Thursday, November 30, 2023

Jeremy Cowen

FBI warns of fraud affecting banks

The following was sent out late last week by the FBI and we felt it important to make sure our bankers receive it: Hello Banking Sector InfraGard Members, Please see the attached Private Industry Notification (PIN) 20180809-001 TLP:AMBER, “Unlimited Operation” Schemes Pose an Immediate Threat to Financial Institutions. PIN 20180809-001 is being distributed to inform partners of an immediate threat …

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Bankers invited to meet lieutenant governor candidate

The OBA would like to invite all bank employees to a meet and greet with lieutenant governor candidate Matt Pinnell before the Republican run-off election. The event will take place at 1:15-2:30 p.m. on Friday, Aug. 17, at the OBA’s Harris Events Center. This isn’t a fundraiser for Pinnell, it’s an opportunity to ask him about his plan for moving …

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Executive News: Memo to Congress: Please fix marijuana problem!

Earlier this month I met with each of the delegation’s banking legislative assistants to talk about State Question 788 and the practical, day-to-day concerns its passage has created. A broad range of concerns have been created and those concerns are bearing down on OBA-member banks and their customers. What Congress can or will do about it was the topic of …

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Stable funds are more important than core funds

By Donald Musso President, FinPro, Inc. The current regulatory framework for funding and liquidity has some material shortcomings. These shortcomings include: the categorization of digitally originated deposits as noncore, the concern over large balance deposits, the concern over municipal deposits and the inclusion of listing services as wholesale deposits. To better assess liquidity risk, banks should establish a matrix that …

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Take opportunity to meet 1st District candidate Kevin Hern

I’ve gotten to know Kevin Hern very well, and given what we’re facing in Washington, he’s exactly what we need if we’re going to have any chance of making your bank’s operation more successful. He has the experience and real-world skills to make a difference for banks and for Oklahoma. Kevin is a shareholder and board member of one of …

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Bankers’ Night Out events set for fall

The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. As in the past, the schedule for …

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Week of Aug. 6

In This Issue… • Sandy’s salutations • Bankers invited to meet lieutenant governor candidate • Trump signs Flood Insurance Program re-authorization bill • OCC considering applications for limited-purpose FinTech charter • Banking marijuana: It won’t be safe until Congress acts • Save the dates for upcoming major OBA events! • OBA education corner …

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Oklahoma City Dodgers offering special deal for OBA-member bankers

The Oklahoma City Dodgers baseball club is offering a special package for all bankers employed at OBA-member banks. Bankers can get field seats for the Aug. 23 game against the Omaha Storm Chasers, a Corey Seager straw tumbler, a limited edition OKC Dodgers baseball cap and $4 worth of Dodger Dollars pre-loaded onto each ticket, all for the cost of …

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Week of July 30

In This Issue… • Replay of SAR webinar available to view • OBA seminars scheduled on banking marijuana-related businesses • Oklahoma City Dodgers offering special deal for OBA-member bankers • OBA education corner …

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Question on effects of Real Estate Appraiser Board’s possible action

The Oklahoma Real Estate Appraiser Board is in the discussion phase of amendments to the Oklahoma Appraisal Management Company Regulation Act. So far, those discussions have included potential revisions to Board Rules and the impact of post-Dodd-Frank Act Amendments to FIRREA (the Financial Institutions Reform, Recovery and Enforcement Act of 1989). The purpose of bringing this to your attention is …

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