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RESTRICTIONS ON CASH AND DUE FROM BANK ACCOUNTS | 12 Months Ended
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Dec. 31, 2015
RESTRICTIONS ON CASH AND DUE FROM BANK ACCOUNTS [Abstract] |
RESTRICTIONS ON CASH AND DUE FROM BANK ACCOUNTS | RESTRICTIONS ON CASH AND DUE FROM BANK ACCOUNTS The Corporation was in compliance with the reserve requirement with the Federal Reserve Bank of New York as of December 31, 2015. The Corporation also maintains a pre-funded settlement account with a financial institution in the amount of $1.4 million for electronic funds transaction settlement purposes at December 31, 2015 and 2014.

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- Definition The entire disclosure for restrictions on cash and due from bank accounts. + References No definition available. + Details
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