Oklahoma Bankers Association We make bankers better!
Deceptive Use of a Bank’s Name in Soliciting Customers Insurance Practices Disclosure of Non-Authorization Comparing the Statutes Exploitation of Disabled or Elderly Adults “Elderly” Defined “Disabled” Not Defined "Lacks Capacity to Consent” “Exploitation” Defined Criminal Penalties Knowledge of Incapacity Reporting to Authorities
July 2006
June 2006
-
June 1, 2006
June 2006 Legal Briefs
Amendments to Deposit Account P.O.D. Provisions Understanding the Customer’s Needs First-Choice/Second-Choice POD Authority Charity as POD Beneficiary Required Notice to Accountholders New Provision for Safe Deposit Box “Access on Death”
April 2006
-
April 1, 2006
April 2006 Legal Briefs
Increased Deposit Insurance Limits for Retirement Accounts “Self-Directed” Requirement Multiple Accounts Credit Unions Funding Opportunities Statement Stuffers Future Increases in Deposit Insurance Feasibility Studies Other Details of Deposit Insurance Reform Legislation Merged Insurance Fund Modified Reserve Ratio Dividend of Excess Funds Credit against Assessments Fund Restoration Plans Cross-Border Scams–Overpaying by Check, Wiring Back Money Procedures to Avoid Losses on Check …
March 2006
-
March 1, 2006
March 2006 Legal Briefs
Higher Debt Allowed for $150-500 Million Holding Companies Some Advantages Permitted Debt Ratios Reason for the Change Additional Restrictions More New Changes to Regulation E Disclosure at ATM’s Preauthorized Debits Good Faith Errors Stop Payments Extended Time for Raising Errors Extent of Error Investigation Using Multiple CIP Approaches
February 2006
-
February 1, 2006
February 2006 Legal Briefs
Electronic Check Conversion under Regulation E Electronic Check Conversion Reg E Initial Disclosures Some Exceptions Check Conversion by Merchants Notice at POS Locations Notice for Billing Statements Coupon Books Authorization at POS Authorization on Billing Statements Comparison to ACH Rules Third Party Payment Advantages for Payees Disadvantages for Consumers?
January 2006
-
January 1, 2006
January 2006 Legal Briefs
Fair Credit Regulation Restricts Use of Medical Information Background “Medical Information” Examples of Not Evaluating Credit Unsolicited Medical Information Financial Information Exception Permitted Gathering of Financial Information Proper Financial Use of Medical Information Improper Use of Medical Information Other Permitted Exceptions Proper Use of Exceptions Limits on Re-disclosure Affiliate Sharing
December 2005
-
December 1, 2005
December 2005 Legal Briefs
Fed’s Warranty of Authorization for “Telephone Checks” Background Who Uses “Telephone Checks”? What Checks are Covered? Warranty of Authorization FTC Telemarketing Rule Interviewing the Customer Removing the “Midnight Deadline” Fraud and Errors Limitation on Returning Checks The OBA’s Involvement Homestead Exemption in Oklahoma Bankruptcies: What’s the Dollar Limit?
October 2005
-
October 1, 2005
October 2005 Legal Briefs
Important Issues in Establishing Tragedy Accounts Using a Real Payee Endorsement Risk Tragedy Victim as Owner? Tax-Deductible Entity Setting up a Trust UTMA Account Risk-Based Approach Bank-Sponsored Account Guidelines for Residential Tract Development Loans Appraisal Methods Appraising Lots to be Developed Loan-to-Value Ratios Single-Unit Construction Loans Substituting/Releasing Collateral What is the Loan Amount? Commitment …
September 2005
-
September 1, 2005
September 2005 Legal Briefs
Small Intermediate Banks and Changes in CRA Regulations Post-Closing “Real-Estate-Related” Fees are Finance Charges Banks Sharing Information about Former Employees More Details on Lottery Accounts Public Employees’ Payroll Deductions to Financial Institutions FDIC Statistics for Oklahoma
August 2005
-
August 1, 2005
August 2005 Legal Briefs
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 Bankruptcy Chapter Eligibility for Consumers and Individuals a. Chapters and Restrictions b. Credit Counseling Notices Exemptions Statement of Intent, Redemption, and Reaffirmation Discharge Needs-Based Bankruptcy, Presumption of Abuse, Means Test The Automatic Stay