Weather Alert(2)!
"Wind Chill Advisory" ...Wind Chill Advisory remains in effect until noon EST today... * locations...New York City...Long Island and portions of northeastern New Jersey. * Hazard types...dangerous wind chills. * Timing...this morning. * Wind chill...15 to 24 degrees below zero. * Winds...northwest 15 to 25 mph with gusts up to 35 mph. * Impacts...the frigid conditions will be dangerous to those venturing outside. Prolonged exposure may cause frostbite. The combination of very low wind chills and frigid air temperatures have the potential to result in frozen pipes...frostbite and hypothermia. Precautionary/preparedness actions... A Wind Chill Advisory means that very cold air and strong winds will combine to generate low wind chills. This will result in frost bite and lead to hypothermia if precautions are not taken. Outdoor exposure should be limited. If you are heading outdoors... dress in layers and keep your hands and head covered to protect against frostbite , "Special Statement" ...Dangerously cold wind chills this morning... * temperatures this morning range from near zero to 10 degrees below during this time...coupled with strong...gusty winds...are expected to produce life threatening wind chills as cold as 20 to 30 degrees below zero. * High temperatures today will only be in the teens...with wind chills likely not rising above zero until mid to late afternoon. * Cold spells of this magnitude bring a risk of frostbite and hypothermia for anyone who does not take proper precautions. In addition...frozen pipes and overworked furnaces could leave your house without heat or running water...and car batteries run the risk of dying. * Never venture outdoors without wearing gloves...a hat and several layers of clothing. Wind chill values late Saturday night into Sunday morning could lead to frostbite in less than 30 minutes if proper precautions are not taken. * Run water at a trickle and keep Cabinet doors open to prevent pipes from freezing. * Never use a stove or oven to heat your home or use an open flame to melt frozen pipes. Many house fires result from these practices. * Check tire pressure and your car battery. Be sure your car has a winter safety kit that includes a blanket...warm clothes and gloves in case your car breaks down or becomes stranded. * Take extra steps to keep your pets warm and know their limits to cold. -- Sunday Feb.14 16,11:48 AM Weather  |  LIRR  |  Traffic  |  Traffic Cams |  Weather News

 

Governor Cuomo Announces Approval of First-Ever Long Island Banking Development District to Help Underserved Consumers

Press Releases

Under BDD Program, Brentwood Community Banks Will Receive Financial Incentives to Expand and Preserve Access to Banking Services for Consumers.

Brentwood, NY -February 28, 2014 - Governor Andrew M. Cuomo today announced the approval of the Brentwood neighborhood in the Town of Islip (Suffolk County) as a Banking Development District (BDD) – the first-ever BDD on Long Island. This BDD designation for Brentwood provides financial incentives – such as the potential deposit of state funds in area institutions – to help expand and preserve access to retail banking services for unbanked and underbanked consumers in that community.

“Being able to get a bank account or a loan can make a world of difference for a family trying to responsibly manage their finances,” said Governor Cuomo. “Expanding access to financial services can help provide New York families with better tools to save for a rainy day, put their children through college, or buy a home.”

Benjamin M. Lawsky, Superintendent of Financial Services, said: “Unbanked New Yorkers often find themselves relying on check cashers or predatory payday lenders, which can take a big bite out of their paychecks. Expanding access to low-cost checking and savings accounts can help give those families a greater opportunity to build secure financial futures.”

The Town of Islip and New York Community Bank (NYCB) jointly applied for Brentwood's BDD designation. Brentwood – a majority Hispanic community – is underserved by traditional banking services. It has fewer banks per capita than most other Suffolk County neighborhoods, despite being the county’s most densely populated area. As a result, many residents rely primarily on check cashers or other money transfer agents.

In its joint application with the Town of Islip, NYCB stated that this BDD designation will help that bank continue operations at its Brentwood branch and expand its services. The proposed new services outlined in NYCB's BDD application include starter savings accounts that require as little as one dollar to open as well as checking accounts with no minimum balances. The BDD designation will also allow the branch to preserve existing services such small business loans and business checking and savings accounts.

Suffolk County Executive Steve Bellone said, “This is welcome news for the residents of the Brentwood community. I commend Governor Cuomo for pulling together resources allowing access to loans and credit to dramatically improve the quality of life for Brentwood residents.”

NYCB also plans to work with various community organizations to provide financial education programs for residents and businesses within the BDD, in addition to small business training and workshop programs.

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