Oklahoma Bankers Association We make bankers better!
In This Issue… From Adrian’s desk … ABA, business groups seek extension on comments for proposed overtime rule OBA joins other banking associations urging rejection of credit card routing mandates Deluxe offers free check security seminar OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest …
September 2023
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September 21, 2023
Inductees selected for Oklahoma Bankers Hall of Fame
The 2023 induction class for the Oklahoma Bankers Hall of Fame has been unveiled. Nevyle Cable, Jim Hamby, Harry Leonard and Ted McGuire will make up the 2023 class and officially be inducted on Dec. 7 at the Oklahoma History Center in Oklahoma City. • Nevyle Cable is the longtime president and CEO of First National Bank and Trust Co., in Okmulgee. He retired in …
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September 20, 2023
CFPB sets annual Truth in Lending threshold adjustments
The Consumer Financial Protection Bureau has announced the 2024 dollar amounts for the annual threshold adjustments for Regulation Z, which implements the Truth in Lending Act. For open-end consumer credit plans under TILA, the threshold that triggers requirements to disclose minimum interest charges will remain unchanged at $1 in 2024. For Home Ownership and Equity Protection Act loans, the adjusted …
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September 19, 2023
Week of Sept. 18
In This Issue… From Adrian’s desk … CFPB sets annual Truth in Lending adjustments Treasury Department sets net-zero principles for banks 2024 Oklahoma Views & Vistas Calendar order deadline today 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! • …
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September 15, 2023
OBA schedules Oktoberfest Golf Tournament
Show off your golfing skills or simply join your banking peers as a social registrant at the 2023 OBA Oktoberfest Golf Tournament on Oct. 23 at River Oaks Golf Club in Edmond. The tournament fee is $150 and the registration deadline is Oct. 20. The tournament will begin with registration and lunch. Immediately following the tournament, we will hold an …
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September 15, 2023
Injunction granted against CFPB on Sec. 1071
The U.S. District Court for the Eastern District of Kentucky granted a motion for injunction against the Consumer Financial Protection Bureau on Thursday evening, stopping the CFPB from enforcing its small business data collection rule (Sec. 1071). The Order from the Court reads, “The Consumer Financial Protection Bureau is ENJOINED from enforcing the Small Business Lending Rule until the Supreme …
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September 13, 2023
GSB-Wisconsin sets autumn 2023 seminar schedule
GSB-Wisconsin has set its list of programs for the fall 2023 months. Click here for more info.
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September 13, 2023
Bank Performance Report now available through OBA
The OBA has entered a co-branding agreement with Kentucky Bankers Association for a quarterly banking publication called Bank Performance Report. BPR currently has 350 bank subscribers from across the country. This report is in electronic and/or printed format utilizing data from the quarterly FFIEC Call Reports, from which the BPR ranks overall performance of each bank headquartered in that state. …
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September 12, 2023
Week of Sept. 11
In This Issue… From Adrian’s desk … Legislative Office of Fiscal Transparency meeting set for Sept. 20 Bank Performance Report now available through OBA Applications still being taken for OBA Emerging Leaders Academy — deadline Friday! OBA schedules Oktoberfest Golf Tournament OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits …
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September 9, 2023
Judge rules against CFPB in UDAAP exam manual lawsuit
A U.S. district judge ruled today the Consumer Financial Protection Bureau’s update to its Supervision and Examination Manual is unlawful. Judge J. Campbell Barker, of the Eastern District of Texas, agreed with plaintiffs and issued a summary judgment stating the CFPB’s March 2022 update to the manual exceeds the Bureau’s statutory authority and is based on unconstitutional funding. The lawsuit …