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Date: April 7, 2006 Bulletin Number: 637
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Subject

Bank Name Update for New York State Employee Payroll Checks

Purpose

To notify agencies that the bank name printed on paychecks issued from the General Checking Account will change from "Fleet Bank" to "Bank of America." This is a change only to the bank name printed on the check. Bank of America acquired Fleet Bank in 2004.

Affected Employees

All employees who receive a New York State payroll check. This change does not affect State Insurance Fund employees.

Effective Date(s)

Institution paychecks dated April 13, 2006.
Administration paychecks dated April 19, 2006.

OSC Actions

OSC will begin printing Bank of America on New York State employee payroll checks issued from the General Checking Account.

Agency Actions

Agencies may notify all employees that only the name printed on the checks is changing; the actual bank change from Fleet Bank to Bank of America occurred in 2004.

Agencies are encouraged to remind their employees that participation in the Direct Deposit program is a safe and reliable
alternative to receiving a paycheck.

Questions

Questions regarding this bulletin may be directed to the Payroll Deductions mailbox.