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The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It is still critically important, however, our banks train for the “when” and not “if” as the safety of all our bankers and customers is a primary goal. The OBA has created an updated training video via Zoom, which features …

The Oklahoma Bankers Association 2023 Senior Management Conference is scheduled for April 2-4 at the Bellagio in Las Vegas. One of the key benefits in the conference will be talking with your peers. Attendees at the OBA 2022 Senior Management Conference will be surrounded by those with similar titles, similar workloads, similar problems and likely solutions to issues that can be …

In light of a nationwide surge in check fraud schemes targeting the U.S. Mail, the Financial Crimes Enforcement Network issued an alert on Monday to financial institutions to be vigilant in identifying and reporting such activity. This alert provided an overview of a recent surge in mail theft-related check fraud, highlighted select redflags to assist financial institutions in identifying and reporting suspicious activity and remindedfinancial …

SSA Lantz Stuart, with the U. S. Secret Service, one of our federal partners, has shared information that counterfeit U.S. Savings Bonds are being fraudulently negotiated in financial institutions across Oklahoma. He has notified us that losses were large ($176,000) for the impacted banks in Nevada where it originated and nationwide losses are estimated at over $50 million. This activity …

As the calendar turned to 2023, it became evident the Oklahoma Bankers Association was going to celebrate an important milestone anniversary this year for one of its employees.       Elaine Dodd, the OBA’s resident fraud expert, will have her 20th anniversary at the beginning of October. Hired in 2003, Dodd’s work has surpassed all hopes and expectations the OBA leadership …

Each year, the OBA awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, sibling or spouse who is a Professional Member of the Association. The student must enroll in an accredited Oklahoma institution of higher education. The applicant must also be graduating from an Oklahoma high school. A panel of bankers will select the winning applicant. …

American Bankers Association SVP Paul Brenda relayed to CNBC how check fraud is one of the oldest scams in finance but it is still one of the most pressing. “Banks reported nearly 250,00 cases of check fraud nationwide in 2021,” cited by CNBC. Brenda reported the source of the issue as the inadequacies of the Postal Service to protect the …

The OBA is proud to report we have a new MAFIA group in Southwest Oklahoma. Detective David Folkert will host the new group at 9:30 a.m. on the third Wednesday of each month. Joy McGill, AARP, will be the speaker at the Feb. 15 meeting and you can be added to the roster to receive intelligence and meeting invitations by …

The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition to state and federal legislative …

The continual change of DDoS demonstrates how this is far from over. “Working with our sector’s critical providers like Akamai, who have first-hand knowledge of how DDoS is affecting the financial sector, enables us to arm our members with the understanding and guidance they need to better protect their firms and customers,” said Teresa Walsh, Global Head of Intelligence at …