- Collection:
- Georgia Government Publications
- Serial:
- Quarterly MSB newsletter : quarterly summary of money service businesses activities for the period ending ...
- Title:
- Quarterly MSB newsletter, Issue 1 (Jan.-Mar. 2014)
- Creator:
- Georgia. Dept. of Banking and Finance
- Contributor to Resource:
- Georgia. Non-Depository Financial Institutions Division, issuing body.
- Publisher:
- Atlanta, Ga. : Dept. of Banking and Finance, 2014
- Date of Original:
- 2014-01/2014-03
- Subject:
- Georgia. Department of Banking and Finance
Check cashing services--Law and legislation--Georgia
Banks and banking--Customer service--Georgia - Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- Description:
- Began with period ending March 31, 2012.
also called <4th Quarter 2016->
Period ending December 31, 2016 (harvested on Aug. 1, 2018 from dbf.georgia.gov); title from PDF caption (Georgia Government Publications database, viewed September 17, 2018).
Period ending June 30, 2018 (harvested on Aug. 1, 2018 from dbf.georgia.gov); (Georgia Government Publications database, viewed September 17, 2018). - External Identifiers:
- Call Number GA B100 .P1 M55 2014/1
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-bb100-b-pp1-bm55-b2014-s1-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-bb100-b-pp1-bm55-b2014-s1-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
Georgia Department of Banking & Finance ~ Non-Depository Financial Institutions Division
Quarterly Summary of Money Service Businesses Activities MonthflyorSutmhmeaPryeorfioMdorEtgnadgeinAgctiMvitaiercs hfo3r 1th,e2P0e1ri4od Ending April 2007
Inside this Issue:
Upcoming Check 2 Cashing Classes
(continued)
Upcoming 2014 2 State Holidays
Check Casher 3 Activity for the 4th
Quarter
Check Seller / 4 Money Transmitter Activity for the 4th
Quarter
Administrative 5 Actions
Contact Information 5
Fingerprint Background Checks Process Change
The Department reviews criminal background checks on all owners of 10% or greater and other control persons of Georgia seller of check and money transmitter licensees prior to approval of a new application or change request. Individuals that reside in Georgia are required to have their fingerprint background checks processed at a GAPS location but must first contact the Department to be registered to do so.
For out-of-state individuals, the Department will no longer process fingerprint cards inhouse; rather, out-of-state individuals will be required to submit fingerprint cards directly to 3M Cogent.
Please note that the Department has updated its forms and website about change in procedure. Current instructions regarding fingerprinting can be found for sellers of checks at http://dbf.georgia.gov/documents/fingerprint-background-check-servicesgaps.
Upcoming Check Cashing Classes
During 2014, the Department will continue to hold a class at its main office every other month that is open to all check cashers. The class benefits first-time check cashers and veteran check cashers. Classes are scheduled on Tuesdays at 10:00 a.m. and generally last about an hour and a half.
There is no cost for the class and it is a great way to learn about Georgia law, Department regulations, the Bank Secrecy Act (BSA) and Anti-Money Laundering requirements. During examinations, those who have attended the class have stated that the knowledge and information they gained helped prevent violations and avoid the
(Continued on page 2)
"Safeguarding Georgia's Financial Services"
Page 2
1st Quarter 2014
Upcoming Check Cashing Classes
(Continued from page 1)
imposition of fines. As a further benefit, the Department provides a certificate of attendance that licensees may use as evidence of training received on BSA and Anti-Money Laundering.
Upcoming 2014 Check Casher Class Dates and Times*
May 20th, 10:00 AM July 15th, 10:00 AM September 16th, 10:00 AM November 18th, 10:00 AM
The classes are limited to a maximum of seven attendees, so you must make an advance reservation for a seat by calling 770-986-1639 or emailing tkoeppel@dbf.state.ga.us at least five days before the class is held. Reserve your seat NOW! We look forward to seeing you.
* Please note that the class schedule is subject to change.
Upcoming 2014 State Holidays
Holiday Name
Confederate Memorial Day
Memorial Day Independence Day Labor Day Columbus Day Veterans' Day Thanksgiving Day
Christmas Day
Date Observed
Saturday, April 26th Will be observed on Monday, April 28th
Monday, May 26th
Friday, July 4th
Monday, September 1st
Monday, October 13th
Tuesday, November 11th
Thursday, November 27th Lee's Birthday will be observed on Friday, November 28th
Thursday, December 25th Washington's Birthday will be observed on Friday, December 26th
1st Quarter 2014
LICENSED AND REGISTERED CHECK CASHERS APPROVED OR REINSTATED DURING THE 1ST QUARTER OF 2014
Page 3
Page 4
1st Quarter 2014
LICENSED AND REGISTERED CHECK CASHERS APPROVED OR REINSTATED DURING 1ST QUARTER OF 2014
LICENSED AND REGISTERED CHECK CASHERS CLOSED DURING THE 1ST QUARTER OF 2014
LICENSED CHECK SELLERS AND MONEY TRANSMITTERS APPROVED OR REINSTATED DURING THE 1ST QUARTER OF 2014
1st Quarter 2014
ADMINISTRATIVE ACTIONS
Page 5
Final Cease and Desist Orders
Ingo Money, Inc., Roswell, GA - Order to Cease and Desist issued on 1/9/2014 became final on 3/18/2014.
Department Contact Information
NAME Teresa Koeppel, Administrative Examiner (Check Sellers/Money Transmitters, MSB Exams)
Susan Nelson, Applications Analyst (Check Cashers)
E-MAIL ADDRESS tkoeppel@dbf.state.ga.us
PHONE# (770) 986-1639
nelson@dbf.state.ga.us
(770) 986-1652
Corresponding with the Department
When corresponding with the Department, e-mail communication is preferred. Providing written details in the email regarding any questions or concerns you may have allows the Department to forward the request to the appropriate person who handles that area, and if sufficient details are included in the request, that person can then more efficiently provide you with an answer. The main Division e-mail address is msb@dbf.state.ga.us.
Since the Department's main method of communicating with licensees/registrants is via e-mail, it is very important that you supply the Department with a valid e-mail address and that you keep us informed if your e-mail address changes. Please be sure that your e-mail account does not divert Department e-mail to your spam or junk folder.
Page 6
Georgia Department of Banking and Finance
2990 Brandywine Road Suite 200
Atlanta, Georgia 30341-5565
Phone: (770) 986-1633 Fax: (770) 986-1655 or 1029 Email: msb@dbf.state.ga.us
1st Quarter 2014
The Department is the state agency that regulates and examines banks, credit unions, and trust companies chartered by the State. The Department also has regulatory and/or licensing authority over mortgage brokers/processors, lenders and loan originators, money service businesses, international banking organizations, and bank holding companies
conducting business in Georgia.
Our MISSION is to promote safe, sound, competitive financial services in Georgia through innovative, responsive regulation and supervision.
Our VISION is to be the best financial services industry regulator in the country Progressive. Proactive. Service-Oriented.
We're on the Web! dbf.georgia.gov
Sign-up to Receive this Publication
This quarterly publication is delivered to interested parties via e-mail and is also available from the Department's website at: http://dbf.georgia.gov under Publications, MSB Newsletter. If you would like to be added to our distribution list, send an email to dbfpress@dbf.state.ga.us stating your name and e-mail address. Please be sure to include "Subscribe to MSB Newsletter" in the Subject line.