The banking system remained strong overall, with robust capital and liquidity and improved asset quality in the second half of 2021, according to the Federal Reserve’s latest supervision and regulation report released in early May. The Fed said that risk monitoring will continue for potential effects of the pandemic and new geopolitical risks, including Russia’s invasion of Ukraine. The banking …
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A recent American Banker op-ed by ABA president and CEO Rob Nichols criticized CFPB director Rohit Chopra’s controversial practices that have failed to put consumer interests at the forefront of the bureau’s actions. In the op-ed, Nichols addressed the way Chopra lumps certain consumer fees and how it has updated its exam manual in a way that elevates decision-making to …
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Many rural communities face challenges with online-banking options and internet access, leading to heavy reliance on physical bank locations. The CFPB reported a data spotlight on April 19 highlighting the challenges faced regarding rural banking access in areas referred to as ‘banking deserts’. The report looks at how the situation of rural banking customers is unique, and outlines the CFPB’s …
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All exhibitor booths for the upcoming OBA Convention have been SOLD OUT. We apologize for any inconvenience to those who still hoped to secure an exhibitor space, but we are excited to have many top-notch guests displaying their services for our bankers in attendance! Sponsorships for both the convention and golf are still available, however – reach out to Thi …
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Julie Stovall, with American Exchange Bank in Okemah, was elected by a vote of her peers to be the incoming OBA Emerging Leaders chair. Stovall will serve a two-year term and will work closely with OBA staff to continue to build and direct the OBA Emerging Leaders program. The chair will also serve as a member on the OBA Board …
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The ABA Foundation is celebrating 25 years of Teach Children to Save, and you’re invited to join in on the fun! April 28 marks the special day and all banks and bankers are encouraged to participate. Help elementary and middle schoolers in your community learn good savings habits through free, banker-led outreach opportunities. Whether you raise financial awareness in your …
Read More »Registration is now open for 2022 OBA Convention! Do you have jams and day-glo shirts in your closet? Do you long for the days of playing Space Invaders and Pac-Man at the local arcade? Are Simple Minds and Thompson Twins blaring out of your car speakers? Is watching Jake Ryan surprise Samantha in front of the church your idea of feel-good movie watching? If any of the answers to the …
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The OBA has heard from bankers interested in serving as chair of the Emerging Leaders Division. This position is open to any OBA Emerging Leaders who are currently enrolled in OBA Emerging Leaders Academy or had previously graduated from an OBA Leadership Academy. The Emerging Leaders chair will serve a two-year term and will work closely with OBA staff to …
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The FDIC released a request for information last week, as it seeks input on bank merger transactions, particularly wanting comments regarding the application of the laws, practices, rules, regulations, guidance and statements of policy that apply to merger transactions involving one or more insured depository institutions, including the merger between an insured depository institution and a non-insured institution. The FDIC stated …
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The OBA is proud to promote the recognition of bankers who have devoted 50 or more years of service to the banking industry. All eligible nominees will be honored at the 2022 OBA Convention on May 18-20 at the Omni in Oklahoma City. Click here to download a nomination form. If you have any questions, please contact Janis Reeser at 405-424-5252 …
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