Wednesday, May 8, 2024

News

Week of March 4

In This Issue… • Sandy’s salutations • OBA Board approves Nominating Committee for first vice chairman • Registration open for 2019 Community Bankers Leadership and Senior Management Conference • OBA Bankers’ Night Out programs ready for spring • OBA education corner …

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Week of Feb. 18

In This Issue… • Treasury partially clarifies Subchapter ‘S’ deduction • House panel holds hearing on cannabis banking • Senate Banking Committee to look at housing finance reform plan • OBA education corner …

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Executive News: Hemp legalization: Where are we?

The headline above poses a good question. And my answer is, “I’m not sure.” What I do know is that in April, Gov. Fallin signed HB 2913, the “Oklahoma Industrial Hemp Agricultural Pilot Program,” into law, and that changes the landscape as to what banks may and may not do going forward. Honestly, I didn’t pay much attention at the …

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Understanding current process for growing hemp

Last month’s passage of the 2018 Farm Bill was a huge, bipartisan accomplishment, according to its supporters. Others? Maybe not so much. One of the things it did accomplish was decriminalizing hemp, which is technically identified as Cannabis sativa L. Again, a HUGE bipartisan accomplishment. Or not, depending on your view of what it means to “legalize” hemp. We’ve had …

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Week of Feb. 11

In This Issue… • Credit card market continues expansion • Registration open for 2019 Community Bankers Leadership and Senior Management Conference • OBA Bankers’ Night Out programs ready for spring • OBA Intern Program looking for participating banks • OBA education corner …

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Week of Jan. 28

In This Issue… • More information on ‘2nd Amendment auditors’ • Agencies issue final rule on private flood insurance acceptance • State associations, ICBA file amicus brief in credit union field of membership case • Industry stakeholders raise broad concerns about CECL at FASB forum • OBA education corner …

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Week of Jan. 21

In This Issue… • OBA looking for in-house bank counsel for legislative review committee • Register for OBA’s 2019 Contact Banker Program • Registration open for 2019 Community Bankers Leadership & Senior Management Conference • OBA education corner …

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Three bankers make up inaugural class for Oklahoma Bankers Hall of Fame

The Oklahoma Bankers Hall of Fame inducted its first-ever class today at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt made up the inaugural group. The ceremony was hosted by the Oklahoma Bankers Association’s immediate past chairman, Guy Sims, who is also president/CEO/chairman of Shamrock Bank in …

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Oklahoma banks aiding federal employees during ongoing partial shutdown of federal government

Oklahoma banks have risen to the occasion in helping their customers, who are federal employees, during the current partial shutdown of the federal government. Banks across the state are either integrating a standard policy to aid customers who are federal employees with incomes directly impacted by the shutdown, or are helping on a case-by-case basis with those individuals. These efforts …

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Registration open for OBA 2019 Community Bankers Leadership and Senior Management Conference

The Oklahoma Bankers Association 2019 Community Bankers Leadership & Senior Management Conference is scheduled for April 7-9 at the Sheraton Grand at Wild Horse Pass in Phoenix, Arizona. This year’s conference features an exciting lineup of speakers, including the ABA’s Jim Chessen, GSB-Colorado’s Tim Koch, BankOnIT’s Sara Nielson, PCBB’s Doug Hensley, The Baker Group’s Dale Sheller, Equias Alliance’s Trey Deupree, …

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