News

Deposit account questions and answers Other frequently asked questions The OBA Compliance Team fields well over a hundred email messages every month, along with a healthy number of telephone inquiries. This month, our Legal Briefs include a sampling of the emails, which have been anonymized to remove the names of banks and individuals. Deposit account questions and answers. Compiled by …

Check out the new semi-regular feature in the OBA Update — OBA TikTok Time … ! The OBA created a TikTok account to feature fun, entertaining little video segments that feature our bankers and those who work with them. No, you don’t have a TikTok account to view these short videos as you can navigate directly there just by using the link we provide …

In This Issue… From Adrian’s desk … New real estate ownership laws go into effect Nov. 1 – OBA to host Zoom meeting with attorney general’s office Banking agencies release CRA regulation changes OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of …

In late September, the OBA made its annual trek to the nation’s capital for the Annual Washington Visit. It was a record-setting trip as there were 100 individuals registered for the visit. This is a record for us and is one of the largest crowds for any state banking association ever. While there were lots of laughs, fellow ship and …

The 2023 induction class for the Oklahoma Bankers Hall of Fame was unveiled in September. Nevyle Cable, Jim Hamby, Harry Leonard and Ted McGuire will make up the 2023 class and officially be inducted on Dec. 7 at the Oklahoma History Center in Oklahoma City. Nevyle Cable is the longtime president and CEO of First National Bank and Trust Co., …

The U.S. Senate Committee on Banking, Housing and Urban Affairs passed the SAFER Banking Act late last month, which protects financial institutions that provide banking and financial services to cannabis-related businesses. The vote marked the first time the Senate, in any form, has voted in favor of either the SAFER Banking Act, or its predecessor, the SAFE Banking Act. While …

According to a national survey conducted by Morning Consult for the American Bankers Association, U.S. consumers do not realize the distinctions between banks and credit unions and think the two should have equal standards. Most consumers responded that any business providing bank-like services should have the same rules and regulations as banks. Likewise, 18% of Americans understand that credit unions …

The OBA runs a monthly “Oklahoma Bankers” feature in its newspaper where promotions and hires from member banks are highlighted. While the submissions seem to come in giant clumps during parts of year, forcing some to be pushed back a couple or even three months to be published, we appear to be between said “giant clumps.” Now is the time …

In This Issue… From Adrian’s desk … Organizations recommend study into proposed capital requirements Publicize your promotions, hires OBA schedules Oktoberfest Golf Tournament OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! •        •         • …

The ABA created the Check Fraud Claim Directory to help banks of all sizes resolve check fraud claims as efficiently as possible. The directory provides contact information for banks needing to file a check warranty breach claim with another financial institution. The directory is searchable by bank name, city, state or FDIC number so banks can easily find a person or email …