Oklahoma Bankers Association We make bankers better!
The Federal Deposit Insurance Corporation (FDIC) disclosed the second quarter results of the banking industry this week. “Commercial banks and savings institutions saw a decrease in net income of 70 percent from a year ago, while liquidity and capital levels remained very strong to meet loan demand and absorb any losses in the future.” “Industry income in total was down …
August 2020
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August 25, 2020
Week of Aug. 24
In This Issue… Oklahoma banks remain strong in second quarter Inhofe and Lankford sign on as co-sponsors of S. 4117; Lucas, Horn and Cole co-sponsor House version of small PPP loan forgiveness Answer leadership’s call: OBA Emerging Leaders Academy accepting applications Oklahoma Views & Vistas calendar available for discounted pricing through Aug. 31 OBA education corner …
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August 23, 2020
Executive News: Forgiveness: How’s that supposed to work?
In spite of the persistence of our COVID-19 problems, the process of getting back to “normal” grinds on. Slowly, to be sure, but slowly, nevertheless. In the meantime, the banking industry remains right in the middle of the discus sion about the Paycheck Protection Act, specifically as it relates to forgiveness. I think Congress is right to focus on forgiveness …
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August 23, 2020
Emerging Leaders Academy now accepting applications
Take note the OBA 2020-21 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new heights with powerful speakers offering information leaders need for effectively maneuvering in today’s business climate. Each session helps participants become true leaders by understanding those around …
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August 23, 2020
Community banks can also find COVID relief in captive insurance
By Joshua Miller & David Guerino KeyState Captive Management, LLC COVID-19 presents significant challenges for U.S. businesses across every industry, and community banks have had to respond to some unique circumstances. As we focus on moving toward recovery, nearly everyone agrees some changes to operating environments will be permanent and this is the “new normal.” When community banks adjust to …
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August 19, 2020
Piper Sandler & Co.
Piper Sandler is a leading investment bank and institutional securities firm driven to help clients Realize the Power of Partnership(R). Through a distinct combination of candid counsel, focused expertise and empowered employees, we deliver insight and impact to each and every relationship. Our proven advisory teams combine deep product and sector expertise with ready access to global capital. Founded in …
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August 18, 2020
OBA Emerging Leaders Academy accepting applications
Take note the OBA 2020-21 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new heights with powerful speakers offering information leaders need for effectively maneuvering in today’s business climate. Each session helps participants become true leaders by understanding those around …
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August 18, 2020
Week of Aug. 17
In This Issue… Additional info from SBA on loan fraud Be sure to return your bank’s Hall of Fame ballots! Oklahoma Views & Vistas calendar available for discounted pricing through Aug. 31 OBA education corner …
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August 17, 2020
August 2020 OBA Legal Briefs
Fair Lending—in the News and on Your Radar Fair lending and HMDA Fair lending and CRA Paycheck Protection Program Bank of America – disability Townstone – redlining Fair servicing The CFPB’s RFI Fair Lending—in the News and on Your Radar By Andy Zavoina It is not a huge surprise that enforcement actions have lessened from 2019 to 2020, but are …
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August 17, 2020
OBA issues banks education credit
While 2020 is only about half over, it has definitely been memorable. Unfortunately, it included the cancellation of our Annual Meeting and Convention. You may recall your 2020 membership dues included a registration for the Convention. While we missed seeing you at convention, we still want to make things right. To do so, we have created a $500 credit for …