Monday, October 25, 2021

Jeremy Cowen

OBA Board info

Materials for the Oct. 26, 2021, meeting: Board Agenda Board Agenda Summary Exhibit A Exhibit B Exhibit C Exhibit D Exhibit E Entire packet as single file: Click here

Read More »

Week of Oct. 12

In This Issue… Fed report finds bank branch distance stable for customers Longtime OBA employee’s spouse passes away Interested in speaking at OBA events? 2021 Oklahoma Bankers Hall of Fame ceremony set for Dec. 2 OBA education corner … Fed report finds bank branch distance stable for customers Despite an increase in bank consolidation over the past 20 years, the …

Read More »

Week of Oct. 4

In This Issue… OCC reports improvement in mortgage performances OBA president/CEO interviews on pair of Tulsa TV stations about IRS reporting proposal Bankers’ Night Out fall series continues this month OBA education corner … OCC reports improvement in mortgage performances The Office of the Comptroller of the Currency reported last week the performance of first-lien mortgages in the federal banking …

Read More »

Nondeductible portion of OBA dues calculated

The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2021. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …

Read More »

Week of Sept. 20

In This Issue… Federal Reserve publishes paper on partnerships between community banks, fintechs Oklahoma City banker pends ope-ed in Oklahoman on IRS reporting proposal OBA welcomes new strategic member OBA education corner … Federal Reserve publishes paper on partnerships between community banks, fintechs To support responsible innovation in the community banking sector, the Federal Reserve Board earlier this month published …

Read More »

Oklahoma City banker pens op-ed in Oklahoman on IRS reporting proposal

NBC Oklahoma President and CEO H.K. Hatcher appeared as a guest columnist in The Oklahoman this weekend, opining on the proposed IRS tax reporting law. Hatcher wrote the proposal would “result in unnecessary costs to taxpayers and add an extensive amount of extra and unnecessary work for everyone involved – the IRS and our financial institutions.” You can read Hatcher’s …

Read More »

OBA highlights three points of action on IRS reporting proposal

As early as next week, Congress is expected to begin considering a new tax reporting requirement that would require banks to report information on account flows to the Internal Revenue Service. The proposal would require financial institutions to track and submit to the IRS information on every account that has a minimum balance of $600. This proposal raises serious data …

Read More »

Week of Aug. 30

In This Issue… PPP direct loan forgiveness encouraged by SBA OBA Bankers’ Night Out programs begin in two weeks in Ardmore OBA Washington Visit to resume traditional format in 2022 OBA Emerging Leaders Academy application deadline approaching Today is the last day to order 2022 Oklahoma Views and Vistas Calendar at early-bird rate OBA education corner … PPP direct loan …

Read More »

Resources, tools, info on latest frauds affecting Oklahoma

Our federal law enforcement partners have been working overtime to try to help banks stay ahead of the challenges encountered with both cyber-criminals and bad actors that impact bank ATMs in multiple ways. Law enforcement partners and our statewide MAFIA groups have shared multiple resources and tools, which we are including in this Fraud Alert. Let’s get started! •         • …

Read More »