News

The Oklahoma Bankers Association has a new president and CEO for the first time in 33 years – but one with a familiar name – when Adrian Beverage assumed the post officially on Saturday, May 1. Beverage will be moving from his former position as chief of staff, executive vice president and director of government relations for the OBA, where …

Breaking news from the ABA: The Small Business Administration has just informed trade associations that Paycheck Protection Program funding has been exhausted and that the PPP application portal will stop accepting applications for loans from most lenders. SBA said that it has reserved approximately $6 billion in funding for previously submitted loan applications subject to hold codes that have yet …

In This Issue… Guidance updated on PPP whole loan sales Adrian Beverage assumes president/CEO position at OBA 2021 OBA Directory of Banks available OBA Convention quickly approaching! 2021 Senior Management Conference set for June in Las Vegas OBA education corner … Guidance updated on PPP whole loan sales The Small Business Administration extended its guidance this week on how lenders …

We have set the dates for the 2022 Contact Banker Program. Click here to find a sign-up form with the dates listed for this year’s program. We ask you select what dates work best for you and return your form to megan@oba.com. Once we have the groups finalized, we will send an email confirmation of your date. On the date …

Here’s some news before I get personal. Congress is in recess as this issue of our newspaper goes to press. The president has signed into law the new PPP Extension Act – H.R. 1799 – which extends the program through May 31 of this year, yet the details of how the PPP is working (or not) are still anyone’s guess. …

(Editor’s note: The following story ran in its orginal form in the May 2015 issue of Oklahoma Banker.) By Jeremy Cowen Senior Vice President/Communications Editor Like the mythical phoenix, Roger Beverage’s undying love and respect for community banks and bankers rose from ashes … the figurative ashes many years ago of a bank he himself was forced to close. They …

The Oklahoma Bankers Association 2021 Convention is set for May 24-26 in Oklahoma City, with the brand-new Omni Hotel as the host locale. This year’s convention will be slightly different than previous years as, after the cancellation of the 2020 Convention, several events will be packed into the schedule and there will be no keynote speaker to begin and end …

Memorandum To: All OBA-Member Banks Re: Nominating Committee for First Vice Chair Pursuant to Section 6.3 of the By Laws of the Oklahoma Bankers Association, OBA Chairman Rick Walker is required to appoint four current board members to serve on the Nominating Committee for the office of first vice chair. The Committee is chaired by the Immediate Past Chair, which …

Enough about the 2020 Presidential election and its aftermath. But it’s worth noting there’s a reason people are concerned about the “elections have consequences” part. I mentioned in this column or in another opinion piece a few weeks back that the dynamics of the Paycheck Protection Program would be much different going forward. They are, unfortunately, and they are leaving …

The Federal Deposit Insurance Corporation has released the agency’s latest strategic plan to incorporate and promote diversity, equity, and inclusion (DEI) in every aspect of its mission and operations. Internally, the FDIC’s plan continues to integrate the core principles of DEI into the agencies hiring, training and career development programs. Externally, the plan will improve these principles in the agency’s …