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

Prohibits employer withdrawal from direct deposit account without notice to and permission from account owner, who must be given 15 days notice of withdrawal and must give depository bank written permission therefor; provides that this section shall not be construed to supersede any such withdrawal otherwise authorized by law or court order. /
Sponsor: PARKER Committee: BANKS

Requires lending institutions that send unsolicited mail-loan checks to clearly state in solicitation letter the interest rate to be applied to such loan and to demonstrate the total cost of loan in a dollar amounts, at interest rate, over periods of six months, one year, and three years. /
Sponsor: PARKER Committee: BANKS

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

Authorizes licensed lenders to issue credit cards and act as financing agencies. /
Sponsor: Rivera P Committee: BANKS

Requires banks to accept the Matricula consular identification card issued by the Mexican Consulate General and the Tarjeta Cosular identification card issued by the Ecuadorian Consulate General as valid identification for all banking transactions. /
Sponsor: Rivera P Committee: BANKS

Enacts the "short-term financial services loan act"; authorizes licensed cashers of checks to provide short-term loans under certain circumstances. /
Sponsor: Heastie Committee: BANKS

Relates to unauthorized entities, unregistered mortgage brokers and mortgage fraud; establishes additional penalties against unlicensed or unregistered persons or entities engaging in activities after receiving a cease and desist notice; relates to the crime of mortgage fraud. /
Sponsor: SMITH Committee: BANKS

Provides for the inclusion of low income credit unions in the banking development district program in cities having a population of one million or more persons. /
Sponsor: SQUADRON Committee: BANKS

Provides that requirements relating to the preservation of certain banking records may be satisfied by maintenance of original papers or other records, photographic reproductions, or records stored in electronic storage media. /
Sponsor: FARLEY Committee: BANKS

Prohibits a mortgage servicer from obtaining force-placed insurance in certain circumstances; requires a mortgage servicer to provide written notices prior to obtaining force-placed insurance; regulates the cost of coverage a mortgage servicer may obtain for force-placed insurance. /
Sponsor: Clark Committee: BANKS

Relates to restrictions on employees of the banking department, collecting assessment fees, suspending mortgage bankers and brokers for cause and eliminating outdated language and provisions; relates to interest rate increases on mortgage loans after default. /
Sponsor: GRIFFO Committee: BANKS

Relates to the maximum amount of funds which the state comptroller and the commissioner of taxation and finance may deposit and the maximum amount of funds on deposit at a community banking institution. /
Sponsor: Magee Committee: BANKS

Authorizes credit unions to conduct savings promotion prize giveaways. /
Sponsor: Raia Committee: BANKS

Relates to reporting of financial exploitation; establishes a financial exploitation, outreach, education and training program and fund. /
Sponsor: VALESKY Committee: BANKS

Relates to the maximum amount of funds which the state comptroller and the commissioner of taxation and finance may deposit and the maximum amount of funds on deposit at a community banking institution. /
Sponsor: Magee Committee: BANKS

Relates to the maximum amount of funds which the state comptroller and the commissioner of taxation and finance may deposit and the maximum amount of funds on deposit at a community banking institution. /
Sponsor: GRIFFO Committee: BANKS

Establishes a commission to study the feasibility of establishing a bank owned by the state of New York or an authority constituted by the state of New York and report within 2 years. /
Sponsor: Galef Committee: BANKS

Conforms criminal provisions of the mortgage banking provisions to those relating to mortgage loan originators. /
Sponsor: FARLEY Committee: BANKS

Relates to branches, trust offices and interstate branching transactions. /
Sponsor: RULES COM Robinson Committee: BANKS