FYI: The mayor’s and comptroller’s offices announced this morning plans to use a collective $100 million in deposits to banks around town to spur economic activity in neighborhoods designated to be underserved by banking and financial services. The city has created Banking Development Districts in the South Bronx, Sunset Park, South Central Harlem, St. George, Red Hook and Roosevelt Island. It will recruit banks from those neighborhoods to participate in the program, in which it will deposit up to $10 million and accept below-market interest rates. In return, the participating banks must offer reduced rate loans and financial literacy classes to area residents. They’ll have to report annually to the comptroller and finance department on those activities, and the city will withdraw its deposit if the bank is not meeting the agreed upon standards. [11/20/03]