Check Cashers

07/11/08
Mortgage Reform Laws

Provides detailed explanation of three bills signed into law by Governor Edward G. Rendell on July 8, 2008: Act 56 of 2008, House Bill 2179 (P.N. 4020), the new consolidated mortgage licensing bill (the “Mortgage Act”), Act 57 of 2008, Senate Bill 483 (P.N. 2163), which amends the Loan Interest and Protection Law (the “LIPL”), and Act 58 of 2008, Senate Bill 484 (P.N. 2251), which amends the Department of Banking Code (the “DOB Code”). 

06/11/03
Policy of Cashing All Government-issued Checks

Secretary’s Letter that requests licensees and registrants under the Check Casher Licensing Act to voluntarily adopt a policy of cashing all government-issued checks at the rate authorized for government assistance checks in Section 503(a)(1) of the Check Casher Licensing Act.

05/02/03
Retail Food Stores Registered with the Department of Banking Must Comply with the Statement of Policy Issued May of 1998

Secretary's Letter stating that check cashers licensed by the Department of Banking must comply with the statement of policy issued May of 1998 concerning the Check Casher Licensing Act.  The statement of policy provides that check cashers should post a notice of exact fees and charges, which shall be within the maximum prescribed in the act.  The notice should be in plain view and in a location readily apparent to the consumer transacting business at each check casher location.

05/02/03
Check Cashers Licensed by the Department of Banking Must Comply with the Statement of Policy Issued May of 1998

Secretary's Letter stating that retail food stores registered with the Department of Banking must comply with the statement of policy issued May of 1998 concerning the Check Casher Licensing Act.  The statement of policy provides that check cashers should post a notice of exact fees and charges, which shall be within the maximum prescribed in the act.  The notice should be in plain view and in a location readily apparent to the consumer transacting business at each check casher location.

10/19/01
Blocking Property and Prohibiting Transactions

Secretary's Letter regarding President Bush's Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit or Support Terrorism.