Tuesday, April 23, 2024

Week of March 7

In This Issue…

ABA unveils new consumer polling data on major bank policy issues

U.S. consumers are happy with their bank, value overdraft protection and support cannabis banking, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association.

The survey found that nine in 10 Americans with a bank account (89%) say they are “very satisfied” or “satisfied” with their primary bank and 88% agree they have multiple options when selecting products and services such as bank accounts, loans and credit cards.

Click here to read the entire release about the survey.

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OBA Bankers’ Night Out programs begin March 23

The dates for the OBA Bankers’ Night Out programs have been finalized, with the Enid date coming soon. Mark your calendar for the date of the program that’s in your area of the state and plan to attend.

Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition to state and federal legislative updates, the program will include a discussion on the recent developments in your industry.

As in the past, the schedule for each of these meetings is:

5:30 p.m. – Drinks
6:15 p.m. – Program
7 p.m. – Dinner

PRE-REGISTRATION IS REQUIRED. The cost is $50 per person. Locations and dates for this year’s events are:

  • Wednesday, March 23 – Enid at Oakwood Country Club.
  • Tuesday, March 29 – Lawton at Lawton Country Club.
  • Thursday, March 31 – Krebs at Pete’s Place.
  • Thursday, April 14 – Guymon at Hunny’s.
  • Monday, April 18 – Tulsa at Tulsa Marriott Southern Hills.
  • Wednesday, April 27 – Oklahoma City at Embassy Suites Downtown/Medical Center.

Click here for a registration form or register online. Also, click here for a sponsorship form.

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Banking school scholarships, OBA scholarship, available

Several scholarships are now available to bankers from OBA-member banks for various graduate schools of banking and programs at those GSBs.

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).

Below are the available scholarships. Contact the OBA education department for more specific information about each scholarship:

Additionally, each year, the OBA awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, sibling or spouse who is a Professional Member of the Association.

The student must enroll in an accredited Oklahoma institution of higher education. The applicant must also be graduating from an Oklahoma high school. A panel of bankers will select the winning applicant.

Click here to access the application for the 2022 scholarship. Applications are due April 15, 2022. Contact Megan McGuire with any questions.

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OBA education corner …

The weather has entered M. Night Shyamalan movie territory. Just when you think it’s one things, ZAP, it’s another! We could hear the opening lines to a movie trailer about our recent weather: “In a world where it’s 80 degrees one day and 30 degrees the next, your closet is a disaster as your attempt to rifle through a mix of summer and winter clothing …” In your haste to figure out if you need a coat today or not, take a break and sit down to plan out your upcoming continuing educational schedule, including the following:

  • Responsibilities of the Information Security Officer, March 15, webinar — We will review various regulatory guidance that outlines ISO responsibilities and reporting structures. Additionally, various educational paths that can help develop your skills in the future.
  • Wire Transfer Compliance, March 16, webinar — We will cover the regulatory requirements for both domestic and international wires, provide sample audit procedures and discuss how to identify and react to possible wire fraud attempts. In addition, we will identify vulnerabilities in systems and processes that can expose financial institutions to cyberattacks and increase liability.
  • CRA – Review And Update, March 16, webinar — It has been years since the federal bank regulatory agencies have overhauled the Community Reinvestment Act regulations. Right now, major revisions are unfolding, but in awkward manner.
  • Letter of Credit, March 22, webinar — Whether your bank issues letters of credit, accepts letters of credit or takes liens on letter of credit rights, this program is for you.
  • Legal Liabilities When Check Fraud Occurs, March 23, webinar — This webinar provides attendees with an overview of the laws that control loss allocation when check fraud occurs.
  • 2022 Branch Management Workshop, March 23-24, Oklahoma City — This fast-paced, results-oriented series focuses on the critical success skills for managing and leading during this unprecedented time. The two-day workshop is packaged full of checklists, job aids, case studies, examples, and “real world” situations.
  • Basic Personal & Business Tax Return Seminar, April 8, Oklahoma City — Attend this proactive seminar and gain an understanding of the often complex and confusing topic of TAXES!

Additionally, the Oklahoma Bankers Association 2022 Senior Management Conference is scheduled for April 3-5 at the Bellagio in Las Vegas. One of the key benefits in the conference will be talking with your peers. Attendees at the OBA 2022 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 download a brochure and registration form by clicking here!

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