THE LATEST...

Obama's Consumer Protection Agency - The New Nightmare

New Consumer Financial Protection Agency Transfers All Consumer-Related Oversight to New Panel. 

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Bank Closings Now Total 52 for 2009 - So Far

Six Illinois Banks, One Texas Bank Shuttered July 2nd. 

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Should Transaction Account Guarantee Program Be Continued?

The FDIC has put out for comment a proposal to extend the transaction account guarantee program until June 30, 2009.

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Time to start considering '09 Washington Visit!

We are less than one month away from the deadline for the early bird registration cutoff for the OBA 2009 Washington Visit. We only have 12 bankers registered so far.

Folks, in today's environment, Oklahoma bankers need to be represented by at least four times that number. We should actually be represented by 10 times that number!

This year we've added the Treasury and the Federal Reserve to our program. This is the first year in several that the Fed hasn't had a large meeting that conflicted with our dates. The State Chamber also has their Washington Visit scheduled for Sept. 14-15 and we always enjoy having such a large Oklahoma presence in Washington at the same time.

For more information please click here for a downloadable brochure, including a registration form. We also have an option for a group event in the form of a dinner cruise down the Potomac River. For more information, please contact Myrna Kay Smith at myrnakay@oba.com.

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Yingling testifies on proposed consumer protection agency

New consumer financial protection agency is not necessary for traditional community banks.

On June 24, the American Bankers Association responded to the Obama administration's proposal to create a new consumer regulatory body for financial services that would be separate from any future prudential regulatory structure. 

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