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P.M. NEWS WEDNESDAY 2-18-26
State Comptroller Tom DiNapoli & the State Department of Financial Services announced the approval of the Butternut Valley Banking Development District as a participant in the Banking Development District program and deposited $35 million in New York State funds to Sidney Federal Credit Union’s new Morris Branch. SFCU Senior Vice President Andrew Smith said that it was a team effort with the Butternut Valley Alliance & State Officials to make this happen:
(Andrew Smith 2-18-26)
The Butternut Valley Alliance, local municipalities partnered with SFCU on the BDD application, Alliance Chairperson Maggie Brenner comments:
(Maggie Brenner 2-18-26)
The program supports the establishment of bank and credit union branches across the State where there is a demonstrated need for banking services, the new District covers the towns of Butternuts, New Lisbon, and Morris, and the villages of Gilbertsville and Morris.
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State Comptroller Tom DiNapoli & the State Department of Financial Services announced the approval of the Butternut Valley Banking Development District as a participant in the Banking Development District program and deposited $35 million in New York State funds to Sidney Federal Credit Union’s new Morris Branch. SFCU Senior Vice President Andrew Smith said that it was a team effort with the Butternut Valley Alliance & State Officials to make this happen:
(Andrew Smith 2-18-26)
The Butternut Valley Alliance, local municipalities partnered with SFCU on the BDD application, Alliance Chairperson Maggie Brenner comments:
(Maggie Brenner 2-18-26)
The program supports the establishment of bank and credit union branches across the State where there is a demonstrated need for banking services, the new District covers the towns of Butternuts, New Lisbon, and Morris, and the villages of Gilbertsville and Morris.