Weekly Update

In This Issue… • Let our senators know to support reg relief bill • House Financial Services Committee mark-up today • California wildfires continue to rage; CBA asks for help • OBA education corner …

In This Issue… • Greetings from Guy • Powell’s nomination recommended to the full Senate • Poll: Majority of voters support taxing credit unions • Just in: The Senate Banking Committee just voted to advance S. 2155 to the full Senate • Senate votes to approve major tax reform • OBA soliciting CD bids • OBA education corner …

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 …

Greetings from Guy By Guy Sims OBA Chairman The House passed a tax reform bill Thursday and the Senate version is on a fast track for a vote before Christmas. Several Senate Republican have already come out against the Senate version of the bill and there is no support from Democrats at this point.  Should the Senate pass the current …

Greetings from Guy By Guy Sims OBA Chairman Tax reform bills have now been introduced in the House and the Senate. Both bills contain language not favorable for community banks with Sub S ownership structure. In addition, the House plan contains language that would be detrimental for deferred compensation plans. These two issues will have a damaging effect on many …

Greetings from Guy By Guy Sims OBA Chairman Editor’s Note: Guy is currently on the road. In the meantime, Guy shared this photo from Las Vegas, where he is attending a conference. Back to top   Regulatory Feedback Initiative continues We need you! Did your bank undergo an exam in 2017? We are rapidly approaching the end of another year. …

Greetings from Guy By Guy Sims OBA Chairman Another interesting week in politics, both at the state and national level. At the state capitol, the Republican-led House failed to pass a budget bill on Wednesday and failed to pass a budget bill out of committee on Friday.  These two measures were the “brainchild” of Senate Republicans!  The state budget issue …

Greetings from Guy By Guy Sims OBA Chairman The past four weeks have been busy at the OBA. The Bankers’ Night Out series was held at six locations across the state, more than 70 Oklahoma bankers traveled to Washington for the annual congressional visit and several Oklahoma bankers attended the ABA convention in Chicago. This week will include GRC (Government …

Greetings from Guy Is your bank open, closed on Veterans Day? OBA hosting technology conference in November OBA education corner …

Greetings from Guy By Guy Sims OBA Chairman Editor’s note: Guy, Roger Beverage and several other OBA-affiliated bankers are currently in Chicago at the ABA Annual Convention. While on the road, Guy shared this photo of speaker Michael Hayden, former director of the National Security Agency and the CIA, during his afternoon speech on “Hot Spots at Home and Around …