People v. County Bank of Rehoboth Beach

Crew III, J.P.

Appeal from an order of the Supreme Court (McNamara, J.), entered January 10, 2007 in Albany County, which, in a proceeding pursuant to Executive Law § 63 (12), among other things, partially granted petitioner’s motion for summary judgment.

Respondent County Bank of Rehoboth Beach, Delaware is a full-service bank chartered and headquartered in Delaware whose deposits are insured by the Federal Deposit Insurance Corporation (hereinafter FDIC). In 1997, County Bank was approached by Telecash, Inc. (hereinafter TC) seeking a business association with County Bank in order to expand…