The Small Business Administration is establishing a forgiveness payment correction process for lenders that made a mistake in requesting the accurate forgiveness amount. Effective immediately, lenders can send a platform message, using message type of “Payment or Reconciliation Questions”, to request forgiveness payment corrections. The message must include the SBA loan number, the amount of the correction being requested and …

Did you happen to miss convention? Well, if so, we missed you! Luckily, we have a bevy of photos to share from the event, ready for  you to peruse. Click here to visit the convention photo page.

During our convention last week, we held a special ceremony for our recently retired president and CEO, Roger Beverage. During the ceremony, a video was shown of Sen. James Lankford giving a speech on the U.S. Senate floor commemorating Beverage’s 33 years as the OBA’s chief. Additionally, a slideshow of various photos from Beverage’s time with the OBA was shown. …

In This Issue… Free fraud training opportunity for bank staffs, customers Relive convention with our photo page! Former OBA president/CEO honored at convention Thank you to our convention sponsors 2021 Senior Management Conference set this month in Las Vegas OBA education corner … Free fraud training opportunity for bank staffs, customers The OBA is once again working with the Oklahoma …

Didn’t make it to convention this year? Well, we really missed you! But we’ll have plenty of things to show from our three days in Oklahoma City last week in the coming days. For starters, below is the convention opening video that highlighted how the OBA truly is the place “where everybody knows your name!” https://www.oba.com/wp-content/uploads/2021/05/Opening-Video.mp4

The OBA Convention begins on Monday! We encourage attendees to bookmark our dedicated mobile web page for the convention, which includes the schedule, speaker bios, sponsors and more. Click here to visit the page. Those on iPhones can save the page on their home screen like an app by simply hitting the share button at the bottom of the screen …

Gov. Kevin Stitt has selected Billy Taylor and Rick Walker as the newest regents on the Oklahoma State Board of Regents for the Agricultural and Mechanical Colleges. “I am thrilled to have both Billy Taylor and Rick Walker serving on the Oklahoma State Regents,” Stitt said. “Billy’s leadership experience will be an asset in this position and his passion for …

The Oklahoma Bankers Association has a new president and CEO for the first time in 33 years – but one with a familiar name – when Adrian Beverage assumed the post officially on Saturday, May 1. Beverage will be moving from his former position as chief of staff, executive vice president and director of government relations for the OBA, where …

Breaking news from the ABA: The Small Business Administration has just informed trade associations that Paycheck Protection Program funding has been exhausted and that the PPP application portal will stop accepting applications for loans from most lenders. SBA said that it has reserved approximately $6 billion in funding for previously submitted loan applications subject to hold codes that have yet …

In This Issue… Guidance updated on PPP whole loan sales Adrian Beverage assumes president/CEO position at OBA 2021 OBA Directory of Banks available OBA Convention quickly approaching! 2021 Senior Management Conference set for June in Las Vegas OBA education corner … Guidance updated on PPP whole loan sales The Small Business Administration extended its guidance this week on how lenders …