Wednesday, February 24, 2021

Weekly Update

Week of Feb. 22

In This Issue… Compliance Alliance offers bankers compliance help Oklahoma banks show strong performance in 2020 despite pandemic Review your bank’s information for OBA directory Get your photos in for OBA 2022 Views & Vista photo contest Get involved with an OBA committee OBA welcomes new strategic members OBA education corner … Compliance Alliance offers bankers compliance help As you …

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Week of Feb. 15

In This Issue… OBA offices closed, staff remains available for assistance Get free personalized PSAs encouraging community to vaccinate OBA education corner … OBA offices closed, staff remains available for assistance The OBA offices will be closed on Wednesday for the safety of our staff in the wintry weather. We remain available to assist our bankers, however, and you can …

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Week of Feb. 8

In This Issue… ICYMI – thanks to the ABA/Alliance for providing this information SBA to begin sending EIDL advance reconciliation payments Oppose NCUA field of membership proposal scholarship available Fed research paper flags climate change as source of financial risk Review your bank’s information for OBA directory Make your nominations for 50-Year Club OBA Intern Program looking for participants OBA …

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Week of Feb. 1

In This Issue… Oklahoma banks make more than $1 billion in round three PPP loans ABA’s (virtual) Conference for Community Bankers set for this month 2021 OBA college scholarship available Review your bank’s information for OBA directory OBA welcomes new strategic members OBA education corner … Oklahoma banks make more than $1 billion in round three PPP loans Since the …

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Week of Jan. 25

In This Issue… Yellen named nation’s 78th treasury secretary Review your bank’s information for OBA directory OBA education corner … Yellen named nation’s 78th treasury secretary Following a nomination by President Joe Biden, Janet Yellen was approved by the Senate on Monday to be the nation’s 78th treasury secretary, and first woman to hold the job in the department’s history. …

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Week of Jan. 18

In This Issue… SBA issues FAQs on revenue reduction, max loan amount calculations for second-draw PPP loans New resources available for reopening of PPP Review your bank’s information for OBA directory 2021 OBA college scholarship available OBA education corner … SBA issues FAQs on revenue reduction, max loan amount calculations for second-draw PPP loans With the Paycheck Protection Program portal …

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Week of Jan. 11

In This Issue… SBA releases technical information for PPP system Common questions answered about PPP reopening OBA education corner … SBA releases technical information for PPP system The SBA released technical information tonight that lenders will need to access the updated Paycheck Protection Program loan portal system. The portal opens Monday but only for “community financial institutions,” which mean CDFIs, …

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Week of Jan. 4

In This Issue… IRS: ‘Get My Payments’ portal now live COVID mitigation efforts being examined in banks? Dates changed for 2021 OBA Senior Management Forum Nondeductible portion of OBA dues calculated OBA education corner … IRS: ‘Get My Payments’ portal now live Monday, the Internal Revenue Service announced the Get My Payments portal – available in English and Spanish – …

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Week of Dec. 28

In This Issue… Banks should expect stimulus payments to hit customers’ accounts soon Dates changed for 2021 OBA Senior Management Forum OBA holiday hours updated OBA education corner … Banks should expect stimulus payments to hit customers’ accounts soon ACH transactions for the economic impact payments are expected to begin as soon as today. More than 100 million files are …

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Week of Dec. 21

In This Issue… Congress approves COVID-19 relief bill, reauthorizes PPP PPPLF continues through March 31, 2021 OBA holiday hours updated 2020 surveys bundle deal available now OBA education corner … Congress approves COVID-19 relief bill, reauthorizes PPP Late last night, House and Senate lawmakers agreed on the terms of a $900 billion coronavirus relief package. This bipartisan effort is more …

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