Oklahoma Bankers Association
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Happy Thanksgiving!

November 25, 2015

Happy Thanksgiving from our OBA family to yours!

The OBA will be closed on Thursday, Nov. 26, and Friday, Nov. 27, for the holiday. We will reopen at our regular time on Monday, Nov. 30.

Enjoy the weekend!


Nondeductible portion of OBA dues calculated

BKD, LLP has performed a calculation representing the nondeductible portion of member dues attributable to lobbying expenditures for the OBA's year ending April 30, 2015.
As a result of these procedures, it has been determined the applicable percentage, as previously described to be 13.89 percent.
If you have any question, please contact Lea Ann Jackson at the OBA.

Consumer survey: Retailers should improve data protection

According to a recent survey conducted at the request of the ABA, 94 percent of consumers think retailers should take additional steps to protect consumer data from hackers. Seventy percent say retailers should be installing EMV chip-enabled card readers as soon as possible.

Nearly 80 percent of consumers think the government should hold all companies involved in the payments system to the same security standards. And 64 percent of consumers report being most concerned about hackers breaking into retailers' computer systems, compared to just 16 percent who worry about physical card theft – which is all that retailers' push for chip-and-PIN would address. To read more about data protection, click here.

Learn more about OBA with 'About Us' booklet

The OBA does a lot of things for your bank and the banking industry as a whole. However, many bankers still remain unfamiliar with the Association of which their institution is a member.

The OBA recently released an updated "About Us" brochure that lays out all the help the Association gives to banks, bankers and the industry. Click here to download the brochure, or contact Jeremy Cowen for a ready-made booklet that can be mailed to you at no charge


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