Wednesday, June 23, 2021

Roger Beverage

Executive News: What, me worry?

Some people may remember (or perhaps be familiar with) Mad Magazine, a satirical publication that attacks politicians, popular culture, politics in general, entertainment and other public figures. It began publishing in the early 1950s, and I used to read it religiously, even though it was/is admittedly a bit weird. Maybe that’s why I liked it. What many of my friends …

Read More »

Executive News: Affordable care, tax reform, North Korea …

As we begin the second half of 2017, the news is full of information about Congress’ efforts to repeal and replace the Affordable Care Act (Obamacare) and tax reform. In addition, the recent ballistic missile and nuclear tests conducted by the North Korean regime of Kim Jong-un have also received a great deal of attention. Pretty unsettling stuff, especially the …

Read More »

Executive News: A visit with the chairman …

As this issue of the Oklahoma Banker goes to press, we just concluded an event hosted by the OBA on behalf of and featuring Sen. James Lankford.  The function was attended by about 60 bankers from across the state. What an incredible public servant is Sen. Lankford! In addition, Lankford invited the chairman of the Senate Banking Committee, Sen. Mike …

Read More »

HMDA data collection builds issues for banks

Jan. 1, 2018, is a date that might go down in history or live in infamy. It’s the date the provisions of a revised Regulation C go into effect. For traditional community banks, there are some pitfalls – or minefields as I prefer to think about them.  The new reporting requirements will dramatically increase your bank’s data collection and reporting …

Read More »

Executive News: Tempered optimism, banker unity on display

Late last month, I was honored by being asked to make a keynote presentation for Commerce Street Capital. I had the opportunity to visit with bankers from both Oklahoma and Texas about the prospects of regulatory relief for traditional banks. The title of my presentation was “Tempered Optimism”, which I based on a lack of evidence that Republicans in Congress …

Read More »

Dodd-Frank Act misfires in assisting consumers

It was intended to protect consumers from abusive practices by people working the nation’s largest investment banks on Wall Street and other financial services centers. Their collective interest was on earning bigger fees rather than taking care of their customers. It was intended to promote financial stability by dramatically improving accountability and transparency in the financial system. It was touted …

Read More »

Please participate in new Regulatory Feedback Initiative survey

Change is in the air at the federal bank regulatory agencies and we hope to maximize our opportunity to make needed changes to the regulatory environment. But, we need your help. Please join bankers across America by participating in the Regulatory Feedback Initiative. Our new, streamlined “Post Exam Survey” will provide banking advocates with the data needed to identify problems …

Read More »

Executive News: Working together …

There have been some recent happenings that have given me more optimism than I had after the health care “repeal and replace” fiasco blew up in Congress in late March. One is that the focus on bank customers is finally beginning to make its mark. By saying “It’s the customer, stupid!” us political types flash back to James Carville and …

Read More »

Community bankers meet with President Trump to discuss regulatory challenges

WASHINGTON — This morning, a diverse group of community bankers from across the country met with President Trump to discuss how the current regulatory environment affects their bank’s ability to serve customers and drive economic growth. Among the attendees were ABA President and CEO Rob Nichols, ICBA President and CEO Camden R. Fine and nine bankers, including ABA officers and …

Read More »