The OBA is proud to host the Democratic and Republican gubernatorial candidates in a virtual meeting next week! Mike Mazzei and Cyndi Munson, the two major-party candidates who will contend in the election later this month, will be part of a Zoom meeting open to all OBA-member bankers on Thursday, Oct. 29. The meeting will open with Mazzei at 9 …
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2026 Salary & Cash Compensation Survey results available for purchase
The results of the 2026 Salary & Cash Compensation Survey have been compiled and are available for purchase by both participants in the survey, as well as non-participants. Pricing for OBA members who participated in the survey is $450. The cost for members who didn’t, but would still like the results, is $1,050. Contact Thi (thi@oba.com) at the OBA to …
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 »Softer credit conditions expected by bank economists
Credit conditions are expected to weaken slightly over the next six months as inflation remains elevated and financial conditions remain restrictive, according to the American Bankers Association’s latest Credit Conditions Index released last week. ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s Economic Advisory Committee. The EAC includes …
Read More »Agencies raise asset threshold for 18-month exam cycle
Federal banking agencies (Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation) issued an interim final rule last week that doubles the asset threshold for small insured depository institutions to be eligible for an extended 18-month on-site examination cycle. Eligibility for the 18-month cycle does not apply automatically. To qualify, a bank …
Read More »Agencies promise more scrutiny of core provider business practices
The federal banking agencies pledged late last week to step up oversight of third-party core providers whose business practices “unreasonably limit” community banks from conducting due diligence or from negotiating contract terms that address the banks’ business needs. The FDIC, Federal Reserve and Office of the Comptroller of the Currency issued a joint statement “to provide clarity on their risk-based …
Read More »ABA, ICBA, others warn Clarity Act fails to protect community banks
Proposed language in the Clarity Act giving regulators a short time frame to decide whether to close the stablecoin payment-of-interest loophole is no safeguard against the deposit flight that would harm many community banks, the ABA, ICBA and a coalition of banking trade associations said. Senate Republicans on Monday, September 14, released a new draft of the Clarity Act as …
Read More »OBA, state bankers associations, support FCC proposal to help stop illegal calls
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 …
Read More »FinCEN alert issued on fraud schemes targeting federal student aid
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 …
Read More »OCC offers new requirements for releasing confidential data
The Office of the Comptroller of the Currency is proposing to restructure its processes for making bank information available for public review, according to an agency announcement. The proposed rulemaking seeks to strike a better balance between public disclosure and protecting confidential information collected as part of agency supervision, the OCC said. The proposal comes less than a month after …
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