Regulates the provision of refund anticipation loans by person and entities other than banking institutions; requires that at the time a borrower applies for a refund anticipation loan, a facilitator shall disclose to such borrower certain information relating to fees and interest rates; defines terms. / Sponsor: Titone Committee:

Requires banking institutions to accept the Dominican consular identification card, issued by the consulate general of the Dominican Republic, as a valid form of identification for all banking transactions. / Sponsor: Crespo Committee:

Relates to refund anticipation loans; requires that at the time a borrower applies for a refund anticipation loan, a facilitator shall disclose to such borrower certain information; defines terms. / Sponsor: Titone Committee:

Requires banks to send account notifications in certain circumstances. / Sponsor: Weprin Committee:

Prohibits banks from holding for deposit the funds from checks issued by the state. / Sponsor: Pretlow Committee:

Requires banks to post information about basic banking services near their exits and entrances, including information concerning minimum balances, initial deposits, maximum fees chargeable, and withdrawal limitations. / Sponsor: Perry Committee:

Enacts the New York state money transmission disclosure act; requires each licensee providing a transmission transaction which involves currency of one country into the currency of another country to provide the customer with a written disclosure; authorizes the superintendent of banks to implement any necessary rules and regulations. / Sponsor: Titus Committee:

Authorizes trust companies to make affiliated investments and to receive fiduciary compensation for making such investments. / Sponsor: GRIFFO Committee: BANKS

Provides a definition of the word "timely" for purposes of real property insurance escrow accounts. / Sponsor: SMITH Committee: BANKS

Regulates the provision of refund anticipation loans by person and entities other than banking institutions; requires that at the time a borrower applies for a refund anticipation loan, a facilitator shall disclose to such borrower certain information relating to fees and interest rates; defines terms. / Sponsor: DIAZ Committee: BANKS

Provides that a banking institution must cash checks drawn on said institution, if payee presents a form of valid identification; provides a refusal to cash such check after identification, makes such institution guilty of a violation. / Sponsor: Zebrowski Committee:

Requires banks to defer mortgage payments of customers who are delinquent. / Sponsor: Lopez V Committee:

Relates to the imposition of fees for investigations and applications for banking institutions. / Sponsor: SMITH Committee: BANKS

Regulates the operation of automated teller machines by entities other than banking institutions; requires the registration of such machines, the examination of books, accounts and records, investigations, and also provides violations and penalties relating to the operation of such machines. / Sponsor: SMITH Committee: BANKS

Requires mortgagee banks to provide written notice to mortgagor when such mortgagor is no longer required to maintain personal mortgage insurance coverage; provides such notice shall be delivered to the mortgagor within thirty days of the date upon which the mortgagor shall have acquired sufficient equity in real property subject to the mortgage so as to eliminate the necessity for personal mortgage insurance. / Sponsor: Wright Committee:

Requires all banking institutions in the state to accept a statutory short form power of attorney and powers of attorney which survive disability or incompetence; references existing provisions relating to powers of attorney in the general obligations law; holds banks harmless for such acceptance unless they have actual written notice of revocation or termination. / Sponsor: Titone Committee:

Provides that there shall be no solicitation for credit card holders through state or city university of NY unless credit education courses are provided. / Sponsor: PARKER Committee: BANKS

Relates to prohibiting a lender from blocking access to funds issued under a credit line mortgage. / Sponsor: Weprin Committee:

Requires the mortgage bill of rights pamphlet on residential mortgages shall be in 8 most popularly spoken languages in the state. / Sponsor: Miller Committee:

Provides criteria for membership in credit unions and permits the extension of certain services to nonmembers. / Sponsor: PARKER Committee: BANKS