News

The OBA’s Annual Washington Visit has been scheduled for Sept. 15-17, 2019, and the hotel will be the Trump International Hotel Washington, D.C. Additionally, NEW this year, we are offering an offsite excursion to Mount Vernon that will include transportation, private tour (of the historic area, mansion & tomb), lunch and free time to explore the grounds. Registration information should …

The local news website NonDoc recently published a story on the business and banking aspects of the burgeoning medical marijuana scene in Oklahoma. The article features several quotes and insights from OBA President and CEO Roger Beverage, as well as Suzie Symcox, chief administrator officer at First Fidelity Bank in Oklahoma City, and positive comments on the SAFE Banking Act …

This month marks the 75th Anniversary of the Normandy Invasion by Allied forces during the Second World War. Led by American and British troops, it was and remains the largest invasion by air, land and sea in history. More than 5,000 ships, 11,000 airplanes and 150,000 soldiers from the United States, Britain and Canada stormed the Nazi-occupied French beaches of …

Late last month, the Congressional Budget Office released its cost estimate for H.R. 1595, the SAFE Banking Act, to enable banks and credit unions to serve legitimate cannabis businesses in Oklahoma and 32 other states that have legalized the use of marijuana for either medical or recreational use. According to the CBO, this bill, which is strongly supported by the …

In This Issue… FDIC issues FIL on weather-related guidance OBA brings back Compensation Survey Oklahoma Bankers Hall of Fame taking nominations House to consider NFIP reauthorization, beneficial ownership bills Annual Washington Visit scheduled OBA education corner …

Check out the 2019 OBA Convention highlights below with several photos from the event! The 2019 OBA Convention and Trade Show was held on May 20-22 at the Edmond Convention Center in Edmond and saw hundreds of bankers and those associated with the industry come together. Click here to visit the Convention photos page.

Due to an abundance of caution with impending weather, the OBA Convention Golf Tournament, scheduled for today, has been canceled. Refunds for those who have registered will be processed in a timely manner. If you have any questions, contact Adrian Beverage at the OBA at (405) 424-5252.

At some point recently, you’ve probably asked yourself, “What’s next for banking?” I know I’ve asked that question many times as the run-up to the 2020 elections gets more crowded. The political turmoil coming out of Washington dominates the daily headlines and makes up most of the lead stories on the evening n ews. But one thing I have noticed …

Nominations for induction into the Oklahoma Bankers Hall of Fame are now being taken and may be made by any bank employee of an OBA-member bank. The Oklahoma Bankers Hall of Fame has been created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the …

Kathy Kraninger, director of the Consumer Financial Protection Bureau (CFPB), has joined the speaker lineup for the upcoming 2019 OBA Convention, May 20-22 at the Edmond Convention Center. Kraninger, along with Oklahoma State Banking Commissioner Mick Thompson and OBA Chairperson Sandy Werner, will meet up for a “fireside chat” during the Lunch & Business Meeting, which begins at noon on …