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Happy Anniversary to Dodd-Frank?

July 21, 2015

By Roger Beverage
OBA President and CEO

The Wall Street Reform and Consumer Protection Act was signed into law five years ago. The bill is commonly referred to as the “Dodd-Frank” Act and is named after the two chairmen of the committees that deal with financial services and banking matters.

Dodd-Frank was conceived and enacted in an attempt to address the reasons for the near-meltdown of the nation's economy in 2008 and to end the concept that some financial institutions are simply too large to be permitted to fail. It was a noble effort, although it was one that this association strongly opposed. And (as we predicted), neither of its original goals was accomplished.

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Check out OBA Emerging Leaders program

The OBA's Emerging Leaders program was created with the goal of engaging the next generation of banking leaders in the process of dealing with issues facing their industry through their participation in the OBA. This program will help develop these future leaders so they remain committed, loyal and actively involved in matters that affect their banks and, most importantly, their ability to serve their customers.

Click here to find out more, or contact Megan McGuire at the OBA.


Participate in our Regulatory Feedback Initiative!

The Regulatory Feedback Initiative gives bankers a chance to comment anonymously about the bank's examination process. If you have had an exam in the last year and haven't completed a "Post Exam Survey" please direct your staff to click here. We need to know what happened – the good AND the bad. And then let your staff know this is something they should do after every completed exam.


Sign up for Annual Washington Visit

The OBA's 2015 Annual Washington Visit has been scheduled for Oct. 4-6 and the hotel will be the Mayflower. Registration information has been mailed, but you can also download the registration and information form, and get more info on the hotel, by clicking here.

If you have any questions, contact Adrian Beverage at the OBA.


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