Oklahoma Bankers Association We make bankers better!
The OBA will be purchasing several Certificates of Deposit for investment soon. All interested banks are encouraged to contact us. The certificates will range from 90 days to 24 months, and most will be in the amount of $245,000 – to be funded the last week of November. Interested banks should contact Kathryn Donovan in the OBA accounting department: kathryn@oba.com.
November 2023
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November 14, 2023
Agencies pinpoint 2024 regulatory thresholds
The Consumer Financial Protection Bureau, Federal Reserve and Office of the Comptroller of the Currency announced on Monday the 2024 threshold for whether higher-priced mortgage loans are subject to special appraisal requirements will increase from $31,000 to $32,400. At the same time, the Fed and CFPB announced an increase in the dollar thresholds used to determine whether certain consumer credit and …
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November 14, 2023
Week of Nov. 13
In This Issue… From Adrian’s desk … Oklahoma County moves to online sheriff’s sales Agencies pinpoint 2024 regulatory thresholds OBA TikTok Time … Oklahoma Bankers Hall of Fame fifth class set for induction 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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November 7, 2023
FDIC amends Risk Management Manual
The FDIC has amended its Risk Management Manual of Examination Policies to update and clarify instructions on uninsured deposit and commercial real estate concentrations, found in section 16.1. The manual provides FDIC examiners information relating to examination activities and supervisory practices.
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November 7, 2023
Week of Nov. 6
In This Issue… From Adrian’s desk … FDIC amends Risk Management Manual Fed survey shows lending standards tightening OBA TikTok Time … 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 this week! • • • I’m …
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November 3, 2023
More info on new real estate laws concerning alien ownership …
We wanted to pass along new and updated information from the Oklahoma attorney general’s office in regard to Senate Bill 212, which concerns alien ownership of Oklahoma real estate. After further review, we have updated the interpretation of the new law, in regards to what deeds in which the affidavits are required. The affidavit is only required for deeds transferring …
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November 3, 2023
Treasury Department issues final rule on paying canceled Treasury checks
A final rule will be enforced beginning Dec. 1 regarding financial institutions’ liability for paying canceled Treasury checks without waiting to receive the return information. The Treasury Department’s new processing system will now allow financial institutions to receive the return information quicker, which shares if the checks were canceled. Consequently, the “reasonable efforts” currently protecting these financial institutions will change. …
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November 1, 2023
More info on new real estate laws concerning alien ownership …
We wanted to pass along new and updated information from the Oklahoma attorney general’s office in regard to Senate Bill 212, which concerns alien ownership of Oklahoma real estate. After further review, we have updated the interpretation of the new law, in regards to what deeds in which the affidavits are required. The affidavit is only required for deeds transferring …
October 2023
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October 31, 2023
OBA hosts Zoom meeting with attorney general’s office on alien ownership of Oklahoma real estate
The OBA hosted a Zoom meeting with Brad Clark, from the Oklahoma attorney general’s office, on Monday discuss the changes made to Title 60 O.S. § 121 – Alien ownership of Oklahoma real estate. You can click here to watch and download the entire meeting, along with questions and answers at the end, and also click here to download and view the slides Clark …
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October 31, 2023
Week of Oct. 30
In This Issue… From Adrian’s desk … OBA hosts Zoom meeting with attorney general’s office on alien ownership of Oklahoma real estate Federal Reserve proposes new rule on interchange fees Bank Performance Report available for OBA members OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits …