Legislation intended to reduce credit card interchange fees would lead to less access to credit and disproportionately harming low-income households because of reduced revenue for community banks and credit unions, according to a recently published academic report. The Credit Card Competition Act by Sens. Dick Durbin (D-Ill.) and Roger Marshall (R-Kan.) would impose new network routing mandates on financial institutions …

In This Issue… From Adrian’s desk … OBA updates large withdrawal questionnaire, guidance Report: Limiting credit card interchange fees would harm consumers OBA installs Ada banker as chair, honors others at annual convention Service Oklahoma to host Q&A session on upgraded Electronic Liens and Titles system ABA accepting nomination for Emerging Leaders Awards OBA TikTok Time … OBA education corner …

OKLAHOMA CITY — Steve Bagwell, president and CEO of Vision Bank, in Ada, was inducted as chair of the Oklahoma Bankers Association at the OBA’s 128th Convention on Wednesday, May 14, at the Skirvin Hilton in Oklahoma City. Bagwell is a 1987 graduate of Baylor University with a bachelor’s degree in economics. He has also completed graduate work in planning …

We have finally arrived at the last month of the state legislative session and I will say that everyone seems to be playing nice for now. As I’ve mentioned in previous articles, the only thing the legislature is statutorily required to accomplish is pass a state budget. So, all the policy issues still being considered must be across the finish …

The latest edition of the OBA Directory of Banks is now available. This essential resource includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index and much more! Each Directory is $40 per copy …

The Consumer Financial Protection Bureau, in April, vacated and/or abandoned enforcement of a pair of rules. On April 14, the CFPB reached an agreement with the American Bankers Association and other plaintiffs to settle a lawsuit over its rule on credit card late fees. The CFPB last year issued a final rule to lower the safe harbor dollar amount for …

OKLAHOMA CITY — Steve Bagwell, president and CEO of Vision Bank, in Ada, was inducted as chair of the Oklahoma Bankers Association at the OBA’s 128th Convention on Wednesday, May 14, at the Skirvin Hilton in Oklahoma City. Bagwell is a 1987 graduate of Baylor University with a bachelor’s degree in economics. He has also completed graduate work in planning …

The Office for the Comptroller of the Currency is seeking public input on the key challenges and barriers faced by community banks in the adoption and implementation of digital banking solutions. The OCC said new technologies can be important tools for community banks to meet customer demand, increase revenue, improve efficiencies and remain competitive. The agency’s request for information will …

Materials for the May 12, 2025, meeting: Board Agenda Board Agenda Summary Exhibit A Exhibit B Exhibit C  (downloads as Excel file) Entire packet as single file: Click here (without the 2025-26 OBA budget, which is an Excel file as Exhibit C)

Be sure to bookmark our dedicated mobile web page for convention, which includes information on the golf tournament, the overall convention schedule, exhibit floor plan, sponsors and more at www.oba.com/convention. Those using iPhones can save the page on their home screen like an app by simply hitting the share button at the bottom of the screen (icon at center that …