In This Issue…
- OBA, ABA, state bankers associations send letter to financial regulators about freedom with business decisions
- Last opportunity for lienholder training before July 1
- Conference of State Bank Supervisors names new president/CEO
- OBA brings back salary compensation survey
- Oklahoma Bankers Hall of Fame taking nominations for 2022 inductees
- OBA education corner …
OBA, ABA, state bankers associations send letter to financial regulators about freedom with business decisions
The OBA and ABA, along with all other state bankers associations, recently co-signed a letter to financial regulators about the ability to continue making business decisions without government interference.
“There is growing concern from our member banks about the impact those efforts may have on their continued ability to provide critical financial services to the customers and the communities they currently serve,” the associations wrote in the letter.
The associations noted disclosures, standards and guidance related to environmental, social responsibility and governance factors are “often cast as flexible, non-binding, or targeted to certain segments of the market, while allowing for long transitions. In reality, the individual and cumulative effects of these agency actions have the potential to be acute, widespread, and anything but neutral.”
You can click here read the entire letter, sent on June 23.
Last opportunity for lienholder training before July 1
The Oklahoma Tax Commission will host a final meeting for lienholder training before Oklahoma officially becomes a lienholding state on July 1.
The meeting will be at 10:30 a.m. on Thursday.
Conference of State Bank Supervisors names new president/CEO
The Conference of State Bank Supervisors Board of Directors has announced the appointment of James M. Cooper as president and CEO.
Cooper had served as acting president and CEO after the sudden death of CSBS leader John W. Ryan on May 16.
Cooper’s appointment follows a nine-year tenure at CSBS, during which he directed policy and supervision as senior vice president and more recently as executive vice president. Before joining CSBS, Cooper was deputy director at the Indiana Department of Financial Institutions from 1994 to 2013.
OBA brings back salary compensation survey
The OBA is partnering with Blanchard Consulting Group to offer the 2022 Salary and Cash Compensation Survey, with specific reporting on Oklahoma banks.
This survey focuses on gathering salary and cash compensation (salary plus annual cash incentive/bonus) data for approximately 25 executive positions and over 150 middle management and staff level positions. This data can be used by human resource professionals to assist in assessing the competitiveness of base salary for most positions in your bank, developing or managing salary grades, and making salary increase decisions.
To complete the survey, or to find out more information, please download the form by clicking here. If you would like to pre-order your copy of the survey or if you have any survey questions, please contact Laura Roth at firstname.lastname@example.org or 612-886-1225.
Oklahoma Bankers Hall of Fame taking nominations for 2022 inductees
The OBA will be taking nominations for 2022 Oklahoma Bankers Hall of Fame inductees through the middle of July.
The Hall of Fame was created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the Hall of Fame is intended to recognize bankers’ achievements on behalf of the Association’s member banks.
The following criteria will be considered by the nominating committee when selecting individuals to be nominated for selection to the Hall of Fame:
- Affiliation (past or present) with an Association member bank.
- Service on boards or committees of the Association.
- Participation in the activities of banker trade associations at the national level, such as the American Bankers Association and Independent Community Bankers of America.
- Contributions to the development, improvement and growth of the banking industry in Oklahoma.
- Whether the individual has had a significant impact on the manner in which financial services are provided to consumers.
- The individual has demonstrated the importance of community involvement and participation in the work of various community groups at the local, state and national levels.
- The number of years of service to the state and the industry.
Nominations for induction into the Oklahoma Bankers Hall of Fame may be made by any bank employee of an Oklahoma bank. There is no limit on the number of nominees that can be presented to the nominating committee in any given year. Nominees may be either living or deceased.
Nomination forms are available by clicking here and can also be obtained by calling the Association (405/424-5252) or emailing email@example.com. Anyone who was on the ballot previously but not elected will automatically be included with applications received this year for ballot selection by the Nominating Committee. They don’t need to do anything but are welcome to “update” their application if they’d like. The application and other helpful information are available on our website.
Note: The deadline for receipt of applications is July 15, 2022.
OBA education corner …
Don’t light that firecracker while its in your hand!
Now that we’ve got that public service announcement out the way, we’ll share another: Things quiet down around the OBA education department in July! So, we’ll take advantage of the quiet period to prepare for ALL the TONS of programs we have starting in August.
While only a handful of things are upcoming, it doesn’t mean those handful of things should be ignored! Take note of the following!
- UCC Rules: How to Comply to Attach and Perfect Secured Transactions, July 7, webinar — Learn how to document, close, and record secured transactions covered by the Uniform Commercial Code.
- Employee Engagement & Retention Strategies, July 8, webinar — Retaining and engaging in a new world of work – does this sound like something you can relate to? The Great Resignation has disrupted employers and in turn negatively impacted organizational engagement and culture.
- TRID for Beginners, July 12, webinar — This webinar will take a look at TRID from a beginner’s perspective. This is a great opportunity for you and your team to learn the basics.
- Fair Lending Compliance Issues in 2022, July 13, webinar — In this webinar, we’ll go in-depth with a discussion of fair lending principles, expectations, and techniques. We’ll explore what’s new in the area of fair lending, to new interpretations of protected classes, to future potential legislation.