Saturday, June 21, 2025

News

Week of June 16

In This Issue… From Adrian’s desk … Agencies seek comment on fighting payments fraud Service Oklahoma provides updated resources for upcoming ELT issuance ABA accepting nominations for Emerging Leader Awards United Way Emerging Leaders hosts networking opportunity for young professionals OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that …

Read More »

Adjustments made in electronic title administration

After meeting with stakeholders, Service Oklahoma is adjusting how electronic titles will be administered when the transition begins next month. To accommodate dealer business needs, paper titles will now be issued by default during initial title transactions. This update was made in direct response to partner feedback and ensures dealers can continue their current processes without additional steps or notarization. …

Read More »

FDIC issues regulatory relief guidance for Oklahoma, other states

The FDIC released guidance on Monday with steps intended to provide regulatory relief to financial institutions and facilitate recovery in seven states recently affected by natural disasters, including the wildfires in Oklahoma earlier in the spring. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties, including extending repayment terms, restructuring existing loans or easing terms …

Read More »

Week of June 9

In This Issue… From Adrian’s desk … Adjustments made in electronic title administration Oklahoma agencies to host virtual fraud prevention conference Participation open for upcoming salary survey OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! •        …

Read More »

OBA updates large withdrawal questionnaire, guidance

We first published this large withdrawal questionnaire and guidance in December 2024 and numerous member banks have since adopted use of these documents when they felt their customer was being victimized by a scam. With input from some of those users, we’ve made a few updates, which you can download in the links above. We’d also like to share a …

Read More »

ABA, OBA, other state bankers associations oppose credit card rate caps to bill

In a letter to the Senate late last month, the American Bankers Association, the OBA and 51 other state bankers associations expressed strong opposition to any effort to attach the 10 Percent Credit Card Interest Rate Cap Act as a poison-pill amendment to the unrelated GENIUS Act or any other legislative vehicle. The associations outlined why the legislation, which would …

Read More »

Week of June 2

In This Issue… From Adrian’s desk … FDIC issues regulatory relief guidance for Oklahoma, other states OBA Book Club announces next selection Bank Fraud Investigators Group meeting set for June United Way Emerging Leaders hosting networking opportunity for young professionals OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that …

Read More »

Week of May 26

In This Issue… From Adrian’s desk … ABA, OBA, other state bankers associations oppose credit card rate caps to bill Join your peers on Capitol Hill: 2025 OBA Washington Visit set! Welcome new OBA strategic partners OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest …

Read More »

OBA updates large withdrawal questionnaire, guidance

We first published this large withdrawal questionnaire and guidance in December 2024 and numerous member banks have since adopted use of these documents when they felt their customer was being victimized by a scam. With input from some of those users, we’ve made a few updates, which you can download in the links above. We’d also like to share a …

Read More »

Report: Limiting credit card interchange fees would harm consumers

Legislation intended to reduce credit card interchange fees would lead to less access to credit and disproportionately harming low-income households because of reduced revenue for community banks and credit unions, according to a recently published academic report. The Credit Card Competition Act by Sens. Dick Durbin (D-Ill.) and Roger Marshall (R-Kan.) would impose new network routing mandates on financial institutions …

Read More »