Friday, November 27, 2020

Week of July 30

In This Issue…

Replay of SAR webinar available to view
OBA seminars scheduled on banking marijuana-related businesses
Oklahoma City Dodgers offering special deal for OBA-member bankers
OBA education corner …

Replay of SAR webinar available to view

Recently, the OBA, along with FinCEN and the Bureau of Consumer Financial Protection (formerly the CFPB) held a webinar on Suspicious Activity Reports. Featuring the OBA’s Elaine Dodd, this webinar gave great insight on SARs and could be of assistance to bankers in the operations or compliance areas of their banks.

Click here to access the replay of the webinar (simply have to fill in your name and email as the meeting number and passcode are already entered).

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OBA seminars scheduled on banking marijuana-related businesses

With the above in mind, as you might imagine, we’ve had a number of calls from bankers asking us what the passage of SQ 788 means for their business. Specifically, several have asked us what they can and cannot do with respect to “banking” anyone in or associated with a business that operates in the chain of ultimately getting marijuana to Oklahomans for medicinal purposes.

Our Association’s general counsel, Mary Beth Guard, will be putting on a program next month outlining what it’s all about. “Preliminary Considerations for Banking MRB’s” (MRBs – Marijuana Related Businesses) will be held in Oklahoma City and Tulsa – click on each link below for more information and to register:

Tuesday, Aug. 7 — OBA’s Harris Event Center, Oklahoma City
Wednesday, Aug. 8 — Southern Hills Marriott, Tulsa

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Oklahoma City Dodgers offering special deal for OBA-member bankers

The Oklahoma City Dodgers baseball club is offering a special package for all bankers employed at OBA-member banks. Bankers can get field seats for the Aug. 23 game against the Omaha Storm Chasers, a Corey Seager straw tumbler, a limited edition OKC Dodgers baseball cap and $4 worth of Dodger Dollars pre-loaded onto each ticket, all for the cost of $16 per ticket.

Simply click this special link for OBA members to order the tickets directly from the Dodgers! We hope our bankers and their families enjoy themselves with a night at the ballpark!

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OBA education corner …

Summer is most certainly upon us and the beach and mountains are calling many of our names! If, however, more work-related pursuits are your idea of taking advantage of these months of the calendar, the OBA has you covered! Take note of the following:

  • Crimes Against Your Customers: Frontline Staff Training, Aug. 8, webinar — During this program we will conduct staff training to detect and prevent four big crimes against your customer.
  • Dealing With Casual Days, Dress Codes and Work Appearance, Aug. 9, webinar — This program will cover the practical and legal issues and the current trends in workplace appearance and what you should and shouldn’t do about it.
  • Three Key Risk Assessments in Your ERM Program, Aug. 14, webinar — This webinar will first take you through a basic review of what is ERM and the basic steps to develop strong risk assessments to address key areas of your institution.
  • 2018 Loan Structure Documentation and Compliance, Aug. 15, Tulsa; Aug. 16, Oklahoma City — These full-day seminars will discuss loan structures for the bank.
  • Dealing with Appraisals: Regulations and Requirements, Aug. 15, webinar — We’ll provide in-depth details of the appraisal and valuation process, from both the lender and appraiser side of the game, to provide a thorough understanding of what is required and what you need.
  • SSAE18 or SOC 2 – What Provides Value?, Aug. 16, webinar — We will explore the different types of SOC reports provided by vendors and highlight the best items that should be requested from vendors.
  • Call Report for Banks – Recent Changes, Highlights and Pitfalls, Aug. 17, webinar — The webinar will cover the latest revisions, including any changes resulting from the banking bill recently signed by President Trump. In addition, updates due to revisions in accounting standards, other areas of concern, and common errors made during call report preparation will be reviewed.
  • 2018 OBA Compliance School, Aug. 27-31, Oklahoma City — This school is designed to provide an extensive body of knowledge and information on consumer compliance that can contribute to the development of compliance officers and to their associated functions, both of which have become an integral and essential part of our evolutionary banking industry.
  • Supervisor Boot Camp, Sept. 5-6, Oklahoma City — This two-day program is exactly what you are looking for if your bank strives to keep supervisors on the competitive edge! You will work and learn, share and listen and go back eager to implement and make a difference.
  • 2018 OBA Basic Banking School, Sept. 10-13, Oklahoma City — The school is designed to introduce students to basic banking concepts as they relate to the overall functioning of a bank.

Additionally, save the date for this year’s OBA Technology Summit. It’s set for Oct. 25 in Oklahoma City and will cover timely topics such as cybersecurity and business continuity. The OBA will be partnering with RSM US to present the program, and community bank IT professionals and managers should plan to participate. Look for registration to open later in August.

Finally, the dates are set for the 2019 OBA Senior Management Conference as well as the 2019 OBA Convention. Put these dates and locations on your calendar for early planning!

  • 2019 OBA Senior Management Conference, Sheraton Grand at Wild Horse Pass, Phoenix, Arizona, April 7-9.
  • 2019 OBA Convention, Edmond Convention Center and Hilton Garden Inn, Edmond, May 20-22.

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