§ 10. Declaration of policy. It is hereby declared to be the policy of
the state of New York that the business of all banking organizations
shall be supervised and regulated through the department of financial
services in such manner as to insure the safe and sound conduct of such
business, to conserve their assets, to prevent hoarding of money, to
eliminate unsound and destructive competition among such banking
organizations and thus to maintain public confidence in such business
and protect the public interest and the interests of depositors,
creditors, shareholders and stockholders.