Oklahoma Banker

Summer is officially here and the temperature outside is heating up. The same can be said for what’s happening in Washington, D.C., but for now, all the heat is coming from the regulatory side and some action in congressional hearings. In August, you might recall th e FDIC issued a Supervisory Guidance on Multiple Re-Present NSF Fees. The initial guidance …

The Credit Card Competition Act has returned to Congress. This same legislation was introduced late last year and the supporters of this measure tried feverishly to get it passed in the last couple of days during the 117th Congress. We greatly appreciate all the members who stood strong for community banks and opposed this measure at every turn. We have …

We have finally reached June and you know what that means: The Oklahoma legislature has gone home and we can all enjoy the summer. Unfortuna tely, it isn’t the case this year. The regular session did adjourn on May 26, but the special session has yet to adjourn. Early in May, the legislature started a special session to run concurrently …

Federal bank regulatory agencies issued last month 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 those from June 2022. Oklahoma moved to 76% in the ratios released. Other neighboring states were as follows: Arkansas — 72%. Colorado — 65%. Kansas …

We are six weeks out from the end of the legislative session which means we are two weeks away from what is often referred too as the “silly season.” The last four weeks of session is when bills come out of nowhere, and it seems, at times, like there aren’t any rules. I don’t necessarily intend to speak negatively of …

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 2023 OBA Convention and Trade Show will make its appearance in early May when it will be held on May 8-10 at the Embassy Suites in Oklahoma City. This year’s theme is centered around the Oklahoma Bankers Association and Oklahoma banking family. The OBA and its member banks constitute a family … and the family is made up of …

March is the time of year we have hopefully started the transition from the cold and wintry weather to warmer weather and a quiet storm season. We are living through a similar transition at the state capitol. Thursday, March 2, was the first legislative deadline of this year’s session, and it couldn’t get here fast enough. There are so many …

Oklahoma’s commercial banks saw a decrease in net income earnings in the fourth quarter from the fourth-quarter mark from last year, according to the FDIC’s Quarterly Banking Profile. The Quarterly Banking Profile was released at the end of February and showed mixed news for both the state’s banks and the nation’s. Oklahoma banks saw their net income increase from $1.3 …

Here we go, it’s time for another legislative session in Oklahoma City. The 1st Session of the 59th Oklahoma Legislature convened at noon on Monday, Feb. 6. Gov. Kevin Stitt kicked off the start of session by delivering his State of the State address. We’ll breakdown the governor’s speech and what he wants to accomplish this upcoming session later in …