News

State association execs support FASB proposal

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State banking association executives have submitted a joint comment letter to the Financial Accounting Standards Board regarding the Exposure Draft:  Accounting Standard Update: Income Statement – Reporting Comprehensive Income (Topic 220) Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (“proposed ASU”).

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Week of Jan. 22

In This Issue… • Greetings from Guy • GRC reviews bills introduced in Second Session • OBA supports FASB proposal to address reporting implications of tax reform • Congress approves government funding bill through Feb. 8 • OBA Bankers’ Night Out programs ready for spring • Register for OBA 2018 Contact Banker Program • OBA education corner …

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Week of Jan. 15

In This Issue… • Grassroots support on regulatory relief still needed • Work continues on various regulatory issues • Register for OBA’s 2018 Contact Banker Program • OBA education corner …

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Week of Jan. 8

In This Issue… • Greetings from Guy • ABA shares preliminary analysis of tax reform • Fed report on rural employer firms confirms importance of small banks • Credit union regulator to head CFPB? • Government Relations Council, OBA board to meet • OBA Bankers’ Night Out programs ready for spring • Register for OBA’s 2018 Contact Banker Program • OBA …

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Have your bankers, coworkers attended OBA Intermediate School?

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Have your bankers and/or coworkers attended the OBA Intermediate School? If the answer is “no,” then NOW is the time to think about it! The 2018 OBA Intermediate School takes place over two week-long session on Feb. 5-9 and June 4-8. This incredibly important school is designed to prepare students to serve effectively and profitably the needs and desires of their banks …

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NCUA chairman: Your next regulator?

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The American Banker newspaper is reporting President Trump is considering J. Mark McWatters as a possible nominee to be the director of the Consumer Financial Protection Bureau. McWatters is currently the chairman of the National Credit Union Administration, the federal agency that is responsible for regulating the nation’s credit  unions. “I don’t think most people have any idea about the …

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Week of Jan. 1

In This Issue… • Fed report on rural employer firms confirms importance of small banks • Credit union regulator to head to CFPB? • Government Relations Council, OBA Board to meet • OBA education corner …

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