News

COVID-19 is causing many concerns with consumers, but access to your money shouldn’t be one of them. Here are the top five things you need to know about your money and banks under “Safer At Home.” 1. You have continued access to your funds and bank services. Banks are considered an essential service which means you continue to have access …

Business continuity planning during pandemics must include compliance considerations at every level and in every department of the bank—the current COVID-19 crisis is no different. Compliance Alliance developed these tools for all banks across the United States – regardless of membership – for the challenging weeks ahead. Here are the bank pandemic planning tools: COVID-19 Essential Critical Infrastructure Worker Credential …

In This Issue… SBA webinars filled … but more information is available Federal Reserve announces new measures to support economy FBI sees rise in fraud schemes related to pandemic OBA’s COVID-19 teleconference call recording available for download OBA 2021 Views & Vistas Photo Contest deadline approaching OBA education corner …

In response to COVID-19, all 77 Oklahoma counties have been approved for low-interest disaster loans from the U.S. Small Business Administration. These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. More information is available at SBA.gov/disaster. Stay informed by checking the coronavirus resource page. We …

The OBA hosted a teleconference on Wednesday, March 18, discussing the banking response to the COVID-19 pandemic. The call included representatives from many of our member banks, along with Gov. Kevin Stitt, Sen. James Lankford, State Banking Commissioner Mick Thompson and Oklahoma Secretary of Commerce and Workforce Development Sean Kouplen. The call lasted nearly 50 minutes and includes much information …

NOW is the time to get involved in your Association, and one good way to accomplish this is to join one of our committees! We are now taking names for those interested in our committees for the 2020-2021 year. By participating with the group three to four times a year, you learn more about your profession, meet other bankers, share …

With banks, their customers and their employees facing unprecedented challenges associated with the 2019 novel coronavirus pandemic, ABA yesterday published a suite of new resources for bankers to help them navigate this ever-changing situation. Resources include: A comprehensive set of frequently asked questions covering a range of topics, including regulatory concerns, workforce health and safety and branch operations. This FAQ …

To ensure the health and safety of all those involved, OBA live events and seminars scheduled through April 10 are either canceled or postponed in response to the coronavirus (COVID-19). Webinars on a variety of topics to meet your training and continuing education needs are available on the events calendar.

In This Issue… OBA to host conference call regarding coronavirus All OBA events canceled or postponed through April 10 ABA to host free webinar on pandemic operational risk AARP Oklahoma provides resource for consumer protection Nominations open for OBA first vice chairman Interested in leading our Emerging Leaders? OBA 2021 Views & Vistas Photo Contest deadline approaching OBA education corner …

We’re all aware of the concern around the coronavirus – and the common-sense recommendations by public health officials around hand washing and staying home when sick that are as ubiquitous as they are important. Certainly, with increased testing nationwide, the number of confirmed cases will continue to rise. What does this mean for your bank? GSB-Madison has put together a …