Saturday, July 27, 2024

Jeremy Cowen

State Banking Board approves 60% reduction in 2024 assessments

The Oklahoma State Banking Board voted unanimously at its November meeting to reduce the assessments paid by Oklahoma state-chartered banks. The 2024 assessment rate was discounted 60% for each bank with assets less than $1 billion and 15% for each bank with assets more than $1 billion. During the meeting held Nov. 15, State Banking Commissioner Mick Thompson discussed increased …

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Week of Nov. 21

In This Issue… From Adrian’s desk … State Banking Board approves 60% reduction in 2024 assessments Nondeductible portion of OBA dues calculated OBA soliciting CD bids Oklahoma Bankers Hall of Fame fifth class set for induction OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest …

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Week of Nov. 13

In This Issue… From Adrian’s desk … Oklahoma County moves to online sheriff’s sales Agencies pinpoint 2024 regulatory thresholds OBA TikTok Time … Oklahoma Bankers Hall of Fame fifth class set for induction OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers …

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Week of Nov. 6

In This Issue… From Adrian’s desk … FDIC amends Risk Management Manual Fed survey shows lending standards tightening OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! •        •         • I’m …

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Week of Oct. 30

In This Issue… From Adrian’s desk … OBA hosts Zoom meeting with attorney general’s office on alien ownership of Oklahoma real estate Federal Reserve proposes new rule on interchange fees Bank Performance Report available for OBA members OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits …

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Week of Oct. 23

In This Issue… From Adrian’s desk … New real estate ownership laws go into effect Nov. 1 – OBA to host Zoom meeting with attorney general’s office Banking agencies release CRA regulation changes OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of …

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Executive News: Annual Washington Visit went smoothly, successfully

In late September, the OBA made its annual trek to the nation’s capital for the Annual Washington Visit. It was a record-setting trip as there were 100 individuals registered for the visit. This is a record for us and is one of the largest crowds for any state banking association ever. While there were lots of laughs, fellow ship and …

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Inductees selected for Bankers Hall of Fame

The 2023 induction class for the Oklahoma Bankers Hall of Fame was unveiled in September. Nevyle Cable, Jim Hamby, Harry Leonard and Ted McGuire will make up the 2023 class and officially be inducted on Dec. 7 at the Oklahoma History Center in Oklahoma City. Nevyle Cable is the longtime president and CEO of First National Bank and Trust Co., …

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SAFER Banking Act, FinCEN provide nice news for banks

The U.S. Senate Committee on Banking, Housing and Urban Affairs passed the SAFER Banking Act late last month, which protects financial institutions that provide banking and financial services to cannabis-related businesses. The vote marked the first time the Senate, in any form, has voted in favor of either the SAFER Banking Act, or its predecessor, the SAFE Banking Act. While …

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Week of Oct. 16

In This Issue… From Adrian’s desk … Organizations recommend study into proposed capital requirements Publicize your promotions, hires OBA schedules Oktoberfest Golf Tournament OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! •        •         • …

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