Thursday, April 25, 2024

Jeremy Cowen

OBA schedules Oktoberfest Golf Tournament

Show off your golfing skills or simply join your banking peers as a social registrant at the 2023 OBA Oktoberfest Golf Tournament on Oct. 23 at River Oaks Golf Club in Edmond. The tournament fee is $150 and the registration deadline is Oct. 20. The tournament will begin with registration and lunch. Immediately following the tournament, we will hold an …

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FDIC updates guidance on multiple re-presentment NSF fee

The FDIC has updated its Supervisory Guidance on Multiple Re-Presentment NSF Fees to clarify its supervisory approach for action when a law is violated. Since the issuance of the Supervisory Guidance on Multiple Re-Presentment NSF Fees, steps financial institutions have taken to remediate consumer harm associated with re-presentment fees have provided the FDIC with additional data about the amount of …

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ABA joins Texas lawsuit to block CFPB’s Section 1071 rule

Gavel and Flag

The American Bankers Association has joined a lawsuit filed by the Texas Bankers Association and McAllen, Texas-based Rio Bank challenging the Consumer Financial Protection Bureau’s final rule implementing Section 1071 of the Dodd-Frank Act. ABA president and CEO Rob Nichols made the announcement of his association joining the legal fight during the TBA’s annual convention in San Antonio late last …

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Week of May 22

In This Issue… ABA joins Texas lawsuit to block CFPB’s Section 1071 rule Agencies issues host state loan-to-deposit ratios OBA education corner … ABA joins Texas lawsuit to block CFPB’s Section 1071 rule The American Bankers Association has joined a lawsuit filed by the Texas Bankers Association and McAllen, Texas-based Rio Bank challenging the Consumer Financial Protection Bureau’s final rule …

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Week of May 15

In This Issue… FDIC issues proposed rule on special assessment Nominees selected for Fed board Revisit our convention with photos, opening video OBA education corner … FDIC issues proposed rule on special assessment The Federal Deposit Insurance Corporation Board of Directors last week approved a notice of proposed rulemaking, which would implement a special assessment to recover the cost associated …

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Miss our convention? Check out our opening video!

Did you miss our convention this week? Well, we missed you! We’ll have more photos and such to share with everyone in the upcoming days. Until then, quench your convention thirst with a peek at our opening session video featuring “family photos” of several banks in the state! Many thanks to all the banks who submitted photos for the project!

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Executive News: State legislative session nears finish line

We are six weeks out from the end of the legislative session which means we are two weeks away from what is often referred too as the “silly season.” The last four weeks of session is when bills come out of nowhere, and it seems, at times, like there aren’t any rules. I don’t necessarily intend to speak negatively of …

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New OBA fraud training video available

The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It is still critically important, however, our banks train for the “when” and not “if” as the safety of all our bankers and customers is a primary goal. The OBA has created an updated training video via Zoom, which features …

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OBA Convention lands in Norman

The 2023 OBA Convention and Trade Show will make its appearance in early May when it will be held on May 8-10 at the Embassy Suites in Oklahoma City. This year’s theme is centered around the Oklahoma Bankers Association and Oklahoma banking family. The OBA and its member banks constitute a family … and the family is made up of …

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FDIC issues proposed rule on special assessment

The Federal Deposit Insurance Corporation Board of Directors today approved a notice of proposed rulemaking, which would implement a special assessment to recover the cost associated with protecting uninsured depositors following the closures of Silicon Valley Bank and Signature Bank. The FDIC is proposing to collect the special assessment at an annual rate of approximately 12.5 basis points over eight …

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