Tuesday, November 24, 2020

Week of Feb. 27

In This Issue…

Regulatory relief bill close to Senate action
Interested in leading our Emerging Leaders?
2018 Senior Management Conference set for April in Las Vegas
OBA education corner …

Regulatory relief bill close to Senate action

We are very close to Senate action! S. 2155 may be voted on as a bipartisan piece of legislation in the next two weeks!

Don’t give up. Call Sens. Inhofe and Lankford. Tell them “thank you” for supporting Oklahoma banks and their customers.

Here’s more from ABA this morning:

In a print ad running in Politico this week, ABA thanked the 13 Republicans, 12 Democrats and one independent who co-sponsored S. 2155, the bipartisan regulatory reform bill that could receive a Senate vote as early as next week.

The bill, which was championed by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Sens. Jon Tester (D-Mont.), Heidi Heitkamp (D-N.D.), Mark Warner (D-Va.) and Joe Donnelly (D-Ind.), includes several provisions that are part of ABA’s Blueprint for Growth, including a Qualified Mortgage designation for mortgages held in portfolio, a substantial increase in the SIFI designation threshold and relief from stress tests and exam requirements for certain institutions.

With a vote on this legislation imminent, ABA is urging all bankers to call their senators and ask them to vote for the bill. To date, more than 6,200 bankers have sent 13,990 messages to senators.

View the ad.  

Take action now.

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Interested in leading our Emerging Leaders?

The OBA is interested in hearing from bankers interested in serving as chairperson of the Emerging Leaders Division.

Any OBA Emerging Leaders who are currently enrolled in OBA Emerging Leaders Academy or have previously graduated from an OBA Leadership Academy are eligible for the position.

The Emerging Leaders chair will serve a two-year term and will work closely with OBA staff to continue to build and direct the OBA Emerging Leaders program. The chairperson will also serve as a non-voting member on the OBA Board of Directors.

Are you interested? If so, download the Emerging Leaders-Chair Interest Form by clicking here!

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2018 Senior Management Conference set for April in Las Vegas

The Oklahoma Bankers Association 2018 Community Bankers Leadership & Senior Management Conference is scheduled for April 8-10 at the Four Seasons Resort in Las Vegas.

This year’s conference features an exciting lineup of speakers, including Ray Adler, with BTI Growth Advisors; Rob Engstrom, with the ABA; David Furnace, with Haberfeld Associates; Chet Fenimore, with Fenimore Kay Harrison Ford; and representatives from McAfee and Taft. Topics covered by these speakers include the view from Washington, best practices in corporate governance, legal issues, 21st Century enlightened leadership and a mortician’s guide to retail banking.

One of the key benefits in the conference will be talking with your peers. Attendees at the OBA 2018 Community Bankers Leadership & Senior Management Conference will be surrounded by those with similar titles, similar workloads, similar problems and likely solutions to issues that can be just as similar.

If you have any questions or want to get signed up, contact the OBA’s education department at 405-424-5252, or click here to download a brochure and registration form!

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OBA education corner …

A new website and new-look online registration belies the fact the OBA is still offering the same thing as it was before: top-notch continuing education for our member bankers!

Remember to stay current will everything that’s coming up on the Events Calendar at OBA.com, but also take note of the following:

    • Commercial Construction Lending, March 5, webinar — This program provides an overview of the key steps involved in effectively administering commercial construction loans.
    • How to Analyze a Start-Up Business, March 8, webinar — This program will use business plans and the information contained within them to demonstrate to lenders the ways in which they can analyze start-up ventures in order to make better credit decisions.
    • Call Report Seminar, March 13, Oklahoma City — Anyone responsible for preparing, auditing or signing the call report will find the program valuable.
    • Understanding the New Mortgage Servicing Rules, March 14, webinar — On Aug. 4, 2016 the Consumer Financial Protection Bureau published revisions to the Dodd-Frank rules for servicers. Most of the revisions took effect on Oct. 19, 2017. The provisions relating to successors in interest and the provisions relating to periodic statements for borrowers in bankruptcy will take effect April 19, 2018.
    • BSA Series: Completing CTR & SAR Reports Line by Line, March 14, webinar — These two sections are a line-by-line look at the forms and your requirements to file. Timelines, identification, RSSDs and exemptions will all be covered.
    • Cybercrime and the Dark Web, March 15, webinar — Understanding how the internet is leveraged for crime gives us a better understanding how to protect our institutions. We will also explore the types of cybercrime affecting financial intuitions and how to counter these risks.
    • Handling Accounts, Check and IRS Reporting at Death, March 15, webinar — When your deposit customer dies, many issues and questions arise. Who can have information on the account? Who owns the account? What has access to the account? These are some of the questions that will be answered.
    • BSA/AML Compliance Management, April 3 – Tulsa; April 4 – Oklahoma City — This is our flagship BSA/AML training event. The program incorporates a review of all of your institu-tion’s BSA’s technical compliance responsibilities; it is the annual review everyone needs to remember their critical duties. It also reviews the required elements of your AML program from CIP to en-hanced due diligence.

In additional news, now is the time to GET INVOLVED with your industry and your Association! The easiest and best way to do this is to join an OBA committee. There are several to choose from, ranging from school boards to agriculture and bank fraud. Click here to learn more about OBA committees and to download a Committee Interest Form!

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