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 …
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TRID, Flood education programs postponed
Due to the winter weather forecast for this week, the TRID and Flood education programs have been postponed. TRID will move to April 22. Flood will move to April 23. We apologize for an inconvenience. Feel free to contact the education department if you have any questions.
Read More »Executive News: New legislative session cued up at state level
At noon, Monday, Feb. 3, the Oklahoma legislature convened for the First Session of the 60th Oklahoma Legislature. The legislative session will run until 5 p.m. on the final Friday in May. There were over 3,100 bills filed this year between the House and the Senate. With 31 new legislators, we were expecting a lot of bills to be filed. …
Read More »Trump shuffles deck at agencies, departments
Since taking office, President Donald Trump has made several changes to department and agency heads, many which have a direct effect on the banking industry. Trump removed Rohit Chopra as director of the Consumer Financial Protection Bureau at the end of January. He later announced that Treasury Secretary Scott Bessent will serve as acting director of the CFPB. Chopra had …
Read More »Organized ATM jackpotting groups still active, affects insurance coverage for banks
A search for key word “jackpotting” in OBA.com returns Fraud Alerts and other stories dating back to 2018. In 2024, we mentioned the increase in these ATM attacks on June 3, Aug. 19, Oct. 28, and Nov. 1. Jackpotting is a term used to describe cyber attacks on ATMs with the intent to illegally dispense cash without debiting an account. …
Read More »Week of Feb. 10
In This Issue… From Adrian’s desk … Funding to CFPB halts, future in question OBA, ABA to host webinar on credit card program Bankers at state Capitol: Register for OBA’s 2025 Contract Banker Program OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be …
Read More »OBA, ABA to host webinar on credit card program
Community banks understand the importance of having a payments relationship with their customers, but many banks do not have the staff, resources or appetite for risk to profitably manage a credit card portfolio. Recognizing the challenges community banks face in issuing and managing credit cards, the OBA and ABA have endorsed the agent credit card program of ServisFirst Bank. By …
Read More »Week of Feb. 3
In This Issue… From Adrian’s desk … Chopra terminated as CFPB director; treasury secretary named acting director OBA, ABA to host webinar next week on credit card program OBA Emerging Leaders Book Club unveiled Review your bank’s info for upcoming Directory of Banks OBA Bankers’ Night Out programs ready for spring OBA education corner … From Adrian’s desk … By …
Read More »Week of Jan. 27
In This Issue… From Adrian’s desk … Survey finds financial institution executives doubtful about data-sharing rule OBA, ABA to host webinar on national, state legislative issues Review your bank’s info for upcoming Directory of Banks; welcome to new strategic member OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that …
Read More »Trump names chairs, acting heads of several agencies, departments
Immediately upon assuming office last Monday, President Trump designated several chairs and acting heads of agencies and departments. Among agencies relevant to financial services, Trump designated the following: David Lebryk, fiscal assistant secretary of the treasury and the highest career official at the Treasury Department, as acting secretary pending the confirmation of nominee Scott Bessent. FDIC Vice Chairman Travis Hill …
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