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N.Y. BNK Law § 240-B

This is the official text of N.Y. BNK Law § 240-B, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.

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Acceptance of United States currency

Official statutory text

§ 240-b. Acceptance of United States currency. No savings bank shall\nimpose a fee, commission or service charge for accepting for deposit or\nexchanging for other United States currency any United States currency\nprovided that any coins are properly rolled and have the customer's\naccount number for that savings bank displayed on the coin roll,\nprovided further that no more than ten rolls of coins in any\ndenomination are presented for deposit or exchange at any one time.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.