News

In This Issue… From Adrian’s desk … Thompson hired as OBA general counsel FDIC issues additional information on revised signage regulations OBA soliciting CD bids Holiday signs available; welcome to new strategic member, endorsed vendor OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to …

In This Issue… From Adrian’s desk … State banking board approves reduction in 2025 assessments Bank fraud group schedule meetings for early December OBA offices closed Thursday, Friday for Thanksgiving 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! • …

Well, it’s finally over, the 2024 elections have come and gone and now we must look and see what the future looks like for our industry. You could argue the 2024 election cycle has been going on for nearly four years, I don’t know if we ever had a break. We’ll get into what we can almost expect to happen …

As this issue of Oklahoma Banker goes to press, the Republican Party emerged energized after the elections across the country on Nov. 5. Donald Trump won the presidential race over Vice President Kamala Harris. The Republican Party also regained control of the U.S. Senate, although the exact majority in the 100-person chamber was still unclear at press time. Control of …

The Oklahoma Bankers Hall of Fame will induct the four bankers who we re selected for its 2024 class in early December. Guy Berry III, Herschel Brewster, Brad Krieger, and Gregg Vandaveer will make up the 2024 class. The inductees were selected by a panel of bankers from across the state, and were voted on late last week. The induction …

The Office of the Oklahoma State Treasurer announced the relaunch of the Agricultural Linked Deposit Program, an initiative designed to support Oklahoma’s farmers, ranchers and agricultural businesses. The program, which launched on Nov. 1, will provide financial assistance to at-risk farms and alternative agricultural ventures. Through the Agricultural Linked Deposit Program, eligible agricultural businesses can access lower-interest loans to sustain …

The Treasury Department’s Bureau of the Fiscal Service implemented a new payee name validation capability within its Treasury Check Verification System application programming interface on Monday, according to a notice from the bureau. The change comes roughly a year after regulators tightened liability standards for Treasury check returns. TCVS is a tool that assists financial institutions with Treasury check verification. …

In This Issue… From Adrian’s desk … CFPB director argues for deposit insurance reform in wake of Lindsay bank failure Treasury Check Verification Systems gains new validation capability Treasurer’s office relaunches AGLink program Oklahoma Bankers Hall of Fame class set for induction OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …

In This Issue… From Adrian’s desk … Survey: Consumers think Congress should hold credit unions accountable ABA pushes FCC for action on illegal texts Be aware of fraudulent emergency data requests 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 American Bankers Association and a group of trade associations appealed a recent Texas federal court decision holding that the Consumer Financial Protection Bureau’s Section 1071 final rule did not exceed the bureau’s authority or violate the APA. The associations also moved the Fifth Circuit for a stay pending appeal. Section 1071 of the Dodd-Frank Act amended the Equal Credit …