Tuesday, April 20, 2021

Amanda Bloye

Banks should make nominations for 2019 NextGen Under 30 program

Have you heard about the NextGen Under 30 program? It is intended to encourage young adult Oklahomans to stay in the state and make it stronger. Since 2011, the NextGen Program has received over 5,500 nominations and selected 900 individual winners. The NextGen Award Recognition Program honors individuals (30 years old or younger) who have demonstrated certain career leadership qualities …

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Alva banker nominated as OBA first vice chairman

Pursuant to Section 6.3 of the By-Laws of the Oklahoma Bankers Association, notice is hereby given of the nominee for the office of first vice chairman. The nominee was selected from among more than a dozen names that were submitted to the Nominating Committee for consideration. The nominee for the office of first vice chairman of the Oklahoma Bankers Association …

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Marijuana banking bill passes committee

A congressional committee voted on and approved legislation for increasing marijuana businesses’ access to banks. After several days of debate, the House Financial Services Committee voted 45 to 15 on Thursday to advance the marijuana banking bill to the full body. According to an article from Forbes Magazine, floor action has not yet been scheduled, but cannabis reform advocates are …

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OBA 2020 Views & Vistas Photo Contest accepting submissions

The Oklahoma Bankers Association is proud to offer again the customized calendar, “Oklahoma Views & Vistas” from photographs of Oklahoma submitted by Oklahoma bankers and their family members and board of directors and their family members. These calendars will be sold exclusively to banks across the state of Oklahoma for bankers to give to their customers to enjoy all year …

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2019 OBA professional member college scholarship available

Each year, the Oklahoma Bankers Association awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, sibling or spouse who is a Professional Member of the Association. The student must enroll in an accredited Oklahoma institution of higher education. The applicant must also be graduating from an Oklahoma high school. A panel of bankers will select the winning …

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OBA Bankers’ Night Out programs ready for spring

The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on topics affecting their job. In addition to state and federal legislative updates, the program …

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2019 OBA professional member college scholarship available

Each year, the Oklahoma Bankers Association awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, sibling or spouse who is a Professional Member of the Association. The student must enroll in an accredited Oklahoma institution of higher education. The applicant must also be graduating from an Oklahoma high school. A panel of bankers will select the winning …

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CECL approaches, leads to board discussions

According to the ABA Banking Journal, discussions about the implications of the new loan impairment standard will move to the boardroom as the CECL implementation date draws near. The conversation will then shift to broader issues, including financial management and performance of the bank. During a recent ABA webinar, Larry Sorensen, CFO of Washington Trust Bank in Spokane, Washington, played …

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Rep. Perlmutter introduces banking marijuana bill: H.R. 2215

Last week, Rep. Ed Perlmutter (D-Colo.) introduced H.R.2215, the Secure and Fair Enforcement Banking Act of 2017 (or the SAFE Act of 2017). This bipartisan bill was co-sponsored by Reps. Steve Stivers (R-Ohio), Denny Heck (D-Wash.), and Warren Davidson (R-Ohio). As noted in last week’s OBA Update, the bill provides, in essence, that a bank or credit union shall not …

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Join an OBA Committee 2019-2020

NOW is the time to get involved in your Association, and one good way to accomplish this is to join one of our committees! We are now taking names for those interested in our committees for the 2019-2020 year. By participating with the group 3-4 times a year, you learn more about your profession, meet other bankers, share ideas and …

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