Saturday, July 20, 2024

Kayden Anderson

Report: Small businesses oppose government mandates on credit card networks

The Small Business Payments Alliance issued a report on Monday that found an overwhelming majority of small businesses oppose new government mandates on payment networks; are more concerned with inflationary pressures than the cost of processing credit cards; and rely on the security offered by leading credit card networks to operate their businesses and serve their customers. Legislation currently under consideration in …

Read More »

2024 OBA Directory of Banks available for purchase

The 2024 OBA Directory of Banks is now ready to buy! This essential reference includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index and much more! Each Directory is $40 per copy for OBA-member bankers, …

Read More »

Bankers associations urge Congress for independent review of recent agency rulemakings

Gavel and Flag

The OBA, alongside the American Bankers Association and the 51 other state bankers associations, urged leaders of the U.S. House and Senate in a joint letter Monday to set an independent review of recent banking agency rulemakings to assess their appropriateness in addressing risks within the banking sector. Congressional investigations into the causes of last year’s banking crisis remain incomplete, specifically regarding …

Read More »

2024 OBA Directory of Banks available for purchase

The 2024 OBA Directory of Banks is now ready to buy! This essential reference includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index and much more! Each Directory is $40 per copy for OBA-member bankers, …

Read More »

Better Together: OBA convention open for registration!

The Oklahoma Bankers Association and its member banks are better together … it’s become a mantra of sorts during Bryan Cain’s year as OBA chair, and it’s the focus of our annual convention this year! Nearly 200 banks and 20,000 bank employees ARE better together, and we’d sure like to a see a large representative portion of those at our …

Read More »

Better Together: OBA convention open for registration!

The Oklahoma Bankers Association and its member banks are better together … it’s become a mantra of sorts during Bryan Cain’s year as OBA chair, and it’s the focus of our annual convention this year! Nearly 200 banks and 20,000 bank employees ARE better together, and we’d sure like to a see a large representative portion of those at our …

Read More »

Publicize your promotions, hires!

The OBA runs a monthly “Oklahoma Bankers” feature in its newspaper where promotions and hires from member banks are highlighted. While the submissions seem to come in giant clumps during parts of year, forcing some to be pushed back a couple or even three months to be published, we appear to be between said “giant clumps.” Now is the time …

Read More »

OBA, ABA, other state associations ask CFPB to stop overdraft proposal

Warning that “consumers will lose” if the CFPB’s overdraft proposal is finalized, the OBA, American Bankers Association and all 51 other state bankers associations urged the Consumer Financial Protection Bureau via a joint comment letter on Monday to withdraw it. The proposal would re-classify overdraft as “credit,” despite Congress’ determination 50 years ago to the contrary, and would permit financial institutions to offer overdraft …

Read More »

Preliminary injunction issued against new CRA rules

A federal judge in Texas issued a preliminary injunction on Friday against the enforcement of revised rules implementing Community Reinvestment Act. The American Bankers Association, the Independent Community Bankers of America, the U.S. Chamber of Commerce, the Texas Bankers Asociation, alongside three other national and state associations, sued banking agencies in February for exceeding their statutory authority with their recent amendments to …

Read More »

Nominations open for OBA Board, first vice chair

Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …

Read More »