Saturday, January 22, 2022

Payton Moody

Federal Reserve Bank of Kansas City Releases Fourth Quarter Energy Survey

https://www.asianchamberkc.com/our-members/federal-reserve-bank-of-kansas-city

The Fourth Quarter Energy Survey was released on Jan. 7 by the Federal Reserve Bank of Kansas City. The survey found that energy activity in the Tenth District climbed moderately from a quarter ago and increased further from year-ago levels, according to Chad Wilkerson, Oklahoma City Branch CEO and economist at the Federal Reserve Bank of Kansas City. Future activity …

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GSB announces dates for 2022 online seminars

The Graduate School of Banking at the University of Wisconsin-Madison has announced the upcoming 2022 dates for its online seminars. The webinars run from now through May. Below are the links to the seminars: January – February March April – May  

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GSBC, Leeds School of Business partner to offer executive leadership certificate in 2022

The Graduate School of Banking at Colorado (GSBC) has announced its new Certificate in Executive Leadership, developed in partnership with the University of Colorado Boulder Leeds School of Business. GSBC alumni may earn this certification by attending GSBC’s Community Bankers Summit, scheduled for July 25-27, 2022, on CU Boulder’s campus during the school’s 71st Annual School Session. Click here for …

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Banking school scholarships available

Several scholarships are now available to bankers from OBA-member banks for various graduate schools of banking and programs at those GSBs. Applications should be submitted to the OBA’s Janis Reeser by email (janis@oba.com), regular mail (643 N.E. 41st St., OKC, 73105) or fax (405-424-4518). Below are the available scholarships. Contact the OBA education department for more specific information about each …

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Week of Jan. 10

In This Issue… CFPB Section 1071 proposal deemed ‘unnecessarily far-reaching’ by ABA Banks notice rise in fraud, associated costs in 2021 Banking school scholarships available OBA education corner … CFPB Section 1071 proposal deemed ‘unnecessarily far-reaching’ by ABA While ABA and state bankers associations support fair lending laws and regulations, they are concerned about the CFPB’s long-awaited proposed rule to …

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Banks notice rise in fraud, associated costs in 2021

According to a new survey from LexisNexis Risk Solutions, banks experienced more monthly fraud attacks in 2021 than the previous year. The data determined that the average number of monthly fraud assaults for banks with annual turnover of more than $10 million has climbed from 1,977 to 2,320 since 2020. To read the full report from LexisNexis, click here.

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FDIC chairperson announces resignation

FDIC Building

FDIC Chairperson Jelena McWilliams announced her resignation today via a letter to President Joe Biden. McWilliams, a Republican, was named the 21st chairperson of the FDIC in June 2018 after being appointed by then-President Donald Trump. Her official departure has been set for Feb. 4, with FDIC board member Martin Gruenberg reported to become acting chairman – his third stint …

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Week of Jan. 3

In This Issue… Bankers at the State Capitol: Register for OBA’s 2022 Contact Banker Program FDIC chairperson announces resignation OBA offers promotions for upcoming year OBA welcomes new strategic member OBA education corner … Bankers at the State Capitol: Register for OBA’s 2022 Contact Banker Program We have set the dates for the 2022 Contact Banker Program. Click here to …

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FDIC chairperson announces resignation

FDIC Chairperson Jelena McWilliams announced her resignation today via a letter to President Joe Biden. McWilliams, a Republican, was named the 21st chairperson of the FDIC in June 2018 after being appointed by then-President Donald Trump. Her official departure has been set for Feb. 4, with FDIC board member Martin Gruenberg reported to become acting chairman – his third stint …

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Banking profits increase in third quarter

Net income at Oklahoma banks increased by more than 50% overall from the second quarter to the third quarter of 2021. The FDIC’s latest Quarterly Banking Profile, which was released in late November, showed good news for Oklahoma banks. After reporting $999 million in profits through the end of the second quarter, Oklahoma commercial banks showed more than $1.5 billion …

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