240-A – Electronic Facilities.

§ 240-a.  Electronic  facilities. A savings bank may conduct a banking
  business, at automated teller  machines,  point-of-sale  terminals,  and
  similar  facilities  subject  to regulations which may be promulgated by
  the superintendent of financial services. Such facilities shall  not  be
  deemed  to be branches and shall not be subject to any of the provisions
  of  this  chapter  applicable  to  branches;   provided   however   that
  notwithstanding   the  foregoing,  for  purposes  of  paragraph  (b)  of
  subdivision two of section two  hundred  forty  of  this  chapter,  such
  facilities  shall be deemed to be branches, and such facilities shall be
  subject to the terms and conditions of section two  hundred  forty,  and
  for  purposes of section twenty-eight-b of this chapter, such facilities
  shall be deemed to be branches.