Saturday, June 25, 2022

Weekly Update

Week of June 20

In This Issue… Annual Washington Visit set for Oklahoma bankers Training opportunity for lienholders on Wednesday OBA Emerging Leaders Academy now accepting applications OBA education corner … Annual Washington Visit set for Oklahoma bankers The OBA’s Annual Washington Visit has been scheduled for Sept. 26-28 and the hotel will be the Waldorf Astoria. Besides all the usual – and incredibly …

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Week of June 13

In This Issue… Training opportunity for lienholders on Wednesday OBA, ABA, other state bankers associations urge House to reject credit union legislation Oklahoma Bankers Hall of Fame taking nominations for 2022 inductees OBA brings back salary compensation survey Allen banker featured in Gaylord College news outlet Office Depot discount program now through ODP Business Solutions OBA education corner … Training …

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Week of June 6

In This Issue… OBA Emerging Leadesr Academy now accepting applications 2022 OBA Directory of Banks available Calendar photo contest winners selected; new strategic members welcomed OBA education corner … OBA Emerging Leaders Academy now accepting applications Take note the OBA 2022-23 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen …

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Week of May 30

In This Issue… CFPB: Algorithms used in credit decisions must be explainable 2022 OBA Annual Washington Visit scheduled Fed board issues ‘Economic Well-Being of U.S. Households in 2021’ report OBA education corner … CFPB: Algorithms used in credit decisions must be explainable In a new circular issued late last week, the CFPB said under the Equal Credit Opportunity Act and …

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Week of May 23

In This Issue… FDIC: Banking environment improved last year Did you miss our convention? OBA education corner … FDIC: Banking environment improved last year The FDIC released its annual risk review late last week, and pointed out the banking environment improved in 2021 as the economy recovered from a period of economic hardship the year prior. The agency noted financial …

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Week of May 16

In This Issue… Powell enters second term as Fed chairman Agencies release updated flood insurance guidance OBA education corner … Powell enters second term as Fed chairman The Senate confirmed Jerome Powell to a second term as chairman of the Federal Reserve last week, by a 80-19 vote. Powell has led the Fed board since 2018. The Senate last week …

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Week of May 9

In This Issue… Fed: Banking system remains strong OBA offering raffle for PGA Championship passes Golfers needed! OBA education corner … Fed: Banking system remains strong The banking system remained strong overall, with robust capital and liquidity and improved asset quality in the second half of 2021, according to the Federal Reserve’s latest supervision and regulation report released late last …

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Week of May 2

In This Issue… CFPB report focuses on financial products Earlybird registration nearing for OBA convention! Contact OBA legal department by phone – email currently down OBA education corner … CFPB report focuses on financial products The CFPB issued a “Supervisory Highlights” report on Monday that focused on recent examiner observations of several financial products. Among other things, examiners flagged issues …

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Week of April 25

In This Issue… CFPB to examine non-bank financial institutions Bankers’ Night Out programs wrap up on Wednesday OBA welcomes new strategic member Time to relive 1980s with OB80s convention! OBA education corner … CFPB to examine non-bank financial institutions The Consumer Financial Protection Bureau announced earlier this week it is invoking a largely unused legal provision to examine non-bank financial …

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Week of April 18

In This Issue… Okemah banker elected as OBA Emerging Leaders chair Bankers’ Night Out programs wrap up next week in Oklahoma City Biden announces Barr as nominee for Fed vice chairman for supervision Time to relive 1980s with OB80s convention! OBA education corner … Okemah banker elected as OBA Emerging Leaders chair Julie Stovall, with American Exchange Bank in Okemah, …

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