Oklahoma Bankers Association We make bankers better!
In This Issue… From Adrian’s desk … CFPB to start new Sec. 1071 rulemaking ELT updates now live: What bankers, lienholders should know ‘The Bankers From Oklahoma’ are back! OBA Convention registration opens! 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 …
April 2025
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April 7, 2025
March 2025 OBA Legal Briefs
March 2025 Extension of the McGirt decision to civil lawsuits Beneficial Ownership Information Update Banker Q&A Series LLC Updating account from ITIN to SSN Providing debit cards to fiduciaries Extension of the McGirt Decision to Civil Lawsuits By Scott Thompson A case pending in the Oklahoma Supreme Court, Paul-Lucas v. Paul, No. DF-122477, could have far reaching ramifications for businesses …
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April 7, 2025
Registration open for 2025 OBA Convention
The bankers are back in town — and registration for the 2025 OBA Convention is officially open! Join us in Oklahoma City this May for the can’t-miss event of the year—packed with valuable sessions, networking, and a chance to reconnect with Oklahoma’s banking community. Whether you’re looking to expand your knowledge or simply enjoy a great time with fellow professionals, …
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April 1, 2025
Week of March 31
In This Issue… From Adrian’s desk … FDIC rescinds notification guidance for crypto activity Upcoming ELT changes: What bankers, lienholders should know OBA Book Club announces next selection Keynote speaker joins OBA convention lineup OBA photo contest set; welcome new strategic member OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …
March 2025
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March 31, 2025
Organized ATM jackpotting groups still active, affects insurance coverage for banks
A search for key word “jackpotting” in OBA.com returns Fraud Alerts and other stories dating back to 2018. In 2024, we mentioned the increase in these ATM attacks on June 3, Aug. 19, Oct. 28, and Nov. 1. Jackpotting is a term used to describe cyber attacks on ATMs with the intent to illegally dispense cash without debiting an account. …
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March 28, 2025
ABA, ICBA, other associations state opposition to Credit Card Competition Act
The American Bankers Association and Independent Community Bankers of American joined eight other associations representing banks, credit unions and payment providers on Monday in restating their opposition to the Credit Card Competition Act, which would impose new network routing mandates on financial institutions that issue credit cards. Sen. Dick Durbin (D-Ill.) has stated his intention to reintroduce the bill in …
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March 28, 2025
Regulatory agencies state intent to rescind 2023 CRA rule
The federal bank regulatory agencies today announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final rule. As of now, this is NOT official, but just stated as the INTENT to EVENTUALLY …
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March 25, 2025
Service Oklahoma holding biweekly calls on electronic liens and titles
On July 1, 2025, Oklahoma will fully transition to electronic liens and titles (ELT). Standard paper titles will no longer be printed. Lienholders will use electronic records, and dealers will have the option to use electronic bills of sale for title transactions. Service Oklahoma will host a Teams call every other week beginning March 24 and ending Sept. 1. These …
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March 25, 2025
Week of March 24
In This Issue… From Adrian’s desk … ABA, ICBA, other associations state opposition to Credit Card Competition Act Vehicle titling update: Key changes coming April 7, July 1 Organized ATM jackpotting groups still active, affects insurance coverage for banks Keynote speaker joins OBA convention lineup OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO …
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March 20, 2025
Executive News: Bill tracking list continues to be whittled down
We have finally reached the first deadline at the state legislature and it couldn’t have come fast enough. We started off this session tracking 314 bills and, after the deadline, we are now tracking 70 bills. We will spend the next couple of weeks hearing bills on the floor in the house of origin. While the first couple of weeks …