Monday, November 30, 2020

Week of July 3

Greetings from Guy

By Guy Sims
OBA Chairman

While the health care debate is taking up all of the oxygen in Washington, the next item on the agenda for the Republican congress is tax reform. 

The plan is to have the framework hammered out by September and have a bill passed and signed by year-end. The house has been working on this issue since the first of the year and parts of the plan are beginning to leak out.

Part of the house plan calls for the elimination of the business interest deduction. This proposed change has the potential to have a major impact on the community banking industry and the customers we serve. I hesitate to try to wade into the weeds on this issue because of the complexities – many of which I’m not qualified to comment on.  

I do know the goal is for the tax plan to be revenue neutral, which tells me there will be winners and losers. This issue deserves our attention and needs to be closely monitored. 

Hope everyone had a happy and safe 4th of July.
 
Respectfully,

Guy Sims
OBA Chairman

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Answer leadership’s call: OBA Emerging Leaders Academy accepting applications

Take note the OBA 2017-18 Emerging Leaders Academy is currently accepting applications.

We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new heights with powerful speakers offering information leaders need for effectively maneuvering in today’s business climate. Each session helps participants become true leaders by understanding those around you through non-traditional methods.

Additionally, in 2018, the OBA Board of Directors will add a voting seat for an Emerging Leader. Academy graduates will be given preference for this seat.

The OBA extends an invitation to any employee of a bank that is a member of the OBA to apply. A panel of bankers will review the applicants and choose those accepted into the Academy. Participants must attend all sessions to successfully graduate from the program.

There are six sessions to the Academy: Sept. 29, Oct. 13, Nov. 9, Jan. 26, Feb. 20, March 16.

Click here for more information or to apply! For more information, please contact Megan McGuire at (405) 424-5252 or megan@oba.com.

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Annual Washington Visit scheduled

The OBA’s Annual Washington Visit has been scheduled for Oct. 1-3 and the hotel will be the Mayflower. Registration information should be hitting your bank shortly, 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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OBA education corner …

Summer is officially here for the OBA education department, and while that means things might slow down a bit, it sure doesn’t mean they stop! Take a peek at the upcoming events: