Friday, March 29, 2024

Jeremy Cowen

Week of Aug. 8

In This Issue… OBA partners with ABA, CUNA, other state bankers associations to oppose credit card routing mandates Oklahoma delegation meetings set for 2022 Washington Visit OBA annual golf tournament scheduled for October Mullin/Shannon Senate debate available to view Views & Vistas Calendar, updated reference books available for order OBA education corner … OBA partners with ABA, CUNA, other state …

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Hall of Fame Nominees Information

Click on each link to download: Sinclair Armstrong nomination form & letter biographical sketch letters of recommendation photo Shirley Barber nomination form & letter biographical sketch letters of recommendation additional info photo Robert H. Croak nomination form & letter biographical sketch letters of recommendation photo James Hamby nomination form & letter biographical sketch letters of recommendation photo Lowell L. “Red” …

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Week of Aug. 1

In This Issue… Agencies look to update statement on CRE loan accommodations, workouts State Banking Department discusses FDIC’s Skip-A-Payment program position Banks could face headache in reverse repo area OBA Emerging Leaders Academy now accepting applications OBA education corner … Agencies look to update statement on CRE loan accommodations, workouts The Office of the Comptroller of the Currency, FDIC and …

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IBM Security: Data breaches expensive for financial institutions

IBM Security commissioned a 12-month study of 550 organizations across multiple sectors as part of an annual report on data breaches, and the results were released earlier this week. The cost of dealing with a data breach for financial institutions rose by $250,000 compared to a similar study conducted in 2020-2021. IBM defined financial services as banks, insurance and investment …

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Week of July 25

In This Issue… FDIC updates Enforcement Actions Manual on cease-and-desist, consent orders Banks overdraft/NSF fee revenues increase, according to CFPB Annual Washington Visit set for Oklahoma bankers OBA education corner … FDIC updates Enforcement Actions Manual on cease-and-desist, consent orders The FDIC has updated chapters one and four of its Formal and Informal Enforcement Actions Manual, entitled Overview and Administrative …

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Financial Stability Board releases progress report on climate-related financial risk

Pen and paper

The Financial Stability Board earlier this month issued a progress report on its work to implement its roadmap for addressing climate-related financial risk. Specifically, the report noted that significant progress has been made toward establishing global baseline climate reporting standards, with the newly established International Sustainability Standards Board issuing exposure drafts addressing climate and general sustainability-related disclosure statements. Click here …

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ABA survey: Three trends driving change in bank marketing

A recent American Bankers Association survey of bank marketing leaders reveals several important organizational shifts are underway within bank marketing departments. First, it’s clear that banking is following in the footsteps of other industries in terms of broadening its marketing focus from its historical brand communications origins to also include data and technology-driven campaigns to drive revenue. And the role …

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Executive News: Primaries (almost) wrap up across state

We have all survived the June 28 primaries and the last-minute onslaught of television ads as well as dreading the mail every day knowing it will be full of political pushcards. Don’t get too comfortable – We have numerous run-off elections that will be held on Tuesday, Aug. 23. While there won’t be as many races on Aug. 23, there …

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Oklahoma becomes title-holding state

Effective July 1, Oklahoma became a title-holding state. The Oklahoma Tax Commission on June 7 sent the OBA the below “MEMO” with information. The OTC held several training sessions during the past month, to help bankers and others get acclimated to the changes. We have slides and videos related to these sessions, available on the front page of OBA.com. MEMO …

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OCC: Banks ready for economy issues

Banks’ financial conditions are strong and they continue to be ready to “deal with the economic headwinds arising from geopolitical events, higher interest rates and increased inflation,” according to the OCC’s Semiannual Risk Perspective report for spring 2022 issued late last month. The report addresses key topics facing banks, focusing on those that pose threats to safety and soundness and …

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