The Department of Financial Services on Tuesday announced the approval of a new banking development district in Oneida County in an effort to expand banking services to under-served communities.
The approved district, in the Village of Sylvan Beach in the Town of Vienna, will allow local businesses, residents and tourists access to banking services, the agency said in a press release. The new banking development district will involve an existing branch of the Adirondack Bank, the only full-service bank in the village, which is located near Oneida Lake.
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