Oklahoma Banker Direct

Pursuant to Article V, Section 5.4 of the By Laws of the OBA, notice is hereby given of the slate of nominees that have been selected by each of the Board’s nominating committees to serve a three-year term on the Board of Directors. The slate of nominees will be considered by the membership on May 19 at the annual meeting …

On Friday afternoon, President Trump signed a new executive ordered titled “Promoting Access to Mortgage Credit.” The order directs the Consumer Financial Protection Bureau and other financial regulators to consider a variety of changes aimed at making compliance easier for smaller, community banks. It also calls for agencies to revise existing policies to support community bank lending for construction, expand …

President Trump took to Truth Social on Thursday to announce Oklahoma U.S. Sen. Markwayne Mullin is his choice to replace Secretary Of Homeland Security Kristi Noem. Sen Mullin – if confirmed by the Senate – would take over the position on March 31. The White House said it will pursue Mullin’s Senate confirmation as quickly as possible. With the announcement of Mullin’s …

Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …

Be sure to bookmark our dedicated mobile web page for convention, which includes information on the golf tournament, the overall convention schedule, exhibit floor plan, sponsors and more at www.oba.com/convention. Those using iPhones can save the page on their home screen like an app by simply hitting the share button at the bottom of the screen (icon at center that …

Pursuant to Article V, Section 5.4 of the By Laws of the OBA, notice is hereby given of the slate of nominees that have been selected by each of the Board’s nominating committees to serve a three-year term on the Board of Directors. The slate of nominees will be considered by the membership on May 13 at the annual meeting …

The federal bank regulatory agencies today announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final rule. As of now, this is NOT official, but just stated as the INTENT to EVENTUALLY …

The January deadline for covered businesses to register their beneficial ownership information is on hold following a order from the Fifth Circuit Court of Appeals on Thursday. On Monday, the Fifth Circuit lifted a nationwide injunction issued by the district court judge earlier this month in a Texas lawsuit challenging the Corporate Transparency Act, which requires covered businesses to report …

A federal judge in Texas has issued a preliminary injunction to block enforcement of the requirement for businesses to report their beneficial owners to the Financial Crimes Enforcement Network. The injunction comes less than a month before the requirement’s Jan. 1 deadline. It states covered companies nationwide do not need to comply with the Jan. 1 reporting deadline, unless a …

The recent failure of First National Bank, in Lindsay, while tragic, brought an important issue to the forefront of our industry, particularly here in Oklahoma. With previous bank failures in recent years, all depositors were eventually made whole – which also included those over the current $250,000 FDIC limit. With the failure of the Lindsay bank, however, the FDIC has …