Tuesday, April 16, 2024

Week of April 18

In This Issue…

Okemah banker elected as OBA Emerging Leaders chair

Julie Stovall, with American Exchange Bank in Okemah, was elected by a vote of her peers to be the incoming OBA Emerging Leaders chair.

Stovall 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 chair will also serve as a member on the OBA Board of Directors.

Stovall has been in the banking industry for more than 25 years and is a 2017 graduate of the OBA Emerging Leaders Academy. She currently serves as Okemah market president for American Exchange Bank, a position she has held for three years.

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Bankers’ Night Out programs wrap up next week in Oklahoma City

The OBA Bankers’ Night Out programs wrap up next week with the final stop set in Oklahoma City at the Embassy Suites Downtown/Medical Center.

At previous stops this spring, the programs have been highlighted by short speeches from candidates for various statewide offices. The Oklahoma City event will be no different as we expect to hear from candidates for the state’s attorney general and treasurer’s races, as well as from some of those vying to replace retiring Sen. Jim Inhofe.

Currently slated to attend are:

  • Gentner Drummond.
  • John O’Connor.
  • Todd Russ.
  • Clark Jolley.
  • Luke Holland.
  • Kendra Horn.
  • Representatives from the T.W. Shannon and Markwayne Mullin campaigns.

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

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Biden announces Barr as nominee for Fed vice chairman for supervision

President Joe Biden on Friday announced he will nominate Michael Barr to serve as the next vice chairman for supervision at the Federal Reserve.

Barr – who is currently a law and public policy professor at the University of Michigan – served in the Treasury Department during the Obama administration and was a chief negotiator during the drafting of the Dodd-Frank Act.

Barr’s nomination comes after Sarah Bloom Raskin, President Biden’s first pick for vice chair, withdrew her nomination last month.

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Time to relive 1980s with OB80s convention!

Registration is now open for 2022 OBA Convention!

Do you have jams and day-glo shirts in your closet?

Do you long for the days of playing Space Invaders and Pac-Man at the local arcade?

Are Simple Minds and Thompson Twins blaring out of your car speakers?

Is watching Jake Ryan surprise Samantha in front of the church your idea of feel-good movie watching?

If any of the answers to the above questions were “yes” … and quite honestly, even if your answers were, “Huh?” we think the 2022 OBA Convention is for you!

The 2022 OBA Convention & Trade Show is set for May 18-20 at the Omni Hotel in downtown Oklahoma City. This year’s theme is centered around that decade of decadence, the 1980s – hence our convention name of “The OB80s

Registration is NOW OPEN for the event, so it’s time to get yourself and your bank co-workers signed up for this year’s event.

While the final agenda and speaker list is being finalized, we can tell you this year’s Convention will feature an 1980s-themed exhibitor reception followed by a planned excursion to the Flashback Retropub to really revel in those 80s vibes!

Don’t wait! Get registered now: Click here to download the registration brochure … or contact the OBA education department at 405-424-5252.

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OBA education corner …

First things first: Have you registered for the OBA Convention yet? If not, check out the story right above this one. Once that’s done, then take a peek at the other upcoming educational opportunities we have planned for you!

  • Compliance 101 for New Compliance Officers, April 25, webinar — This session is designed to provide a new compliance officer with tools to help make the transition on their new role easier; it can also provide long-term compliance officers with a refresher on regulations and resources.
  • E-Sign for Deposit Accounts – Challenges & Solutions, April 27, webinar — This informative session will be helpful to ensure deposit compliance with e-banking and is targeted for compliance officers, risk managers, deposit operations managers, business development managers and others responsible for managing online banking, E-SIGN compliance, e-statements and e-disclosures for deposit accounts.
  • 2022 Rural Bankers/Ag Conference, April 28, Oklahoma City — Bankers in agricultural and rural markets should plan to attend this year’s conference, which several great speakers!
  • Introduction to Conducting a Compliance Audit/Review for New Compliance Officers, May 3, webinar — This webinar will provide an overview of the tools and resources available for conducting a compliance review as well as areas to review and questions to ask.
  • Fair Lending, May 4, webinar — Fair Lending is one of those compliance topics that continues to be on examiners “hot” list. Illegal discrimination, whether intentional or not, is a big deal so we don’t anticipate any relaxation in this area any time soon.
  • Advanced Commercial Lending Series, May 4-Financial Statements and Cash Flow Analysis; May 5-Tax Return Analysis; May 6-C&I and CRE, Oklahoma City — Commercial lenders, credit analysts, relationship managers and credit administrators should look at these advanced classes and consider attending!
  • Seven Habits of Effective Credit Administration, May 5, webinar — This course will address the factors you need to know to make a positive difference in the credit administration at your bank.
  • Bank Call Report Preparation for Beginners, May 5, webinar — The webinar series will generally cover the Call Report in schedule order, however, grouping certain schedules based upon reporting content will be woven into the curriculum.
  • Onboarding Your New Hire, May 6, webinar — What does onboarding look like in your organization? What do you want it to look like? Onboarding should not be an after thought as it is the new hires first impression of the company they are going to work for.

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