The OBA is proud to announce the group of inductees for the Oklahoma Bankers Hall of Fame, with the ceremony set for Dec. 2 in Oklahoma City. Bruce Benbrook, a longtime Woodward banker who is currently CEO and chairman of The Stock Exchange Bank in Woodward; Steve Burrage, a southeastern Oklahoma stalwart who is chairman of FirstBank in Antlers; the …
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Week of Aug. 16
In This Issue… 2021 Hall of Fame inductees unveiled OBA Bankers’ Night Out programs ready for fall Results compiled from OBA bank vaccine survey OBA Emerging Leaders Academy now accepting applications August Office Depot savings for OBA member banks OBA education corner … 2021 Hall of Fame inductees unveiled The OBA is proud to announce the group of inductees for …
Read More »Results compiled from OBA vaccine survey
The OBA sent out last week a short survey about the COVID vaccine and whether our member banks have, or plan to have, a mandate for their employees. We wanted to share the results of the non-scientific survey with our members. Here are the results: (answers | percentage of total answers) Q1: Does your bank have a COVID vaccine mandate …
Read More »Week of Aug. 9
In This Issue… Results compiled from OBA bank vaccine survey CareerTech looks to partner with banks on apprenticeships 2021 versions of banking code, trust books available OBA education corner … Results compiled from OBA bank vaccine survey The OBA sent out last week a short survey about the COVID vaccine and whether our member banks have, or plan to have, …
Read More »OCC gives additional exam procedures for remittance transfers
The Office of the Comptroller of the Currency issued on Monday supplemental examination procedures on remittance transfers covered by Regulation E. The supplemental procedures align the OCC’s supervisory approach with amendments to Reg E by the Consumer Financial Protection Bureau that took effect July 21, 2020. The Reg E amendments permanently allow depository institutions to estimate certain fees and exchange …
Read More »Week of Aug. 2
In This Issue… Information about Advance Child Tax Credits deposits into closed accounts Tax commission seeks feedback on ELT system OCC gives additional exam procedures for remittance OBA Bankers’ Night Out programs ready for fall OBA education corner … Information about Advance Child Tax Credits deposits into closed accounts The OBA’s compliance department wants banks to be aware the IRS …
Read More »SBA allows direct PPP forgiveness, bypassing banks
Politico reported today the SBA plans to outline a new initiative aimed at encouraging borrowers with loans of $150,000 or less — accounting for more than 90 percent of the pandemic-era program — to apply for loan forgiveness. According to the report, the SBA will notify banks that the agency is setting up its own online, consumer-facing forgiveness platform. Rather …
Read More »Week of July 26
In This Issue… Tenth District services, manufacturing activity show increases 2021 Oklahoma Banking Code Book available for purchase OBA education corner … Tenth District services, manufacturing activity show increases Tenth District services activity, as well as manufacturing activity, rose in July, and expectations for future activity remained positive, according to joint releases from the Oklahoma City Federal Reserve late last …
Read More »SBA offering webinar on changes coming to the PPP Forgiveness Portal
Dustin Allen with the SBA’s Oklahoma District Office would like to invite all Oklahoma lenders to attend a webinar on changes coming to the PPP Forgiveness Portal. This update will focus on the new Direct Forgiveness process and how lenders can opt in. The webinar will be held on Monday, July 26 at 10 a.m. and should last 30-45 minutes. …
Read More »Week of July 19
In This Issue… ABA urges bankers to encourage lawmakers to co-sponsor ECORA Act OBA Emerging Leaders Academy now accepting applications 2022 Oklahoma Views & Vistas Calendar available for earlybird order OBA endorses Promontory MortgagePath OBA education corner … ABA urges bankers to encourage lawmakers to co-sponsor ECORA Act ABA is calling on bankers to encourage their lawmakers to co-sponsor the …
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