News

As we head into the weekend, we wanted to give our members a short roundup of information and stories from this week surrounding the failure of Silicon Valley Bank. • U.S. Treasury Secretary Janet Yellen reassured markets and lawmakers at a Senate Finance Committee on Thursday the federal government is committed to protecting U.S. bank deposits. • Oklahoma Sen. James …

In This Issue… OBA scholarship available for incoming Oklahoma college students Participate in our director compensation survey OBA partners with ODP Business Solutions for association member discounts Welcome, new strategic member! OBA education corner … OBA scholarship available for incoming Oklahoma college students Each year, the OBA awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, …

The failure of Silicon Valley Bank this weekend has been well covered in the national media. Local media here in Oklahoma might want to “localize” the story and reach out to our member banks for comment. To assist our banks, we put together some quotes and talking points below they are free to use and share. Also, all our banks …

The OBA is proud to promote the recognition of bankers who have devoted 50 or more years of service to the banking industry. All eligible nominees will be honored at the 2022 OBA Convention on May 18-20 at the Omni in Oklahoma City. Click here to download a nomination form. If you have any questions, please contact Janis Reeser at 405-424-5252 …

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 This Issue… OBA Bankers’ Night Out programs ready for spring Survey finds bank customers want more financial education for youth Welcome, new strategic members! OBA education corner … OBA Bankers’ Night Out programs ready for spring The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in …

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 …

In This Issue… Counterfeit savings bonds becoming issue in Oklahoma FinCEN posts alert on check fraud through postal service Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program OBA education corner … Counterfeit savings bonds becoming issue in Oklahoma The U. S. Secret Service has shared information that counterfeit U.S. Savings Bonds are being fraudulently negotiated in financial …

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 …

We need your help! HB 2218 is on the agenda in the House Banking Committee for Monday afternoon. This bill prohibits governmental entities from contracting with financial institutions that discriminate against firearm and firearm accessory manufacturers. We are opposed to this bill for the following reasons: . There are NO banks in Oklahoma discriminating against the firearms industry. . The …