Oklahoma Bankers Association We make bankers better!
The following information comes courtesy the ABA: The Small Business Administration last night (June 12) released new borrower and lender guaranty application forms for the Paycheck Protection Program to reflect expanded eligibility for applicants with prior felony convictions. Previously, businesses were ineligible for PPP loans if at least 20% of their equity was owned by someone who had been convicted …
June 2020
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June 11, 2020
Oklahoma Bankers Hall of Fame taking nominations for 2020 inductees
The OBA will be taking nominations for 2020 Oklahoma Bankers Hall of Fame inductees through the middle of July. The Hall of Fame was created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the Hall of Fame is intended to recognize bankers’ achievements on …
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June 11, 2020
Oklahoma Bankers Hall of Fame taking nominations for 2020 inductees
The OBA will be taking nominations for 2020 Oklahoma Bankers Hall of Fame inductees through the middle of July. The Hall of Fame was created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the Hall of Fame is intended to recognize bankers’ achievements on …
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June 11, 2020
Special message from OBA President/CEO Roger Beverage
Longtime OBA President and CEO Roger Beverage filmed a special video webcast message to share with all Oklahoma bankers. It can be viewed by clicking through the link below. If you do not have audio and/or video capabilities on your computer, you can download the transcript of his message by clicking here (.pdf)
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June 11, 2020
SBA, Treasury issue guidance on PPP flexibility, new application form for borrowers
The following information comes courtesy the ABA: As expected, the Small Business Administration and Treasury Department late last night (June 10) released an interim final rule to reflect changes made by H.R. 7010, the Paycheck Protection Program Flexibility Act. SBA also published updated, streamlined application forms for borrowers and lenders to use for loans made on or after June 5, …
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June 10, 2020
OBA and State Election Board hold press conference announcing plan to aid absentee voters
The Oklahoma Bankers Association and the Oklahoma State Election Board held a joint press conference on June 5 to announce a plan for banks across the state to offer free absentee voting services to all Oklahoma voters. “Community banks across Oklahoma are excited for the opportunity to make absentee voting easier for all Oklahomans,” OBA Chief of Staff/EVP Adrian Beverage said. …
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June 9, 2020
Week of June 8
In This Issue… President Trump signs Paycheck Protection Program Flexibility Act OBA, State Election Board hosts press conference announcing plan to aid absentee voters OBA education corner …
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June 5, 2020
OBA and State Election Board hold press conference announcing plan to aid absentee voters
The Oklahoma Bankers Association and the Oklahoma State Election Board held a joint press conference on June 5 to announce a plan for banks across the state to offer free absentee voting services to all Oklahoma voters. “Community banks across Oklahoma are excited for the opportunity to make absentee voting easier for all Oklahomans,” OBA Chief of Staff/EVP Adrian Beverage said. …
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June 4, 2020
Bipartisan letter urged Senate to pass PPP Flexibility Act
Bankers garnered a strong bipartisan group of U.S. representatives to co-sign a letter urging senators to approve the PPP Flexibility Act prior to its passage on Wednesday. Oklahoma fifth district representative, Kendra Horn, was one of the co-signers of the letter, which reached the Senate shortly before it passed the bill via voice vote. We’d like to thank Rep. Horn …
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June 3, 2020
Senate passes PPP Flexibility Act
The Senate passed legislation this afternoon to help businesses get their Paycheck Protection Program loans forgiven and lengthening the time they have to use the funds. You can read more about the details of the bill in the OK Banker Direct sent on May 28 after the bill passed the U.S. House of Representatives. https://www.oba.com/2020/05/28/house-passes-ppp-flexibility-act/ The bill passed by voice …