Wednesday, May 25, 2022

Jeremy Cowen

Week of May 23

In This Issue… FDIC: Banking environment improved last year Did you miss our convention? OBA education corner … FDIC: Banking environment improved last year The FDIC released its annual risk review late last week, and pointed out the banking environment improved in 2021 as the economy recovered from a period of economic hardship the year prior. The agency noted financial …

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Check out our 2022 OBA Convention opening video!

Did you miss our 2022 OBA Convention last week? Well, if so, we missed YOU! We had a grand time celebrating that decade of decadence, the 1980s – or, as we coined it, the OB80s! Here’s a little sneak peek at some of the fun we had — our convention opening video. Look closely, and you’ll see the video features: …

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Check out our 2022 OBA Convention opening video!

Did you miss our 2022 OBA Convention last week? Well, if so, we missed YOU! We had a grand time celebrating that decade of decadence, the 1980s – or, as we coined it, the OB80s! Here’s a little sneak peek at some of the fun we had — our convention opening video. Look closely, and you’ll see the video features: …

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Week of May 16

In This Issue… Powell enters second term as Fed chairman Agencies release updated flood insurance guidance OBA education corner … Powell enters second term as Fed chairman The Senate confirmed Jerome Powell to a second term as chairman of the Federal Reserve last week, by a 80-19 vote. Powell has led the Fed board since 2018. The Senate last week …

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OBA Board info

Materials for the May 18, 2022, meeting: Board Agenda Board Agenda Summary Exhibit A Exhibit B Exhibit C Exhibit D Entire packet as single file: Click here

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Fed: Banking system remains strong

The banking system remained strong overall, with robust capital and liquidity and improved asset quality in the second half of 2021, according to the Federal Reserve’s latest supervision and regulation report released in early May. The Fed said that risk monitoring will continue for potential effects of the pandemic and new geopolitical risks, including Russia’s invasion of Ukraine. The banking …

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Week of May 9

In This Issue… Fed: Banking system remains strong OBA offering raffle for PGA Championship passes Golfers needed! OBA education corner … Fed: Banking system remains strong The banking system remained strong overall, with robust capital and liquidity and improved asset quality in the second half of 2021, according to the Federal Reserve’s latest supervision and regulation report released late last …

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Week of May 2

In This Issue… CFPB report focuses on financial products Earlybird registration nearing for OBA convention! Contact OBA legal department by phone – email currently down OBA education corner … CFPB report focuses on financial products The CFPB issued a “Supervisory Highlights” report on Monday that focused on recent examiner observations of several financial products. Among other things, examiners flagged issues …

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Week of April 25

In This Issue… CFPB to examine non-bank financial institutions Bankers’ Night Out programs wrap up on Wednesday OBA welcomes new strategic member Time to relive 1980s with OB80s convention! OBA education corner … CFPB to examine non-bank financial institutions The Consumer Financial Protection Bureau announced earlier this week it is invoking a largely unused legal provision to examine non-bank financial …

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