N.Y. Comp. Codes R. & Regs. tit. 3 § 303.3

Current through Register Vol. 46, No. 25, June 18, 2024

Section 303.3 - Remuneration of management

Upon written request by a depositor or other person, the Banking Department shall furnish such depositor or other person with the following information with respect to the remuneration paid or to be paid to the three highest paid officers and the fees paid to the trustees or directors of the mutual organization:

(a) the name of each of the three highest paid officers, the title of the office held thereby, the salary (including deferred compensation) paid or to be paid to each such officer for the period covered by the statement, and the total annuities, pension or retirement benefit paid or proposed to be paid to such officer, either directly or indirectly, under any existing plan in the event of retirement at normal retirement date;

(b) the fee paid a trustee or director for attendance at a board or committee meeting, specifying the various committees; and

(c) the aggregate fees paid for attendance at such board or committee meetings during the period covered.

(d) A fee in the amount specified in section 1.2 of Supervisory Policy G 1 of this Title is required for each institution for which information is requested.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 303.3