NY S03223

Amends banking law to require the superintendent of financial services to assess banking institutions' performance in meeting credit needs of communities, including low and moderate-income neighborhoods and minority- and women-owned businesses.

Expands assessment criteria to include banking institutions' participation in technical assistance programs for small businesses and minority- and women-owned businesses, and origination of loans to minority- and women-owned businesses.

Requires the superintendent to make written assessments and communications with banking institutions regarding community credit performance available to the public upon request.

Applies assessment requirements to applications for branch offices, public accommodation offices, mergers, asset purchases, and automated teller machines or similar electronic facilities.

Takes effect 120 days after enactment, with authorization for the superintendent to adopt necessary rules and regulations immediately upon passage.