definitions\n (a) A "beneficiary" is a person who is described by a depositor as a\nperson for whom a trust account is established or maintained.\n (b) A "depositor" is a person in whose name a trust account subject to\nthis part is established or maintained.\n (c) A "financial institution" is a bank, trust company, national\nbanking association, savings bank, industrial bank, private banker,\nforeign banking corporation, federal savings and loan association, a\nsavings institution chartered and supervised as a savings and loan or\nsimilar institution under federal law or the laws of a state, a federal\ncredit union, or a credit union chartered and supervised under the laws\nof a state.\n (d) A "trust account" includes a savings, share, certificate or\ndeposit account in a financial institution established by a depositor\ndescribing himself as trustee for another, other than a depositor\ndescribing himself as acting under a will, trust instrument or other\ninstrument, court order or decree.\n