Thursday, May 19, 2022

Weekly Update

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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Week of April 11

In This Issue… Bankers’ Night Out programs continue next week in Tulsa Salary survey deadline extended Last week to vote for OBA Emerging Leaders chair Time to relive 1980s with OB80s! OBA scholarship available OBA education corner … Bankers’ Night Out programs continue next week in Tulsa The dates for the OBA Bankers’ Night Out programs have been finalized, with …

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Week of April 4

In This Issue… Select your Emerging Leaders chair OCC publishes interest rate risk statistics OBA education corner … Select your Emerging Leaders chair The OBA has heard from bankers interested in serving as chair of the Emerging Leaders Division. This position is open to any OBA Emerging Leaders who are currently enrolled in OBA Emerging Leaders Academy or had previously …

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Week of March 28

In This Issue… OBA-led garnishments bill passes state senate committee FDIC seeks information on bank mergers Interested in leading our Emerging Leaders? Deadline to apply is this week! Bankers’ Night Out program start this week in Lawton, Krebs OBA education corner … OBA-led garnishments bill passes state senate committee The OBA-sponsored garnishments bill, HB 3541, passed out of the Oklahoma …

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Week of March 21

In This Issue… Bloom Raskin withdraws from Fed candidacy News article discusses state baill that scrutinize banks over treatment of firearm industry Bankers’ Night Out program start this week in Enid OBA education corner … Bloom Raskin withdraws from Fed candidacy Sarah Bloom Raskin, President Joe Biden’s nominee for vice chair for supervision for the Federal Reserve, withdrew her candidacy …

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Week of March 14

In This Issue… OCC head warns banks about traditional overdraft programs OBA Bankers’ Night Out programs begin next week Interested in leading our Emerging Leaders? Banking school scholarships, OBA scholarship, available OBA welcomes new strategic members OBA education corner … OCC head warns banks about traditional overdraft programs Acting Comptroller of the Currency Michael Hsu last week ramped up his …

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