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KRAWITT v. KEYBANK

23 Misc.3d 297 (2008)

871 N.Y.S.2d 842

DONALD KRAWITT, Plaintiff, v. KEYBANK, Defendant.

Supreme Court, Ulster County.

November 11, 2008.

Attorney(s) appearing for the Case

Moran Karamonzis LLP, Rockville Centre (Siobhan E. Moran of counsel), for defendant.

Moran & Gottlieb, Kingston (Andrea Moran of counsel), for plaintiff.

OPINION OF THE COURT

HENRY F. ZWACK, J.

In this case, plaintiff seeks payment of a certificate of deposit issued in 1987 by defendant KeyBank. Defendant has moved for summary judgment.

On December 18, 1987, defendant issued a certificate of deposit to the order of "Mollie Krawitt ITF Donald Krawitt" for a total of $87,473. The certificate had a stated rate of 7.63%, maturing in 182 days after the date of issuance, and would automatically renew.<...

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