Oklahoma Bankers Association We make bankers better!
In This Issue… From Adrian’s desk … Tax refund fraud sparking alerts across country Treasury secretary details policies to boost community bank model Fed announces expanded operating days of payment services OBA Oktoberfest Golf Tournament scheduled OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest …
October 2025
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October 10, 2025
October 2025 OBA Legal Briefs
Oklahoma Revocable Trust Law: Oklahoma Trust Act vs. Oklahoma Uniform Trust Code By Scott Thompson This article compares Oklahoma’s current legal framework for revocable trusts, primarily under the Oklahoma Trust Act, against the provisions of House Bill 1850 (“HB 1850”), which enacted the Oklahoma Uniform Trust Code (“OUTC”), now codified at 60 O.S. § 1601.1 et seq. The goal is …
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October 7, 2025
Week of Oct. 6
In This Issue… From Adrian’s desk … SBA releases compliance form for debanking order OCC eases examination requirements for community banks Attorney general’s office to host employment law symposiums Save the date: OBA convention, senior management events set for 2026 OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that …
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October 1, 2025
Four inductees to make up 2025 class of Oklahoma Bankers Hall of Fame
The Oklahoma Bankers Hall of Fame announced today the four bankers who will be inducted into its 2025 class later this year. R.S. “Brud” Baker, Sandy Bracken, Gary Huckabay and Lee Symcox will make up the 2025 class. The inductees were selected by a panel of bankers from across the state, and were voted on late last week. The induction ceremony will be …
September 2025
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September 30, 2025
Week of Sept. 29
In This Issue… From Adrian’s desk … Four inductees to make up 2025 class of Oklahoma Bankers Hall of Fame OBA, ABA other bankers associations seek rejection of proposed bill amendment Join fellow bankers at the food bank on Oct. 7 OBA Oktoberfest Golf Tournament scheduled Updates added to Oklahoma Record Retention Guide OBA education corner … From Adrian’s desk …
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September 29, 2025
OCC to divide supervisory functions by bank size
The Office of the Comptroller of the Currency will split its bank supervision and examination division into three distinct units based on bank size, the agency announced last week. The move reverses a decision earlier this year by OCC’s previous leadership to combine its midsize and community bank supervision and its large bank supervision departments into a single entity. Starting Oct. …
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September 24, 2025
What you should know about credit unions
Did you know the average federal income tax paid by an Oklahoma resident was $10,589 last year? Did you know the TOTAL income taxes paid by credit unions was $0? As a banker, you probably did, but do your customers know? In a time when the federal deficit is regularly at the forefront of the news, maybe they should know …
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September 23, 2025
ATM jackpotting events pick up again
Multiple ATM jackpotting attacks took place in the last week in Arkansas. Specifically, recently in Russellville, Fayetteville and Hot Springs, and last night in Van Buren and Mena. This is a reminder to all financial institutions with island ATMs to make sure they are alarmed at all times and to respond immediately to an alarm alert. Ask local law enforcement …
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September 23, 2025
Week of Sept. 22
In This Issue… From Adrian’s desk … FRAUD ALERT: ATM jackpotting events pick up again OCC to divide supervisory functions by bank size Deadline approaching for OBA Emerging Leaders Academy applications 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 22, 2025
FinCEN releases guidance on foreign information sharing
The Financial Crimes Enforcement Network and U.S. banking agencies released guidance on Monday for financial institutions on how to share financial information with their counterparts in other countries without running afoul of the Bank Secrecy Act. The guidance is meant to encourage “appropriate, voluntary cross-border sharing of information” between financial institutions to help combat money laundering, terrorist financing and other …