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Agencies recently issue host state loan-to-deposit ratios

Federal bank regulatory agencies recently issued the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year’s ratios from June 2020. By law, a bank is generally prohibited from establishing or acquiring branches outside of its home state primarily for …

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Former OBA president/CEO honored at convention

During our convention last week, we held a special ceremony for our recently retired president and CEO, Roger Beverage. During the ceremony, a video was shown of Sen. James Lankford giving a speech on the U.S. Senate floor commemorating Beverage’s 33 years as the OBA’s chief. Additionally, a slideshow of various photos from Beverage’s time with the OBA was shown. …

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Watch 2021 OBA Convention opening video

Didn’t make it to convention this year? Well, we really missed you! But we’ll have plenty of things to show from our three days in Oklahoma City last week in the coming days. For starters, below is the convention opening video that highlighted how the OBA truly is the place “where everybody knows your name!” https://www.oba.com/wp-content/uploads/2021/05/Opening-Video.mp4

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Convention time is here!

The OBA Convention begins on Monday! We encourage attendees to bookmark our dedicated mobile web page for the convention, which includes the schedule, speaker bios, sponsors and more. Click here to visit the page. Those on iPhones can save the page on their home screen like an app by simply hitting the share button at the bottom of the screen …

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Make your nominations for OBA 50-Year Club

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 2021 OBA Convention, held May 24-26. Click here to download a nomination form. If you have any questions, please contact Janis Reeser at 405-424-5252 or janis@oba.com.

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Join a 2021-2022 OBA committee

NOW is the time to get involved in your Association, and one good way to accomplish this is to join one of our committees! We are now taking names for those interested in our committees for the 2021-20220 year. By participating with the group three to four times a year, you learn more about your profession, meet other bankers, share …

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Join an 2021-2022 OBA Committee

NOW is the time to get involved in your Association, and one good way to accomplish this is to join one of our committees! We are now taking names for those interested in our committees for the 2021-20220 year. By participating with the group three to four times a year, you learn more about your profession, meet other bankers, share …

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Oklahoma banks make more than $1 billion in PPP loans

ince the Paycheck Protection Program reopened earlier this month for the third round, Oklahoma banks have made the majority of more than 27,000 loans worth more than $1.3 billion in the state thus far. These numbers represent the 8th and 18th most, respectively, of all the states. Nationally, 891,044 loans have been made to date in Round 3 totaling nearly …

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SBA issues procedural notice addressing second-draw loans

Pen and paper

As the Small Business Administration works to resolve several issues with the Paycheck Protection Program, it issued a procedural notice this week outlining how it will move forward with the processing of second-draw PPP loan applications for borrowers who still have an unresolved issue related to their first-draw loan. “This is a timely issue that was discussed by the OBA’s …

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