Homepage News

The Treasury Department today released proposed rulemaking to require digital asset providers to obtain a federal or state license before issuing payment stablecoins, as required by the Genius Act. Payment stablecoin issuers will need to obtain a state or federal license beginning on Jan. 18, 2027. They will not be allowed to offer payment stablecoins in the U.S. unless they …

The OBA is currently discussing with its congressional delegation about the importance of the FCC stepping into a more active role in stopping telecommunications-enabled fraud. Telecommunications fraud — robocalls, spoofed caller ID, and bank/agency impersonation — is no longer a nuisance; it is a primary vector for financial crime hitting Oklahoma consumers and the community banks that serve them. Americans …

Lending to individuals who are not legally authorized to work in the U.S. may present elevated credit risk to financial institutions, the FDIC, Office of the Comptroller of the Currency and National Credit Union Administration said earlier this month in joint guidance. Earlier this year, President Trump issued an executive order directing regulators to provide guidance warning financial institutions “to …

Join fellow bankers and fraud fighters at the ballpark for a fraud-fighting field trip on Wednesday, Sept. 9. The Oklahoma City Comets host the Sugar Land Space Cowboys at 12:05 p.m. at Chickasaw Bricktown Ballpark. Before the game, OBA’s Sharon Lewis will provide attendees a brief fraud update and share practical fraud prevention tips bankers can pass along to customers …

Oklahoma S.B. 2067 becomes effective on Nov. 1, 2026 and establishes a framework for financial institutions to intervene when they suspect a “protected adult” is being targeted for financial exploitation and fraud. It mandates reporting while providing legal immunity to the institutions and their employees for acting in good faith to protect vulnerable customers. The OBA’s Scott Thompson has prepared …

The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2026 class; additionally, a reminder the process of selecting inductees was updated a few years back. First, for those interested in nominating a banker, here are some downloadable forms linked below – please return all nominations to Adrian Beverage (adrian@oba.com): Nominating instructions. Nomination form. If a person …

The federal banking agencies today released the 2026 list of certain geographies where certain bank activities are eligible for Community Reinvestment Act credit. The list includes distressed or under-served non-metropolitan middle-income geographies where revitalization or stabilization activities are eligible to receive CRA consideration, according to the agencies. Revitalization or stabilization activities in these geographies are eligible to receive CRA consideration …

The 2027 Oklahoma Views & Vistas Calendars are now ready – order yours by Aug. 31 to get the special low price of just $1.25 per calendar. Pricing after Aug. 31 is $1.50 per calendar. The deadline for all orders is Sept. 15, so as to be delivered to your bank by Nov. 15, 2026.  This is a great way to share …

Federal bank regulatory agencies jointly issued updated host state loan-to-deposit ratios in May. Each ratio compares the total loans in a state to total deposits in the state for all banks that are legally operating in that state. These ratios replace those issued in May 2025. Oklahoma dropped 1% to 85% in the ratios released, although still a 9% jump …

The OBA Book Club has announced its next book selection: “Atomic Habits” by James Clear. This bestselling book explores how small, consistent changes can lead to remarkable personal and professional growth over time. Through practical strategies and real-world examples, “Atomic Habits” offers insights into building good habits, breaking unproductive ones and creating systems that support long-term success. If the book …