Friday, February 3, 2023

January 2023

  • January 20, 2023

    Federal Housing Finance Agency issues advisory on mortgage servicing rights

    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 …

February 2023

  • February 1, 2023

    Email issues plague OBA; does your bank use Proofpoint?

    The OBA is currently experiencing issues with email to banks – and any other businesses – that use Proofpoint to identify spam email sources. At some point earlier this week, Proofpoint mislabeled the OBA’s IP address as being a spam risk and is blocking email to and from any of the OBA’s email addresses. If your bank or business uses …

  • February 1, 2023

    New Report Finds Increase in DDOS Attacks Targeting the Financial Services Industry

    The continual change of DDoS demonstrates how this is far from over. “Working with our sector’s critical providers like Akamai, who have first-hand knowledge of how DDoS is affecting the financial sector, enables us to arm our members with the understanding and guidance they need to better protect their firms and customers,” said Teresa Walsh, Global Head of Intelligence at …

January 2023

  • January 30, 2023

    Week of Jan. 30

    In This Issue… ABA survey finds cybersecurity top risk priority for community banks OBA Bankers’ Night Out programs ready for spring Review your bank’s information for OBA directory – deadline this week! OBA education corner … ABA survey finds cybersecurity top risk priority for community banks Cybersecurity will be the top risk priority for most community banks over the next …

  • January 27, 2023

    Chippewa Valley Bank

    We offer lending services to holding companies for capital injections, mergers and acquisitions, and shareholder buyouts at great terms with outstanding customer services. CONTACT INFORMATION: Contact: Ryan Gerber or Rick Gerber PO Box 13098 Hayward, WI 54843 Phone: (866) 282-3501 Email: ryang@chippewavalleybank.com or rickg@chippewavalleybank.com Website: chippewavalleybank.com

  • January 26, 2023

    OBA Legal Briefs – January 2005 – January 2023

    Legal Briefs Index January 2023 OBA Legal Briefs December 2022 OBA Legal Briefs November 2022 OBA Legal Briefs October 2022 OBA Legal Briefs September 2022 OBA Legal Briefs August 2022 OBA Legal Briefs July 2022 OBA Legal Briefs June 2022 OBA Legal Briefs May 2022 OBA Legal Briefs April 2022 OBA Legal Briefs March 2022 OBA Legal Briefs February 2022 …

  • January 26, 2023

    January 2023 OBA Legal Briefs

    Has your bank suddenly become a HMDA reporter? Minutiae matter Joint owners’ signatures on new joint accounts Has your bank suddenly become a HMDA reporter? By John S. Burnett A recent federal court decision has lowered the loan reporting threshold for closed-end mortgage loans under the Home Mortgage Disclosure Act-implementing Regulation C from 100 to 25 closed-end mortgage loans in …

  • January 25, 2023

    NPVal, LLC Real Estate Valuation and Consulting

    Founded by Darin Dalbom, MAI, NPVal is a full-service commercial property valuation firm with 15 appraisers covering Tulsa & OKC, smaller communities, and tertiary areas within Oklahoma. We cover all property types including specialties (farms & ranches, communication towers, billboards, and going concerns such as C-stores, funeral homes, car washes, hotels, etc.). We performed over 1,500 commercial appraisal assignments statewide …

  • January 25, 2023

    Participate in our director compensation survey

    The OBA is partnering with Blanchard Consulting Group for the 2023 Director CompensationSurvey, which is currently open for participation! This survey only includes financial institutions and focuses on director compensation for 2022, including meeting fees, committee fees, retainers, equity, benefits and total director compensation.  The survey also includes an assessment of chairperson fees and has ten director compensation trends questions.  Data …

  • January 24, 2023

    Week of Jan. 23

    In This Issue… ABA, ICBA: CFPB wants small bank input on credit card fee rules Participate in our director compensation survey Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program OBA Intern Program ready for 2023 OBA education corner … ABA, ICBA: CFPB wants small bank input on credit card fee rules The Consumer Financial Protection Bureau is …

  • January 23, 2023

    Women in Banking Luncheon Canceled

    Due to the uncertain weather forecast, Tuesday’s Women in Banking Luncheon has been canceled. We apologize for the inconvenience and hope to see you soon. Stay warm.