Oklahoma Bankers Association We make bankers better!
In This Issue…
- From Adrian’s desk …
- FRAUD ALERT: ATM jackpotting events pick up again
- OCC to divide supervisory functions by bank size
- Deadline approaching for OBA Emerging Leaders Academy applications
- OBA education corner …
From Adrian’s desk …
By Adrian Beverage
OBA President & CEO
Just some random tidbits that might be of interest to our bankers this week!
• • •
Our Annual Washington Visit went off with nary a hitch last week! With around EIGHT DOZEN bankers in attendance, I think we certainly made an impression on the regulators and legislators we met with.
I’ll have a more in-depth recap in the October issue of the Oklahoma Banker newspaper, but feel free to check out photos from the visit, courtesy of Megan!
• • •
The fight at the Fed board continues as President Trump is now asking the Supreme Court for permission to remove Gov. Lisa Cook from the board. Trump intended to remove her last month, but was blocked by a U.S. district court.
It’ll be interesting how it all unfolds, but we hope whatever happens in the end doesn’t have too much of a direct impact on banks.
• • •
Welp, I guess we never expected to go undefeated, but I hate that Nebraska got its first loss while still in September. Michigan ran over, around and through my ‘Huskers, enroute to nearly 300 rushing yards.
My takeaway: After watching the Wolverines, I think OU has one helluva defense.
FRAUD ALERT: ATM jackpotting events pick up again
Multiple ATM jackpotting attacks took place in the last week in Arkansas.
Specifically, recently in Russellville, Fayetteville and Hot Springs, and last night in Van Buren and Mena. This is a reminder to all financial institutions with island ATMs to make sure they are alarmed at all times and to respond immediately to an alarm alert.
Ask local law enforcement to watch for unusual activity at your ATM, such as the hood open between midnight and 5 a.m.
For additional information please see previous OBA Updates with information on ATM jackpotting from March 24, 2025, and June 4, 2024.
OCC to divide supervisory functions by bank size
The Office of the Comptroller of the Currency will split its bank supervision and examination division into three distinct units based on bank size, the agency announced last week.
The move reverses a decision earlier this year by OCC’s previous leadership to combine its midsize and community bank supervision and its large bank supervision departments into a single entity.
Starting Oct. 1, the OCC will divide the Bank Supervision and Examination group into three units: Large and Global Financial Institutions, Regional and Midsize Financial Institutions and Community Banks. Each unit will be led by a senior deputy comptroller who will report to Comptroller of the Currency Jonathan Gould.
The Large and Global Financial Institutions will include financial institutions with assets of more than $500 billion and those with a foreign parent. The Regional and Midsize Financial Institutions group will supervise institutions between $30 and $500 billion in asset size. The Community Bank group will supervise institutions with up to $30 billion in assets.
Deadline approaching for OBA Emerging Leaders Academy applications
Take note the OBA 2025-26 Emerging Leaders Academy is currently accepting applications, with the deadline being Friday of this week!
We’re looking for the best and brightest bankers who seek to sharpen their leadership skills.
There are six sessions to the Academy: Nov. 13, Dec. 11, Jan. 23, Feb. 25, March 27, April 24. Each session delivers takeaways that can be implemented immediately. Graduation will take place in May 2026 at the OBA Annual Convention.
Academy applicants should be able to demonstrate an increasing level of responsibility, potential for continuing to play a leadership role in Oklahoma banking and a desire to further their careers and grow professionally. A panel of bankers will review the applicants and choose those accepted into the Academy (maximum 30 bankers).
Click here to apply! For more information, please contact Megan McGuire at megan@oba.com or (405) 424-5252.
OBA education corner …
Last week we were in the random music category, and there we shall stay because we caught ourselves listening to a bit of Meat Loaf last week. No, not the food product, but the singer who treated songs like they owed him money. Meat Loaf would absolutely sing the HECK out of songs, to the point you couldn’t help but try (and fail) to sing along. From his 70s classics like “Bat Out Of Hell” and “Two Out Of Three Ain’t Bad” to his 1993 megahit “I’d Do Anything For Love (But I Won’t Do That)“, we hope the one thing you WON’T do is avoid taking the time to check out what’s happening on the continuing education front, including the following:
- Reg. E Decoded: A Workshop on Electronic Funds Transfer Regulations, Oct. 1, webinar — In this session, we will review the specific error resolution requirements of Reg E, discuss procedural best practices and provide tips on documenting your investigation.
- Artificial Intelligence and Cybersecurity, Oct. 1, webinar — What are the common cyber threats and mitigating controls that should be included in the IT risk assessment process?
- Real Estate Lending Compliance, Oct. 1-2, Oklahoma City — This program provides an overview of the real estate lending requirements from 10 regulations, along with comprehensive coverage of selected topics, policy suggestions, employee training tips, audit techniques and steps to eliminate past problems.
- 2025 Head Teller Training: All-Day Streaming, Oct. 2, webinar — Need help with training head tellers? This series is for you. We will tell you the why behind many of the things we do at the teller line.
- Avoiding Check Fraud Liability: From Prevention to Loss Allocation, Oct. 2, webinar — This webinar provides attendees with tips to avoid check fraud losses, as well as an overview of the laws that apply to loss allocation when check fraud occurs.
- The State of UDAAP: Where Are We Now With All The Regulatory Changes, Oct. 3, webinar — The terms “UDAP” and “UDAAP” are perhaps the most significant ones ever to affect financial services compliance.
- Fair Lending Essentials and Update, Oct. 7, webinar — In this session, you’ll review the key elements of an effective fair lending program, gain tactical tips for maintaining compliance, and learn to avoid common challenge areas that leave your institution open to unnecessary risk.
- Strategic Planning for your Institution: It’s All About Your Strategy!, Oct. 9, webinar — The environment for community financial institutions has changed drastically in the past five years due to shifts in interest rates, emerging technologies, evolving consumer preferences, market changes, and recent institution failures. These factors necessitate a fluid and adaptable strategic plan.
- 2025 IRA Basic and Advanced Issues, Basics: Nov. 4-Tulsa, Nov. 6-Oklahoma City; Advanced: Nov. 5-Tulsa; Nov. 7-Oklahoma City— IRA providers are scrambling to adjust their policies, procedures, forms and communications to comply with the ongoing substantive changes to the laws governing IRAs.
- 2025 OBA Operations School, Nov. 17-21, Oklahoma City — This school is designed to prepare junior-level officers to mid-level operations managers to manage effectively and efficiently an operations function within a bank.
Additionally, the 2025 Rural Economic Outlook Conference, hosted by OSU Extension, will take place on Oct. 8 in Stillwater. This all-day event is a must for those who work closely in the agricultural markets.