Discussion of Identity Theft Red Flags

1. Developing Responses to Red Flags
2. Suspicious Activity Reports & Privacy Exceptions
3. Example of SAR Filing      
4. Credit Report Alerts & Notices
5. Suspicious Documents
6. Suspicious Personal Identifying Information
7. Unusual Use/Suspicious Activity on Account
8. Notice of Identity Theft

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Joint Regulation on Identity Theft Red Flags & Address Discrepancies

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D.O.D. Lending Regulation for Servicemembers

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Servicemembers’ Civil Relief Act—Impact on Lenders

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Background on Subprime Mortgages

Interagency Guidance on Subprime Mortgages

1. Statement’s Coverage
2. What is “Subprime”?
3. Substantial Risk Factors
4. Balloon Payments?
5. Consumer Protection Principles
6. Underwriting Standards
7. Control Systems 

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1. Consumer Loan Dollar Amounts Adjust on July 1
2. Changes to Identity Theft Provisions
3. All ATV’s Transferred After June 30, 2008 Require Titles & Liens
4. How to Re-title a Mobile Home Merged Into the Real Estate
5. Commissioner’s Bill Includes Several Miscellaneous Changes

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Changes to Oklahoma’s Vulnerable Adult Abuse Reporting Provisions

1. Financial Neglect; Exploitation
2. Specific Duty to Report
3. Avoiding Singling out Banks 
4. Expanded DHS Powers

Illegal Immigration: How H.B. 1804 Affects Banks, Other Businesses

1. Citizenship/Immigrant Verification
2. Independent Contractor Verification
3. “Harboring” Illegal Immigrants
4. Restriction on Issuing ID’s
5. Other Provisions
6. Economic Costs

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1. New Oklahoma Regulations Covering Money Transmitters
2. Returning Checks for “Breach of Presentment Warranty”

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1. Stale-Dated Checks: Should the Bank Pay Them or Not?
   1. What the Statute Says
   2. Bulk Filing
   3. Regulation CC Exception Hold
   4. Whether to Pay or Not?
   5. Some Possible Approaches
   6. When is an Old Check No Longer Good?
2. Reasons for Returning Checks within the Midnight Deadline
   1. The Bulk Filing Issue
   2. Having a Valid Reason for Return
   3. Reasons Limited to the Midnight Deadline
   4. “Refer to Maker”; Kiting
   5. “Account Closed”
   6. Forged Checks
   7. Dummy or Counterfeit Checks

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1. Stop Payment Orders on Checks – Questions and Answers
2. No Means of Stopping Payment on Cashier’s Checks
   1. Examples: When a bank would like to avoid paying a cashier’s check
   2. Is a customer’s “defense” against the payee a reason for not paying a cashier’s check?
   3. When does a bank have its own defense to paying a cashier’s check

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Joint Guidance on Commercial Real Estate Concentrations

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1. Recent Amendments to Health Savings Account Provisions
   1. HSA Contribution Amounts
   2. Reimbursing Medical Expenses
   3. Accumulating Tax-Advantaged Savings
   4. Full Deduction in First Year
   5. Transfer from IRA to HAS
2. Index for 2006

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Defense Authorization Act – Restrictions on Loans to Service Members and Their Dependents

1. Background
2. What Transactions are Covered?
3. “Interest” Limited to 36%
4. All Fees are “Interest”
5. New Definition of “APR”
6. No Lender Access to Bank Account
7. No Renewal of Debt
8. No Mandatory Arbitration
9. Non-complying Contracts Void
10. Criminal Provision
11. What Persons are Covered?

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Processing through Dallas Fed Affects Availability Schedule

FDIC Guidance on Establishing a Bank Ethics Program

1. Written Bank Policies
2. Specific Provisions

• a. Safeguarding Customer Information
• b. Integrity of Bank Records
• c. Strong Internal Controls  
• d. Speaking Candidly with Examiners
• e. Accepting Gifts and Favors  
• f. Avoiding Self-Dealing  
• g. Observing Other Laws  
• h. Other Matters

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Pension Reform: Useful Changes to IRA Provisions

1. IRA Contribution Limits.
2. Tax Refunds & Other Transfers to IRA’s.
3. IRA’s of Guards & Reservists.
4. IRA Distributions to Charities
5. Understanding the Tax Advantages:
6. 50% limit on charitable contributions doesn’t apply.
7. Deductions and credits don’t phase out. 
8. Reducing RMD’s in future years. 
9. Rollover to “Inherited IRA”
10. Easier Conversion to Roth IRA’s

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