Thursday, October 21, 2021

Cami ten Napel

Week of March 15

In This Issue… Get involved with an OBA committee 2021 OBA college scholarship available OBA education corner … Get involved with an OBA committee Are you interested in joining an OBA board or committee? Click here to complete the Committee Interest Form for 2021-2022. We would love for you to get involved! Back to top 2021 OBA college scholarship available Each year, …

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OBA Intern Program looking for participants

The OBA Intern Program is active again for 2021 and we’re looking for participating banks! The purpose of this program is to provide intensive, practical, training for Oklahoma’s most promising students. By working together, Oklahoma’s banking and educational institutions can produce strong leaders for our industry and state. For more information on this IMPORTANT program, important not only to aspiring …

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PPP payroll calculation adjusted for Form 1040, Schedule C

The Small Business Administration this afternoon issued an interim final rule implementing recent changes to the Paycheck Protection Program. The interim final rule allows individuals who file an IRS Form 1040, Schedule C to calculate their maximum loan amount using gross income. SBA also has updated forms for borrowers and lenders to reflect these changes and step-by-step loan amount calculations. …

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Week of March 1

In This Issue… Lenders should avoid inputting new PPP applications for now Share of delinquent mortgages doubles during pandemic Get free personalized PSA encouraging community to vaccinate Make your nominations for 50-Year Club OBA education corner … Lenders should avoid inputting new PPP applications for now The OBA has been told “unofficially” that lenders should hold off on inputting any …

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Compliance Alliance offers bankers compliance help

As you know, your OBA invested in Compliance Alliance (C/A) almost 10 years ago. So far that investment has had a return of 924 percent to the OBA. Roger Beverage, OBA’s current President & CEO, serves on both the C/A’s Executive Committee and its Board of Directors. What is Compliance Alliance? Compliance Alliance offers a comprehensive suite of compliance management …

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Oklahoma banking industry remains strong in fourth quarter reports

Oklahoma banks, saw an increase in their numbers from the recently released FDIC Quarterly Banking Profile. Oklahoma banks saw their net income increase from $1.342 billion in the fourth quarter of 2019 to $1.501 billion in the fourth quarter of 2020. Total assets also showed a marked increase from 2019 to 2020, going from $114 billion to roughly $129.5 billion. …

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FBI offers training; warns about ATM robberies

The FBI SAC invited the OBA to participate in a two-hour session on Feb. 23 about its enhanced threat management program. Discussions included warning signs for active shooters and domestic terrorism. Messaging included the fact the FBI’s recent cases were initiated by tips from the community and retail sector. Many of these cases involve persons with underlying mental health issues. …

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Week of Feb. 22

In This Issue… Compliance Alliance offers bankers compliance help Oklahoma banks show strong performance in 2020 despite pandemic Review your bank’s information for OBA directory Get your photos in for OBA 2022 Views & Vista photo contest Get involved with an OBA committee OBA welcomes new strategic members OBA education corner … Compliance Alliance offers bankers compliance help As you …

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Businesses with fewer than 20 employees to have exclusive PPP application period starting this week

The White House announced today several measures to ensure the smallest firms have access to Paycheck Protection Program loans, including an exclusive application window for firms with fewer than 20 employees, a revised loan calculation and funding set-aside for sole proprietors and self-employed individuals and new eligibility for businesses owned by those with certain felony convictions. Five weeks after the …

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Get free personalized PSA encouraging community to vaccinate

The Oklahoma Bankers Association has created COVID-19 vaccine-related public service announcements for its member banks, both in advertising form as well as in story form, ready for display at the bank or for insertions into local newspapers. These free advertising files and stories, themed as “Nothing’s Safer Than Money In The Bank … Except For The COVID-19 Vaccine”, echo the …

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