Quail Creek Bank makes $100,000 donation to storm victims
May 23, 2013
One of the Oklahoma Bankers Association's key members responded today in a major way to the OBA's drive to raise money for the victims of the multiple tornados that struck Oklahoma this week.
“On behalf of Quail Creek Bank, we are donating $100,000 to the Oklahoma Bankers Association's Foundation,” said Quail Creek Bank Chairman J. David Davenport. “We are very pleased to be able to respond to the OBA's call for financial help which will go directly for the relief efforts and rebuilding of our communities devastated by the storms from this week.”
Five thousand dollars will immediately be directed to the First Baptist Church of Moore to assist with an immediate need of feeding 50,000 meals this week to all the victims who lost their homes, thousands of insurance adjusters, police, fire and media, according to Quail Creek Bank President and CEO Doug Fuller.
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FDIC releases guidance for financial institutions affected by storms
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Oklahoma affected by severe storms and tornadoes. The affected areas in Oklahoma are Cleveland, Lincoln, McClain, Oklahoma and Pottawatomie counties.
Click here to read the guidance.
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OBA Foundation collecting monetary donations
We're asking all OBA-member banks and their employees to be generous and make a tax-deductible contribution to the OBA Foundation in support of the victims of the recent severe storms. Your bank's participation and the participation by your employees will help us put together a good-sized fund from and on behalf of the banking industry. We'll work with the bankers on the ground in Moore and the other affected communities to make certain the money gets to the places where it will do the most direct good.
Either click on the above "Donate" button, or make your bank check and your personal check payable to the OBA Foundation and mail it to "OBA Foundation", P.O. Box 960173, Oklahoma City, OK 73196-0173. We'll take it from there. Please join with us and make a tax-deductible contribution to help these folks in Moore, Shawnee and the surrounding areas.
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State banking department urges banks to cooperate with storm victims
The Oklahoma State Banking Department released a bulletin Tuesday urging all financial institutions to cooperate and aid with storm victims with their banking needs.
The bulletin encouraged banks and credit unions in the affected areas to cooperate with customers and non-customers alike to assist in cashing or depositing checks representing insurance proceeds. It may include waiving fees that may otherwise be a part of your fee schedule.
Click here to read the bulletin.
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