Friday, April 26, 2024

Jeremy Cowen

Fed prepares for interest rate raise

Traders are expecting the Federal Reserve to raise interest rates at its meeting later this month. The possibility of a third straight three-quarter point hike looks to be high, according to stories in several media outlets. You can read one, via CNBC, by clicking here.

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OCC to lower assessments

The Office of the Comptroller of the Currency will lower assessments in 2023 as part of an effort to close the pricing differential between state and federal charter assessments, Acting Comptroller of the Currency Michael Hsu said last week during remarks to the Texas Bankers Association. Effective in March, the agency will make a 40% reduction in assessments for a …

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Week of Sept. 5

In This Issue… OCC to lower assessments ‘Banks are safe’ PSAs available from OBA OBA education corner … OCC to lower assessments The Office of the Comptroller of the Currency will lower assessments in 2023 as part of an effort to close the pricing differential between state and federal charter assessments, Acting Comptroller of the Currency Michael Hsu said last …

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Executive News: Looking back at runoffs; legislative, regulatory info

This is my favorite time of year. Hopefully, the temperature will start dropping, and most importantly, it’s college football season. We are one game into the season and both OU and OSU are undefeated and positioned to have great seasons. While fa ns of those schools get to enjoy victory after victory, I’ll be in the corner crying as Nebraska’s …

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OCC strategic plan to promote community banks

The Office of the Comptroller of the Currency released a strategic plan in early September for fiscal years 2023-2027 that calls on the agency to diversify its workforce, prioritize safeguarding public trust and enhance the implementation of risk-based supervision. The 11-page document also directs the OCC to promote strengthening and modernizing community banks, with a focus on small businesses and …

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Fed to continue pursuing ‘restrictive policy’ to combat inflation

https://www.asianchamberkc.com/our-members/federal-reserve-bank-of-kansas-city

A recent easing in the rate of inflation hasn’t been enough to convince the Federal Reserve to reverse course on raising interest rates, with the Federal Open Market Committee likely to pursue a “restrictive policy stance for some time,” Fed Chair Jerome Powell said at a Jackson Hole, Wyoming, monetary policy conference last week. While higher interest rates and a …

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Week of Aug. 29

In This Issue… Fed targets timing for FedNow launch Deadline week approaching for Emerging Leaders Academy OBA education corner … Fed targets timing for FedNow launch The Federal Reserve Banks have narrowed the timing of the FedNow Service launch to mid-year 2023, specifically targeting a production rollout of the service in the May to July timeframe. This further defines the …

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board psa links

Adam Alicia Amada Andrea Andrew Bert Billy Bryan Dawne Debbie Frazier Gregg Jerold Julie Keith Kelli Leigh-Anne Mark Matt Priscilla Rick Rigo Sandy Ted Tony

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‘Banks are safe’ PSAs available from OBA

The Oklahoma Bankers Association has created “Banks are safe” public service announcements for its member banks ready for display at the bank or for insertions into local newspapers. These ads and – available at no cost to member banks – echo the Association’s successful “Nothing’s Safer Than Money In The Bank” public relations campaigns from the past two decades. “With …

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Week of Aug. 22

In This Issue… Banking groups rally against FDIC assessment fee raise ‘Banks are safe’ PSA available from OBA Deadline week to return Hall of Fame ballots Oklahoma delegation meetings set for 2022 Washington Visit Final week for special pricing on OBA calendars OBA education corner … Banking groups rally against FDIC assessment fee raise The American Bankers Association, the ICBA …

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