In This Issue… From Adrian’s desk … SBA orders banks to report on ‘debanking’ actions Disparate impact removed from FDIC exam manual OCC lowers semiannual assessment rates OBA Emerging Leaders Academy taking applications OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of …
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FinCEN issues red flags list for crypto ATM frauds
The Financial Crimes Enforcement Network issued a notice earlier this month urging financial institutions to be vigilant in identifying and reporting suspicious activity involving convertible virtual currency kiosks, also known as crypto ATMs. According to the notice, the FBI’s Internet Crime Complaint Center received more than 10,956 complaints involving CVC kiosks in 2024, with reported victim losses of approximately $246.7 …
Read More »Week of Aug. 25
In This Issue… From Adrian’s desk … Trump moves to fire Fed board governor Deadline approaching for Oklahoma Bankers Hall of Fame nominations Join your peers on Capitol Hill: 2025 OBA Annual Washington Visit set Earlybird rate for OBA calendars ending OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO …
Read More »OBA Oktoberfest Golf Tournament scheduled
Show off your golfing skills or simply join your banking peers as a social registrant at the 2025 OBA Oktoberfest Golf Tournament on Oct. 27 at Belmar Golf Club, in Norman. The tournament fee is $175 and the registration deadline is Oct. 20. The tournament will begin with registration and lunch. Immediately following the tournament, we will hold an awards …
Read More »Week of Aug. 18
In This Issue… From Adrian’s desk … Treasury issues request for comment on stablecoins, GENIUS Act Join your peers on Capitol Hill: 2025 OBA Annual Washington Visit set OBA Oktoberfest Golf Tournament scheduled Second quarter 2025 Bank Performance Reports now available OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits …
Read More »Executive News: Stablecoin questions pop up with new bill
We’ve finally reached Aug. 1, and that means three things: kids are about ready to go back to school, Congress is headed home for a month and college football is just around the corner. I’ll let you decide in what order of priority you would place these items. At least for this article, we’ll put the emphasis on the traditional …
Read More »Attorneys general urge passage of cannabis rule
A bipartisan coalition of 32 state attorneys general, including Oklahoma Attorney General Gentner Drummond, called on federal lawmakers late last month to pass legislation that would enable financial institutions to serve legitimate cannabis businesses in states where it is legal. In a joint letter to congressional leaders on July 24, the attorneys general endorsed the Secure and Fair Enforcement Regulation …
Read More »ABA task force completes recommendations for deposit insurance reform
Over the past 18 months, following the 2023 failures of Silicon National Bank, and the 2024 closing of First National Bank of Lindsay, here in Oklahoma, the American Bankers Association has gathered the thoughts of its members to create recommendations for deposit insurance reform. The ABA released those recommendations today, alongside a shorter summarized version and a op-ed from ABA …
Read More »Trump issues executive order to fix rules contributing to debanking
President Trump issued an executive order on Thursday that directs federal agencies to investigate whether banks and credit unions denied services to customers because of their political beliefs or because they were engaged in certain business activities, such as cryptocurrency. In addition, the order directs agencies to rescind rules and regulations that caused financial institutions to deny services to categories …
Read More »Week of Aug. 11
In This Issue… From Adrian’s desk … ABA task force completes recommendations for deposit insurance reform Trump issues executive order to fix rules contributing to debanking Oklahoma Bankers Hall of Fame accepting nominations for 2025 OBA Emerging Leaders Academy taking applications Save the date: OBA convention, senior management events set for 2026 OBA education corner … From Adrian’s desk … …
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