Wednesday, April 21, 2021

Amanda Bloye

OBA Board approves Nominating Committee for first vice chairman

In accordance with Section 6.3 of the By-Laws of the Oklahoma Bankers Association, notice is hereby given of the names of the members of the Nominating Committee that will select a candidate for first vice chairman to replace Rick Walker, vice chairman and CEO of Liberty National Bank in Lawton. The nomination will be put before the membership for its …

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Fed chairman discusses CECL during hearing

Fed Chairman Powell testified on Wednesday before the House Financial Services Committee, as he’s required to do annually. The new young progressives on the Committee were not really able to trip him up, as Sen. Warren tried to do in the Senate, but that wasn’t the main focus of the hearing and the report. One of the most important statements …

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Asking for your help with CECL survey

The ABA has prepared a brief banker survey and is asking bankers to help the Alliance provide more data to the regulators and Congress in an effort to get a better understanding of what CECL looks like from the bankers’ perspective. “We’re asking OBA-member banks to take just a few minutes to respond to the survey and help us collect …

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Banking school scholarships available

Several scholarships are now available to bankers from OBA-member banks for various graduate schools of banking. Applications should be submitted to the OBA’s Janis Reeser by email (janis@oba.com), regular mail (643 N.E. 41st St., OKC, 73105) or fax (405-424-4518). The scholarship recipients will be selected and announced no later than April 22. Click on the links below for more specific …

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Week of Feb. 25

In This Issue… • Oklahoma banking industry continues strong reports in fourth quarter • Registration open for 2019 Community Bankers Leadership and Senior Management Conference • OBA Bankers’ Night Out programs ready for spring • OBA education corner …

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Oklahoma banking industry continues strong reports in fourth quarter

Recently, the FDIC released its fourth quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $59.1 billion, up $33.8 billion, or 133.4 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue and lower income tax expenses. According to …

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House panel holds hearing on cannabis banking

The Subcommittee on Consumer Protection and Financial Institutions held a hearing last week titled: “Challenges and Solutions: Access to Banking Services for Cannabis-Related Businesses.” The focus of the hearing was a draft of Representatives Ed Perlmutter (D-Colo.), Denny Heck (D-Wash.), Steve Stivers (R-Ohio) and Warren Davidson’s (R-Ohio) SAFE Banking Act, which establishes a safe harbor from federal sanctions for financial …

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Kansas City Fed research: Farmland values stable, risks remain

According to economic research from the Federal Reserve Bank of Kansas City, farmland values in the Federal Reserve’s Tenth District held steady in the fourth quarter of 2018 despite risks to ongoing stability. While the demand for farmland remained relatively strong across the District, weaknesses in the crop sector continued to dampen the overall agricultural economy. Risks to farmland values …

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Register for OBA’s 2019 Women in Banking Luncheon

The 2019 Women in Banking Luncheon will feature guest speaker, Natalie Bartholomew. She is a career banker with a variety of experience in banking and currently serves as the chief administrative officer and VP of Grand Savings Bank. She launched the Girl Banker blog in November 2017 in hopes of creating a voice for women in banking and working moms. Bartholomew, aka, The …

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Register for OBA’s 2019 Contact Banker Program

We have set the dates for the 2019 Contact Banker Program. Click here to find a sign-up form that has all the dates listed for this year’s program. We ask that you select what dates work best for you and send it your form to adrian@oba.com. Once we have the groups finalized, we will send an email confirmation of your date. On the …

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