Friday, April 19, 2024

Jeremy Cowen

Fourth quarter marks slowed progress for Oklahoma banks

Oklahoma’s commercial banks saw a decrease in net income earnings in the fourth quarter from the fourth-quarter mark from last year, according to the FDIC’s Quarterly Banking Profile. The Quarterly Banking Profile was released at the end of February and showed mixed news for both the state’s banks and the nation’s. Oklahoma banks saw their net income increase from $1.3 …

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Week of March 20

In This Issue… New fraud training video available from OBA HUD to reinstate 2013 disparate impact rule Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program OBA education corner … New fraud training video available from OBA The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It …

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Roundup following week of surrounding Silicon Valley Bank failure

As we head into the weekend, we wanted to give our members a short roundup of information and stories from this week surrounding the failure of Silicon Valley Bank. • U.S. Treasury Secretary Janet Yellen reassured markets and lawmakers at a Senate Finance Committee on Thursday the federal government is committed to protecting U.S. bank deposits. • Oklahoma Sen. James …

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Media talking points on Silicon Valley Bank failure

The failure of Silicon Valley Bank this weekend has been well covered in the national media. Local media here in Oklahoma might want to “localize” the story and reach out to our member banks for comment. To assist our banks, we put together some quotes and talking points below they are free to use and share. Also, all our banks …

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Week of March 6

In This Issue… OBA Bankers’ Night Out programs ready for spring Survey finds bank customers want more financial education for youth Welcome, new strategic members! OBA education corner … OBA Bankers’ Night Out programs ready for spring The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in …

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Week of Feb. 27

In This Issue… Counterfeit savings bonds becoming issue in Oklahoma FinCEN posts alert on check fraud through postal service Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program OBA education corner … Counterfeit savings bonds becoming issue in Oklahoma The U. S. Secret Service has shared information that counterfeit U.S. Savings Bonds are being fraudulently negotiated in financial …

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Contact state legislature about firearms bill

We need your help! HB 2218 is on the agenda in the House Banking Committee for Monday afternoon. This bill prohibits governmental entities from contracting with financial institutions that discriminate against firearm and firearm accessory manufacturers. We are opposed to this bill for the following reasons: . There are NO banks in Oklahoma discriminating against the firearms industry. . The …

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Counterfeit savings bonds becoming issue in Oklahoma

SSA Lantz Stuart, with the U. S. Secret Service, one of our federal partners, has shared information that counterfeit U.S. Savings Bonds are being fraudulently negotiated in financial institutions across Oklahoma. He has notified us that losses were large ($176,000) for the impacted banks in Nevada where it originated and nationwide losses are estimated at over $50 million. This activity …

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