§ 240-A — Electronic facilities

§ 240-a. Electronic facilities. A savings bank may conduct a banking\nbusiness, at automated teller machines, point-of-sale terminals, and\nsimilar facilities subject to regulations which may be promulgated by\nthe superintendent of financial services. Such facilities shall not be\ndeemed to be branches and shall not be subject to any of the provisions\nof this chapter applicable to branches; provided however that\nnotwithstanding the foregoing, for purposes of paragraph (b) of\nsubdivision two of section two hundred forty of this chapter, such\nfacilities shall be deemed to be branches, and such facilities shall be\nsubject to the terms and conditions of section two hundred forty, and\nfor purposes of section twenty-eight-b of this chapter, such facilities\nshall be deemed to be branches.\n