2016 New York Laws
BNK - Banking
Article 6 - (Banking) SAVINGS BANKS
235-B - Effect of usury.

 235-b.  Effect of usury. The knowingly taking, receiving, reserving,
  or charging by a savings bank of interest at a rate greater than six per
  centum per annum, as computed pursuant to this section, or in excess  of
  such greater rate of interest as may be authorized by law, shall be held
  and adjudged a forfeiture of the entire interest which the note or other
  evidence  of  debt  carries with it, or which has been agreed to be paid
  thereon. If such greater rate of interest  has  been  paid,  the  person
  paying  the  same  or  his  legal  representatives  may recover from the
  savings bank twice the entire amount of the interest thus paid.  Nothing
  in this section shall be deemed to affect the powers of any savings bank
  with respect to loans or investments it is authorized to make.
*  235-b.   Effect   of   usury.  The  knowingly  taking,  receiving,
  reserving, or charging by a savings bank of interest at a  rate  greater
  than such rate of interest as may be authorized by law shall be held and
  adjudged  a  forfeiture  of  the entire interest which the note or other
  evidence of debt carries with it, or which has been agreed  to  be  paid
  thereon.  If  such  greater  rate  of interest has been paid, the person
  paying the same or  his  legal  representatives  may  recover  from  the
  savings  bank  twice  the  entire  amount  of the interest thus paid, if
  action therefor is brought within two years from the time the excess  of
  interest is taken. Nothing in this section shall be deemed to affect the
  powers  of  any  savings bank with respect to loans or investments it is
  authorized to make.
* NB Effectiveness of amendments made by chapter 349/1989  7  expired
  September 1, 1971 per 13 of such chapter