Wednesday, May 15, 2024

News

Week of April 24

In This Issue… OBA Convention room cutoff deadline this week! OBA, other state associations, ABA tout banking industry to Congress Send in your bank family photos! OBA education corner … OBA Convention room cutoff deadline this week! The cutoff for reserving a room in the OBA’s room block at convention next month has been extended to Friday, April 28. The …

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2023 OBA Directory of Banks available for purchase

The 2023 OBA Directory of Banks is now ready to buy! This essential reference includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index, and much more! Each Directory is $40 per copy for OBA-member bankers, …

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Week of April 17

In This Issue… We are family: OBA Convention open for registration SBA issues final rule, stops 7(a) lender moratorium 2023 OBA Directory of Banks available for purchase OBA education corner … We are family: OBA Convention open for registration The Oklahoma Bankers Association and its member banks constitute a family … and the family is made up of many members. …

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Guide for 2023 HMDA reporting now available to download.

The Federal Financial Institutions Examination Council’s 2023 guide reflects an amendment to the 2020 HMDA rule to make adjustments to loan volume thresholds which are effective Jan. 1, 2023; it is imperative to HMDA reporting. This guide focuses on HDMA data submitted due by March 1, 2024, please click here for more information.

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SBA issues final rule, stops 7(a) lender moratorium

The Small Business Administration issued a final rule this week to lift the moratorium on the number of non-depository lenders in the 7(a) program. Through the 7(a) program, banks and other lenders provide loans to underserved small businesses. The number of non-depository institutions in the program has been capped at 14 institutions for decades, but that cap is eliminated under …

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Week of April 11

In This Issue… Send it your bank family photos! Upcoming Oklahoma Banker newspaper combines April, May issues Deadline for OBA scholarship approaching OBA partners with ODP Business Solutions for member discounts Welcome, new strategic members OBA education corner … Send in your bank family photos! The Oklahoma Bankers Association and its member banks constitute a family … and the family …

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Week of April 3

In This Issue… CFPB sets policy statement on abusive acts, practices We are family: OBA Convention open for registration! Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program Thank you to our Senior Management Conference sponsors! OBA education corner … CFPB sets policy statement on abusive acts, practices The Consumer Financial Protection Agency on Monday issued proposed guidance …

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ABA Journal reports share of performing mortgages rise in Q4

The report is generated from seven large banks representing 22% of all outstanding residential mortgages. Shows a decrease in foreclosures for the quarter but an increase from the previous year. Servicers initiated 9,166 new foreclosures in the fourth quarter, a decrease from the prior quarter but up from a year ago. Mortgage Metrics Report: Share of performing mortgages rises in …

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OBA board nominees selected for consideration by membership

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 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 9 at the annual meeting and …

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OBA, other state associations, ABA tout banking industry to Congress

The U.S. banking system remains the deepest and most resilient in the world, and the diversity of banks serving communities across the country continues to be a source of strength for the nation’s economy, the OBA, the American Bankers Association and 50 other state bankers associations said last week in a letter to congressional leaders. The groups noted that while the …

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