Sunday, February 16, 2020

Week of Feb. 3

In This Issue…

Register for OBA’s 2020 Contact Banker Program

We have set the dates for the 2020 Contact Banker Program. Click here to find a sign-up form with the dates listed for this year’s program. We ask you select what dates work best for you and return your form to adrian@oba.com. Once we have the groups finalized, we will send an email confirmation of your date.

On the date you select, there will be a short briefing before we start walking the halls of the Capitol. Please know, we will stay together as a group the entire morning. We will do our best to have you spend a few minutes with both your state senator and state representative to either start a new relationship or strengthen one already in place. We won’t ask you discuss the merits of current legislation – we want you to just chat with your members about issues that may affect your community or other pressing matters. Depending on what week you select, we will either sit in on a committee meeting or in the gallery to watch the action on the floor. Once we have finished all of our business at the Capitol, the OBA will take everyone to lunch to discuss the events of the morning.

This is our 20th year to have the program, and all legislators know there will be bankers at the Capitol on Tuesdays (and some Wednesdays), and we always have legislators asking when their bankers are going to visit. Everyone at the Capitol knows bankers are involved in the political process and they are watching how they vote. All of this success is because of the Contact Banker Program.

This program is meant for all employees at the bank. There is no cost to attend other than your time.  Please complete this registration form and send it to adrian@oba.com.

Should you have any questions please don’t hesitate to contact Adrian Beverage (adrian@oba.com / 405-424-5252).

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Credit card use expanded in third quarter of 2019

Credit card use increased in the third quarter of 2019, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor.

Seasonally adjusted purchase volumes rose among prime (+0.8% or $3.85/month) and super-prime (+0.2% or $1.07/month) accounts compared to the previous quarter, consistent with solid consumer spending growth during the same period, while subprime purchases fell slightly (-0.3% or $0.67/month). On a year-over-year basis, purchase volumes increased moderately for super-prime (+4.4%) and prime (+5.5%) accounts, while subprime account spending grew more modestly (+1.9%).

To read the full release, visit https://www.aba.com/about-us/press-room/press-releases/aba-report-credit-card-use-expanded-in-third-quarter-of-2019

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New employee benefits survey readied

Blanchard Consulting Group and the OBA would like to invite you to participate in our 2020 Compensation Trends and Employee Benefits Survey.

The survey covers recent trends in various compensation programs such as: annual incentive plan design and payouts, equity/long-term incentive programs, executive benefits, including employment/change-in-control agreements, deferred compensation plans/supplemental executive retirement plans, perquisites and employee benefits surrounding 401K plans, tuition reimbursements, medical coverage and more.

This survey will provide valuable market data on a wide variety of compensation related topics.

Below is the pricing for the 2020 Compensation Trends and Employee Benefits Survey results (results will be provided via email in PDF format):

  • OBA Member Participants: $150
  • OBA Member Non-participants: $300

To complete the survey, please click here. The deadline to submit is Friday, Feb. 28.

If you would like to pre-order your copy of the survey, or if you have any survey questions, please contact Laura Roth at surveys@blanchardc.com or 612-886-1225

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Registration open for 2020 Senior Management Forum

The Oklahoma Bankers Association 2020 Senior Management Forum is scheduled for April 5-7 at the Bellagio in Las Vegas.

One of the key benefits in the conference will be talking with your peers. Attendees at the OBA 2020 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.

The 2020 Senior Management Forum provides a valuable learning and networking opportunity for bank executives. Whether you are a president, CEO, executive officer or an emerging leader, the conference sessions will give you information to help you do your job better.

Here are the Top 10 reasons you should attend the conference:

10. Enjoy a helicopter ride, Ferris wheel or roller coaster!

9. Direct flights from Oklahoma City and Tulsa! Easy travel!

8. Headliner shows including The Academy of Country Music Awards, Kelly Clarkson, Wayne                          Newton, Jerry Seinfeld, numerous Cirque du Soleil shows, and many more!

