A former U.S. ambassador and member of the George W. Bush administration will headline the upcoming OBA convention as the keynote speaker. Frank Lavin, a seasoned expert in global affairs, international trade and political strategy, will kick off the convention on May 13. With a distinguished career spanning diplomacy, business, and policy analysis, he brings a unique perspective on the …
Read More »Jeremy Cowen
Agencies state intent to scrap 2023 CRA rule
The federal bank regulatory agencies during the last week of March announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final rule. As of now, this is NOT official, but just stated …
Read More »Week of April 14
In This Issue… From Adrian’s desk … FinCEN to eliminate ‘obsolete’ BSA civil penalty rule CFPB to abandon enforcement of pair of rules ELT updates now live ‘The Bankers From Oklahoma’ are back! OBA Convention registration opens! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of …
Read More »Week of April 8
In This Issue… From Adrian’s desk … CFPB to start new Sec. 1071 rulemaking ELT updates now live: What bankers, lienholders should know ‘The Bankers From Oklahoma’ are back! OBA Convention registration opens! 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 …
Read More »Week of March 31
In This Issue… From Adrian’s desk … FDIC rescinds notification guidance for crypto activity Upcoming ELT changes: What bankers, lienholders should know OBA Book Club announces next selection Keynote speaker joins OBA convention lineup OBA photo contest set; welcome new strategic member OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …
Read More »Regulatory agencies state intent to rescind 2023 CRA rule
The federal bank regulatory agencies today announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final rule. As of now, this is NOT official, but just stated as the INTENT to EVENTUALLY …
Read More »Week of March 24
In This Issue… From Adrian’s desk … ABA, ICBA, other associations state opposition to Credit Card Competition Act Vehicle titling update: Key changes coming April 7, July 1 Organized ATM jackpotting groups still active, affects insurance coverage for banks Keynote speaker joins OBA convention lineup OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO …
Read More »Executive News: Bill tracking list continues to be whittled down
We have finally reached the first deadline at the state legislature and it couldn’t have come fast enough. We started off this session tracking 314 bills and, after the deadline, we are now tracking 70 bills. We will spend the next couple of weeks hearing bills on the floor in the house of origin. While the first couple of weeks …
Read More »Senior Management Conference set for early April in California
The Oklahoma Bankers Association 2025 Senior Management Conference is scheduled for April 6-8 at the Renaissance Esmeralda Resort & Spa, in Indian Wells, California. As is always the case, this year’s conference features an exciting lineup of speakers on a range of topics, including an economic outlook, election impacts on the Federal Home Loan Bank system, fraud issues, strategic staffing …
Read More »FinCEN halts fines on BOI reporting
The Financial Crimes Enforcement Network announced late last month it will not issue fines or penalties against companies that fail to report their beneficial ownership information by the current deadline. Instead, it plans to issue an interim rule with a new deadline and later revise the reporting requirements to ease the burden on businesses. BOI collection had been on hold …
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