Oklahoma Bankers Association We make bankers better!
In This Issue…
- From Adrian’s desk …
- Treasury proposes rules for licensing of payment stablecoin providers
- Oklahoma Bankers Hall of Fame accepting nominations for 2026 inductions – deadline approaching!
- Join us in Washington, D.C.!
- Welcome new strategic members
- 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!
• • •
I was plumb tickled to see us hit triple digits on attendees for our virtual forums with Republican gubernatorial candidates Gentner Drummond and Mike Mazzei today! It was a great opportunity – unique and exclusive to OBA members only – for bankers to hear directly from the candidates!
I can’t thank Drummond and Mazzei enough for joining us, and I again salute the dozens of bankers on the call!
Now … regardless of the candidate of your choice, it’s time to get out AND VOTE!
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Is it just me, or does it seem the final three or so weeks before college football season begins moves slower than the previous three months?! I feel like we’ve been on the precipice of kickoff forever now.
Luckily, I still have my Cubbies to entertain me, and they’re certainly doing that. Anyone who loves baseball should enjoy watching Pete Crow-Armstrong play, regardless of which team you support!
Treasury proposes rules for licensing of payment stablecoin providers
The Treasury Department today released proposed rulemaking to require digital asset providers to obtain a federal or state license before issuing payment stablecoins, as required by the Genius Act.
Payment stablecoin issuers will need to obtain a state or federal license beginning on Jan. 18, 2027. They will not be allowed to offer payment stablecoins in the U.S. unless they have a license, beginning on July 18, 2028. The proposed rulemaking would define what it means to issue, offer and sell payment stablecoins for the purposes of the law, according to a Treasury statement.
Treasury is seeking public comment on the proposed rulemaking. Comments must be submitted within 60 days of publication in the Federal Register.
The rulemaking is just one of several proposals to implement the Genius Act. Treasury previously released proposed rulemaking to establish how federal regulators will review state regulatory regimes, as the law allows issuers to opt for state regulation if those regimes are substantially similar to the federal framework.
Oklahoma Bankers Hall of Fame accepting nominations for 2026 inductions – deadline approaching!
The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2026 class, with the deadline for doing so being Aug. 31.
For those interested in nominating a banker, here are some downloadable forms linked below – please return all nominations to Adrian Beverage (adrian@oba.com):
If a person was nominated previously, it is not necessary to re-nominate them – they will remain in consideration. Updates to their bio, letters of recommendation, etc., however, are always welcomed.
Second, as mentioned, a new process for selecting the inductees to each class was instituted in 2023. After discussion with leadership at the Oklahoma Hall of Fame about its processes, and learning about other methods from other organizations, the induction procedure for the Oklahoma Bankers Hall of Fame has been updated.
After all nominations have been received by OBA President and CEO Adrian Beverage, he will forward those nominees to the OBA chair (currently, Priscilla Cude), who will convene a committee of 11 individuals in September to select the inductees. These 11 individuals will be made up of the OBA’s Executive Committee, who will join a banker selected by the OBA chair from each of the OBA’s six geographical groups, as well as the chair of the OBA Emerging Leaders Division. The specific committee members will be completely anonymous to everyone outside of the current OBA chair.
These committee members will select the final inductees from the group of nominees given. They will also discuss any possible posthumous inductees who may have not been nominated.
Once the inductees have been selected, the OBA chair will inform Beverage and notification and preparations will be made by the OBA staff for the induction ceremony, which will be held this year in December at the Oklahoma History Center in Oklahoma City.
Following the 2026 selections, the current selection committee will immediately disband and a new committee will be picked the following year by the next OBA chair. Aside from the OBA chair and executive committee, the selection committee will remain anonymous with only the other committee members from that specific year knowing their identities.
Join us in Washington, D.C.!
Registration is open for the 2026 OBA Washington Visit, Sept. 20-22. Reserve your spot, book your hotel room and encourage one of your banking peers to join us in D.C.
The Washington Visit registration page includes the agenda, hotel information and everything you need to plan your trip.
Many bankers arrive Saturday and gather informally that evening before the Washington Visit officially begins Sunday evening.
Nearly 100 Oklahoma bankers participated in last year’s visit. Help us build an even stronger Oklahoma presence this year.
As you all know, in Washington, numbers matter. The bigger the group the more attention we’ll get. If we show up with more than 100 bankers, it will speak volumes to our delegation and the regulators.
