New York Banking Law Section 484 - Penality for use of term "credit union".

484. Penalty for use of term "credit union". The use by any person, partnership, association or corporation, other than those authorized as provided in this article, or by any federal law, and other than any statewide association of credit unions operating in this state, of any name or title which contains the two words "credit" and "union" shall be a misdemeanor.


Last modified: February 3, 2019