Oklahoma Bankers Association We make bankers better!
In this issue: 2024 Oklahoma Legislation – Part I A potpourri of deceased customer Q&As Still more on the FDIC’s revisions to part 328 2024 Oklahoma Legislation – Part I By Pauli D. Loeffler Uniform Special Deposits Act – Tit. 6 O.S. § 910 et seq. This is an entirely new Act that has only been adopted in the states …
August 2024
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August 27, 2024
July 2024 OBA Legal Briefs
More on the FDIC’s Revisions to Part 328 By John S. Burnett In last month’s Legal Update, I offered an analysis of the changes the FDIC has made to the rules applicable to deposit-accepting ATMs (and similar equipment) in its regulations at 12 CFR Part 328 on Advertisement of Membership, False Advertising, Misrepresentation of Insured Status, and Misuse of the …
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August 27, 2024
Week of Aug. 26
In This Issue… From Adrian’s desk … Court rejects challenge to CFPB’s Section 1071 rule Oklahoma Bankers Hall of Fame nominations deadline this week! 2025 Oklahoma Views & Vistas Calendar available for earlybird order OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be …
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August 21, 2024
OBA updating member database: needs help from banks!
The OBA is about to undergo a strategic initiative to update our database. In the upcoming few days, we will send an email to each OBA-member bank’s primary contact and their HR personnel. The email will contain a spreadsheet that includes all individuals we show as affiliated with their bank, at all locations. WHAT WE NEED: Please, have someone at …
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August 20, 2024
Week of Aug. 19
In This Issue… From Adrian’s desk … OBA updating member database: needs help from banks! Hints can help customers understand they are affected by fraud ATM scams on uptick in Oklahoma CFPB updates small business lending rule filing instructions OBA Washington Visit nearing – hotel reservation deadline approaching! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA …
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August 16, 2024
Executive News: Association ‘Alliance’ watches bankers’ interests
Last month when I finished my article, I immediately started thinking about my August column because it’s usually a little bit slower and quieter during the summer. While the summer months gives us an opportunity get caught up on projects and ready for the fall when things really start picking up, I always wonder what in the heck am I …
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August 16, 2024
Oklahoma Bankers Hall of Fame accepting nominations for 2024
The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2024 class; additionally, a reminder the process of selecting inductees was updated for last year going forward. The deadline to submit a nomination is Aug. 31. First, for those interested in nominating a banker, there are some downloadable forms linked on the front page of OBA.com – …
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August 16, 2024
FDIC proposes enlargement of deposit broker definition
The FDIC board voted 3-2 on July 30 to move forward with a proposed rule that would expand the definition of “deposit broker” to capture many deposit placement arrangements that currently do not meet the criteria for enhanced scrutiny under current regulation, such as sweep deposits and those related to financial technology and cryptocurrency. The proposal would amend a 2020 …
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August 16, 2024
The Bankers Solutions
BRIEF STATEMENT Consulting, Regulatory Compliance and Internal Audit Solutions Let’s Build a Better Bank The best banking is based on relationships. Knowing your customers, meeting their needs and providing expert financial solutions and support is at the heart of community banking. Good bankers make their customers’ business and personal finances work. But what makes a bank work? The Bankers Solutions …
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August 13, 2024
Recordings of fraud prevention conference available
The second annual Fraud Prevention Conference was held in-person and virtually over three Fridays last month. Hosted by the FBI Oklahoma City Field Office, Oklahoma Insurance Department and Oklahoma County Sheriff’s Office, the Conference was helpful for financial institutions to understand many of the scams targeting their customers, particularly seniors. If you were unable to attend, we were able to …