7. Great dining options!

6. Fabulous shopping!

5. Weather: 320 days of sunshine.

4. Make new banking friends.

3. Reasonable room rates at the Bellagio.

2. Network with peers in a relaxed setting.

1. Outstanding education sessions!

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

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OBA’s Adrian Beverage celebrates 20th year

OBA Executive Vice President/Government Relations Adrian Beverage celebrated his 20th year at the OBA on Monday!

Beverage started at the Association in 2000 and has worked in the government relations area during his time here, and currently leads the OBA’s lobbying efforts at the state level.

Congratulations, Adrian!

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OBA education corner …

Afraid you’re gonna get caught out in “Snowpocalypse” this week? Instead, stay inside and catch up on the upcoming education events at the OBA. Here’s a list of what’s coming up:

  • Marketing & Advertising Compliance, Feb. 18, webinar — What can you say in advertisements? What must you say? What can you not say? Many sets of rules govern these questions, and more are on the way. How about your promotional efforts – contacting prospects and customers to let them know what you have available? As the compliance environment becomes more complex, your marketing department must stay on top of all the rules and regulations. This session can help.
  • The Four C’s of Exceptional Supervision, Feb. 19, webinar — This program will ramp up your leadership skills and address critical supervisory issues necessary to becoming an excellent manager. If you are ready to take your commitment and skill set to the next level register today for this program, you will be eager to put to work what you’ve learned!
  • 2020 Basic Personal & Business Tax Return Seminar, Feb. 20-21, Tulsa — Attend this proactive seminar and gain an understanding of the often complex and confusing topic of TAXES! The first part of this seminar will concentrate on personal tax return analysis while the second part will focus on the analysis of various business tax returns.
  • Top 10 Most Frequent Flood Issues, Feb. 25, webinar — Flood Insurance rules have changed continuously over the past few years. This webinar will cover topics such as: when flood insurance is required, how to determine the accurate amount of required insurance the borrower must purchase, what the purchase requirements are when multiple buildings are located on a property in a special flood hazard area, what steps should be taken if a flood hazard determination does not mirror the special flood hazard area dictated by the insurance company, etc.
  • Advanced TRID Compliance, Feb. 26, webinar — The TRID rules are complicated which can ultimately lead to errors and put your bank at risk. This webinar will point out the more complex areas and will also bring your attention to areas that are notorious for errors. Consider this webinar your “cheat sheet” to get you on the right track BEFORE your next examination.
  • 2020 Commercial Lending School, March 1-6, Oklahoma City — The Oklahoma Commercial Lending School is an intensive, one-week functional school designed for bankers with a basic understanding of credit and financial analysis. The school will demonstrate how to apply this knowledge in profitable commercial lending situations.
  • 2020 Branch Manager Workshop, March 11-12, Oklahoma City — This exciting workshop will focus on the next generation manager who will be leading the transition to customer relationship management and the skills that need to be developed to ensure they will exceed expectations and goals set for him or her. Participants will engage in discussions, small group activities, and skills practices to make sure ideas are shared and learning is entertaining and adopted.
  • 2020 Vendor Management Seminar, March 24, Oklahoma City — Susan Orr has assisted numerous institutions with developing their Outsourced Third Party Risk Management Program and will share her insights into developing an effective program in this full day seminar. We will do a deep dive into specifics of the Outsourced Third Party Risk Management Program and examiners expectations. Bring your Program so you can review it as we discuss what the Program should address.

One education program, in particular, to be aware of is the OBA Intern Program. The Intern Program will again be active in 2020 and we’re looking for participating banks! We are nearing the deadline to get your bank signed up for this opportunity and we can always use more participating institutions! For more information on this IMPORTANT program – important not only to aspiring students, but also to participating banks – Contact the OBA education department at (405) 424-5252 or click here for more information!

Also, several scholarships are now available to bankers from OBA-member banks for various graduate schools of banking. Applications should be submitted to the OBA’s Janis Reeser by email (janis@oba.com), regular mail (643 N.E. 41st St., OKC, 73105) or fax (405-424-4518). The scholarship recipients will be selected and announced no later than April 22.

Click on the links below for more specific information about each scholarship:

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