Financial Services Superintendent Maria T. Vullo Announces the Approval of New Banking Development Districts in The Bronx and Brooklyn to Expand Access to Financial Services to Underserved New York Communities

New Banking Development Districts Will Be Established in Community District 4 in the Bronx, and Parts of Clinton Hill and Prospect Heights in Brooklyn Under the BDD Program, Spring Bank and Ridgewood Savings Bank Will Receive Financial Incentives to Establish, Expand and Preserve Access to Banking Products and Services to Benefit Thousands of Consumers and…