Registration information is live on our website, but you can also download the registration and information form, and get more info on the hotel, by clicking here (.pdf). Click here to access the hotel reservation link.
If you have any questions, contact Megan McGuire at the OBA
Welcome new strategic members!
The OBA would like to extend a welcome to our latest strategic members:
Compliance First Banking Solutions
Compliance in banking can be more than a full-time job. It requires implementing constantly changing regulations from a complex banking and regulatory system at both the state and federal level. With all this complexity, it is important to have a compliance team that is expert in the field and ready to implement a new solution or identify issues before they become a problem for your bank. Compliance First Banking Solutions is here to help! With customizable compliance solutions, its team of compliance experts and audit professionals can help your bank with a tailored approach.
CONTACT INFORMATION:
Contact: Dylan Serrault, JD
610 SW Corporate View
Topeka, KS 66615
Phone: (785) 232-3444
Email: dserrault@ksbankers.com or info@CFBSAudit.com
Website: www.CFBSAudit.com
Frederic Dorwart, Lawyers PLLC
Frederic Dorwart Lawyers PLLC offers comprehensive legal services in Tulsa, specializing in business law, litigation and regulatory matters.
CONTACT INFORMATION:
Contact: Candace Caywood
124 E 4th Street
Tulsa, OK 74103-5027
Phone: (918) 583-9922
Email: CCaywood@fdlaw.com
Website: https://www.fdlaw.com/
CNET, Inc.
CNET Inc. is a family-owned and operated managed service provider that exclusively supports financial institutions. Founded in 1992, CNET Inc. has established a long-standing reputation for improving institution’s cybersecurity posture. By taking a cost-efficient, modern, security-first approach, CNET Inc. serves as a vital vendor and partner to many financial institutions in this region.
CONTACT INFORMATION:
Contact: Jared Thornhill
151 N. Cedar Branch Way
Mustang, OK 73064
Phone: (405) 3756-6644
Email: jared.thornhill@cnetokc.com or support@cnetokc.com
Website: https://www.cnetokc.com
OBA education corner …
OK, we surrender, heat wave! You win! A projected high of 106 degrees today … and tomorrow … in Oklahoma City is enough for us to wave the white flag. Please, stay cool out there, but also make sure to keep up with what’s happening on the continuing education front, including the following:
- 2026 FDIC Banker Outreach, Aug. 27, Oklahoma City — Sessions will be tailored to directors, risk management and consumer compliance staff to bring participants up to date on current economic trends and regulatory issues.
- Consumer Collections 101, Aug. 31, webinar — This presentation will discuss the brave new world of consumer collections and how best to navigate the current challenges facing lenders so that you can effectively resolve delinquent and charged off accounts.
- Vendor Management: Agencies Raising Expectations, Plus Recent Developments, Sept. 2, webinar — Dealing with vendors and other third parties brings with it many requirements and responsibilities on the part of the financial institution, especially in this day and age of artificial intelligence.
- 2026 Supervisor Bootcamp, Sept. 2-Tulsa; Sept. 3-Oklahoma City — Whether you are new or seasoned managers and supervisors, attendees find this experiential training invigorating, motivating and applicable to managing and supervising others.
- CRE Lending Training Program, Sept. 4, Sept. 29, webinar — Participants will learn a number of objectives throughout the program, such as how to recognize the risks inherent in all areas of real estate lending, how to evaluate real estate loan repayment sources, how to construct a basic income property cash flow and how to understand basic appraisal concepts, just to name a few.
- Dealing with Artificial Intelligence in Banking, Sept. 8, webinar — This event is an examination of where AI is becoming mainstream in the financial services industry, including a discussion of pros and cons, as well as risks to be monitored.
- Safe Deposit Box Compliance: Disclosures, Due Diligence, and Drilling Procedures, Sept. 8, webinar — Are you properly monitoring for suspicious activity in your SDB area? What happens if an SDB lessee passes away? When is it OK to drill a box and when isn’t it? When do unclaimed property rules apply? If you hesitated in answering any of these questions, then this session is for you!
- What to Do When Your Customer Dies, Sept. 9, webinar — This webinar focuses on the deposit and loan issues that arise when a customer dies.
- 2026 Real Estate Lending Compliance, Sept. 30-Oct. 1, Oklahoma City — This two-day seminar provides a practical review of the major federal laws and regulations governing residential real estate lending.