Oklahoma Bankers Association We make bankers better!
In This Issue…
- From Adrian’s desk …
- Banking associations request comment period extension concerning Genius Act
- OBA to host Zoom forum with gubernatorial candidates
- FBI warns of property title fraud schemes
- Join your peers for volunteer opportunity
- 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 took part in an interim study at the state Capitol about the “banking deserts” in Oklahoma on Monday. The Journal Record had a nice recap of it.
Credit unions are attempting to position themselves as the “fix” for these so-called deserts, but I think we did a good job fighting back against that silly narrative.
• • •
We’re exactly two weeks away from the elections. With that in mind, I’m excited to announce we will host both the Democratic and Republican nominees for governor on a Zoom meeting on the morning of Oct. 29. All OBA members are welcome to join the call.
Details are in the story below. I hope to see as many on there as possible to represent our industry!
• • •
I waited until the wee hours of Sunday morning only to watch the quarterback who played for Nebraska the past two seasons, come into a game and BEAT Nebraska.
College football is dumb.
Banking associations request comment period extension concerning Genius Act
The comment period for two Federal Reserve proposals related to the agency’s implementation of the Genius Act needs to be extended, banking associations urged the Fed in a recent comment letter.
The ABA, ICBA, Consumer Bankers Association and the Bank Policy Institute sent a request for a 60-day extension of the comment periods related to “Implementing the Federal Reserve Board’s responsibilities under the Genius Act” and “Application procedures for board-supervised insured depository institutions seeking approval for a subsidiary to issue payment stablecoins.”
The comment periods currently are scheduled to close on Nov. 30. The request would extend the deadline to Jan. 29.
OBA to host Zoom forum with gubernatorial candidates
The OBA is proud to host the Democratic and Republican gubernatorial candidates in a virtual meeting next week!
Cyndi Munson and Mike Mazzei, the two major-party candidates who will contend in the election later this month, will be part of a Zoom meeting open to all OBA-member bankers on Thursday, Oct. 29. The meeting will open with Munson at 9:30 a.m., and follow with Mazzei at 10 a.m. It will be hosted by OBA President and CEO Adrian Beverage, who will ask questions of both candidates.
While the floor won’t be open for questions from our guests on the call, we encourage our bankers to forward any they may have for either candidate to Adrian (adrian@oba.com) by noon on Monday.
This is a unique opportunity, exclusively for OBA members, to show both candidates how involved the banking industry is at the state government level. The more we have on the call, the better – so invite others at your bank!
The Zoom link information is below. Again, a reminder: this is for OBA-member bankers ONLY. All others will be removed from the Zoom call. No RSVP is required.
Zoom link: https://us06web.zoom.us/j/88640425963?pwd=735lpy6xPBALmZycmoPiiHXFzl1EsY.1
Meeting ID: 886 4042 5963
Passcode: 048982
For telephone audio:
1-346-248-7799
FBI warns of property title fraud schemes
In this Liaison Information Report, the FBI informs the financial services sector about a home title theft scheme that exploited property title and hard money lending processes.
The highlighted scheme and subsequent arrests may have happened in California, but these same tactics are happening in Oklahoma and Arkansas now.
Join your peers for volunteer opportunity
A group of bankers will be volunteering Thursday afternoon, Oct. 22, at Free to Live Animal Sanctuary, in Guthrie, and there are a few more open spots.
Details are below. If you’d like to join, email Megan McGuire and she’ll forward the Outlook invitation.
Free to Live Volunteer Opportunity
You will enjoy an afternoon of loving on some fur babies (Dogs and Cats). No waiver needed for anyone over 18.
1-3 p.m. on Thursday, Oct. 22
Free to Live Animal Sanctuary, 9150 S Western Ave, Guthrie OK 73044
Link to more information: Animal Sanctuary in Guthrie, Oklahoma – Free to Live
OBA education corner …
We were actually able to turn the air conditioners off last week! The question now is how long until we are forced to turn on the heaters? Oklahoma weather! While enjoying the fall weather, make sure to keep up with what’s happening on the continuing education front, including the following:
- Loan Documentation 101 – 2-Part Series, Oct. 27-28, webinar — Learn about basic loan documentation principles and practices under Revised Article 9 for collateral.
- Marketing and Advertising Compliance – 3-Part Series, Oct. 27/30/Nov. 3, webinar — These will provide an in-depth discussion of rules, best practices and recommendations
- 2026 IRA Basic and Advanced Issues, Basics: Nov. 3-Tulsa, Nov. 5-Oklahoma City; Advanced: Nov. 4-Tulsa; Nov. 6-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.
- Commercial Loan Defaults, Waivers, Workouts and Amendments, Nov. 4, webinar — Discover insider tips and essential guidelines for navigating challenging workout situations.
- 2026 Head Teller All-Day Streaming, Nov. 5, 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.
- HMDA Essentials, Nov. 5, webinar — This webinar designed to provide practical compliance guidance – not simply a review of the regulation.
- Call Report: Common Exam Issues, Nov. 6, webinar — This session will explore common findings from regulatory exams and discuss effective strategies for resolving these issues.
- 2026 OBA Operations School, Nov. 16-20, 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.
- Commercial Real Estate Lending in Today’s Economy, Dec. 3, Oklahoma City — This seminar will begin with a review of “commercial real estate”, including types of properties and demand/supply in the current market. The session will then cover the entire loan process by which a commercial real estate loan is marketed, underwritten, approved, documented, closed and monitored.
- Commercial Real Estate Loan Documentation, Dec. 4, Oklahoma City — Attend this proactive seminar and receive a thorough overview of commercial real estate loan documentation.
- Trust Accounts and Trust Documentation, Dec. 10, Oklahoma City — This program is designed to help bankers make more confident decisions, follow policy more consistently and recognize when a situation needs additional review.
Also, the 2026 Rural Economic Outlook Conference will occur on Nov. 4 at the OSU ConocoPhillips Alumni Center in Stillwater. Attendees will hear about livestock market uncertainty, farm transitions, data centers in Oklahoma, grain market trends, along with updates on the Food and Ag Products Center, ag finance and ag policy. Register today to learn about these topics.