Fifty-two state bankers associations, including the OBA, expressed strong support for the Federal Communications Commission’s proposals to ensure that all voice service providers in the path of a call take meaningful responsibility for keeping illegal calls off the U.S. calling network, in a letter sent to the FCC last week. In the letter, the associations expressed support for the FCC’s …

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert recently to urge financial institutions to be vigilant in detecting, identifying and reporting suspicious activity connected to fraud schemes targeting The U.S. Department of Education’s Office of Federal Student Aid programs. Fraud rings use stolen and fraudulent identities, as well as other tactics, to enroll in …

Calling all fraud fighters – join us on the first Friday of each month! In an attempt to communicate fraud trends to our member banks in all areas of the state, we will start holding monthly “First Friday Fraud Forum” virtual meetings via Zoom. These meetings are for OBA members only. We will cover information on the latest fraud trends …

The OBA was proud to host Shred Fest in partnership with AARP Oklahoma and the Oklahoma County Sheriff’s Office, with special thanks to Absolute Data Shredding for providing secure on-site shredding services. AARP Oklahoma will also host additional shredding events on April 18 in Shawnee and Enid, April 22 in Edmond and May 2 in Tulsa. Thank you to everyone …

CrimeDex is an online network and alert system leveraged by thousands of fraud, loss prevention, and law enforcement professionals collaborating to prevent loss from complex financial crimes, organized retail crime, etc. CrimeDex allows professionals to share, search and leverage relevant information on criminal acts and subjects between businesses and law enforcement. Oklahoma formerly relied on the COCHA/EPCOR Alert Service or …

Federal regulators issued a joint final rule last week that will “lower the community bank leverage ratio from nine percent to eight percent, which will provide more flexibility for community banks to opt into the framework.” The final rule, which goes into effect on July 1, takes into account the unique business models and risk profiles of community banks. Specifically, …

The federal banking agencies rescinded existing risk management model guidance late last week and replaced it with revised principles that they said better account for a financial institution’s size and complexity. The new guidance by the Federal Reserve, FDIC and Office of the Comptroller of the Currency “clarifies that model risk management should be tailored commensurately to the size, complexity …

Pursuant to Article V, Section 5.4 of the By Laws of the OBA, notice is hereby given of the slate of nominees that have been selected by each of the Board’s nominating committees to serve a three-year term on the Board of Directors. The slate of nominees will be considered by the membership on May 19 at the annual meeting …

Federal regulators issued a joint final rule that will “lower the community bank leverage ratio from nine percent to eight percent, which will provide more flexibility for community banks to opt into the framework.” The final rule, which goes into effect on July 1, takes into account the unique business models and risk profiles of community banks. Specifically, the final …

The Mother Road is calling your name, but we at the OBA would love to see you take a quick detour off of Route 66 during its centennial celebration this year to visit us for “Route 2026” – our annual OBA Convention! Join us in Oklahoma City this May for the can’t-miss event of the year—packed with valuable sessions, networking, …