In This Issue… OBA to host Shred Fest with AARP Oklahoma and the Oklahoma County Sheriff’s Office Oklahoma issuing redesigned Oklahoma Driver License and Identification Cards OBA Bankers’ Night Out programs ready for spring Interested in leading our Emerging Leaders? OBA education corner … OBA to host Shred Fest with AARP Oklahoma and the Oklahoma County Sheriff’s Office On April …
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Trump issues executive order designed to ease mortgage lending rules
On Friday afternoon, President Trump signed a new executive ordered titled “Promoting Access to Mortgage Credit.” The order directs the Consumer Financial Protection Bureau and other financial regulators to consider a variety of changes aimed at making compliance easier for smaller, community banks. It also calls for agencies to revise existing policies to support community bank lending for construction, expand …
Read More »Treasury Department publishes reports to combat financial crimes
The Treasury Department recently announced the publication of three reports on efforts to combat financial crimes: the National Money Laundering Risk Assessment, the National Terrorist Financing Risk Assessment and the National Proliferation Financing Risk Assessment. It also released a report to Congress on technologies that financial institutions use to counter illicit finance involving digital assets. The risk assessments are the …
Read More »Week of March 9
In This Issue… From Adrian’s desk … Treasury Department publishes reports to combat financial crimes OBA Washington Visit registration open 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! • • • Just a quick …
Read More »Mullin is pick to lead Homeland Security; opens Oklahoma senate seat
President Trump took to Truth Social on Thursday to announce Oklahoma U.S. Sen. Markwayne Mullin is his choice to replace Secretary Of Homeland Security Kristi Noem. Sen Mullin – if confirmed by the Senate – would take over the position on March 31. The White House said it will pursue Mullin’s Senate confirmation as quickly as possible. With the announcement of Mullin’s …
Read More »Be aware of cyber threats originating from Iran
The FBI has issued reports regarding cyber threats in response to the U.S.- and Israel-launched strikes on Iran over the weekend. Here is information concerning these possible threats: Iranian Cyber Actors May Target Vulnerable U.S. Networks and Entities of Interest
Read More »Week of March 2
In This Issue… From Adrian’s desk … Be aware of cyber threats originating from Iran OCC releases proposed rule to implement Genius Act OBA Book Club Zoom meeting on Thursday First Friday Fraud Forum on deck this week Interested in leading our Emerging Leaders? OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just …
Read More »Nominations open for OBA Board, first vice chair
Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …
Read More »Week of Feb. 23
In This Issue… From Adrian’s desk … Capitol capital: What’s happening in D.C./OKC? Be aware of IMA Financial breach, upcoming fraud discussions Deadline approaching to participate in compensation survey OBA Bankers’ Night Out programs ready for spring OBA Washington Visit registration open OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …
Read More »Fed proposes changes to incentivize banks to originate, service mortgages
The Federal Reserve will soon issue proposals to change the regulatory capital framework in ways that incentivize banks to originate and service mortgages, Vice Chair for Supervision Michelle Bowman said at ABA’s Conference for Community Bankers in Orlando this past Tuesday. Specifically, the proposals would “remove the requirement to deduct mortgage servicing assets from regulatory capital while maintaining the 250% …
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