Oklahoma Bankers Association We make bankers better!
The Federal Housing Finance Agency last week released an advisory on the valuation of mortgage servicing rights for managing counterparty credit risk. The notice is intended to communicate FHFA’s supervisory expectations for Fannie Mae and Freddie Mac “to establish and implement risk management policies and procedures for monitoring and valuing seller/servicers’ mortgage servicing rights.” This bulletin only applies to MSRs …
January 2023
April 2025
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April 17, 2025
April 2025 OBA Legal Briefs
April 2025 EFS Central Filing Update on the McGirt decision Banker Q&As Medicaid Income Pension Trust Disclosures Advertising free checking Who can remove signers on LLC or corporate account? IRA contributions, owner in RMD EFS Central Filing By Scott Thompson If you have read one of Adrian’s legislative updates this year will have seen mention of SB 988. This bill …
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April 16, 2025
CFPB to abandon enforcement of pair of rules
The Consumer Financial Protection Bureau, in the past week has vacated and/or abandoned enforcement of a pair of rules. On Monday, the CFPB reached an agreement with the American Bankers Association and other plaintiffs to settle a lawsuit over its rule on credit card late fees. The CFPB last year issued a final rule to lower the safe harbor dollar …
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April 15, 2025
Week of April 14
In This Issue… From Adrian’s desk … FinCEN to eliminate ‘obsolete’ BSA civil penalty rule CFPB to abandon enforcement of pair of rules ELT updates now live ‘The Bankers From Oklahoma’ are back! OBA Convention registration opens! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of …
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April 9, 2025
CFPB to start new Sec. 1071 rulemaking
In a court filing last week, the Consumer Financial Protection Bureau said its leadership has directed staff to initiate new rulemaking to implement Section 1071 of the Dodd-Frank Act and plans to soon release a proposal to possibly replace or change its current rule. The CFPB in 2023 released a final rule implementing Section 1071, which requires financial institutions to …
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April 9, 2025
Registration open for 2025 OBA Convention
The bankers are back in town — and registration for the 2025 OBA Convention is officially open! Join us in Oklahoma City this May for the can’t-miss event of the year—packed with valuable sessions, networking, and a chance to reconnect with Oklahoma’s banking community. Whether you’re looking to expand your knowledge or simply enjoy a great time with fellow professionals, this event has something for every banker. The connections are real, the conversations are waiting, …
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April 8, 2025
Week of April 8
In This Issue… From Adrian’s desk … CFPB to start new Sec. 1071 rulemaking ELT updates now live: What bankers, lienholders should know ‘The Bankers From Oklahoma’ are back! OBA Convention registration opens! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers …
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April 7, 2025
March 2025 OBA Legal Briefs
March 2025 Extension of the McGirt decision to civil lawsuits Beneficial Ownership Information Update Banker Q&A Series LLC Updating account from ITIN to SSN Providing debit cards to fiduciaries Extension of the McGirt Decision to Civil Lawsuits By Scott Thompson A case pending in the Oklahoma Supreme Court, Paul-Lucas v. Paul, No. DF-122477, could have far reaching ramifications for businesses …
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April 7, 2025
Registration open for 2025 OBA Convention
The bankers are back in town — and registration for the 2025 OBA Convention is officially open! Join us in Oklahoma City this May for the can’t-miss event of the year—packed with valuable sessions, networking, and a chance to reconnect with Oklahoma’s banking community. Whether you’re looking to expand your knowledge or simply enjoy a great time with fellow professionals, …
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April 2, 2025
Old Hat Creative
Graphic design, video production, web development, brand development, research, strategy, facility branding, and other marketing and creative services. CONTACT INFORMATION: Contact: Zac Logsdon 102 W Eufaula, Suite 225 Norman, OK 73069 Phone: (405) 310-2133 Email: info@oldcreative.com Website: www.oldhatcreative.com
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April 1, 2025
Week of March 31
In This Issue… From Adrian’s desk … FDIC rescinds notification guidance for crypto activity Upcoming ELT changes: What bankers, lienholders should know OBA Book Club announces next selection Keynote speaker joins OBA convention lineup OBA photo contest set; welcome new strategic member OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …