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NYSIF Explores Low-Cost Banking Options for Claimants

Wednesday, September 30, 2026 | 0

The New York State Insurance Fund announced Tuesday that it is soliciting information from financial institutions about ways to connect injured workers to low-cost bank and credit union accounts. "The submitted information may lead to initiatives for NYSIF participants to be directed to banking access opportunities as part of the claim management process, receive financial education and engage with banks and credit unions in their local community," the carrier said in its request for information. "In addition, NYSIF may collaborate with banks and credit unions on communica...

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