Saturday, July 27, 2024

October 2023

  • October 23, 2023

    SAFER Banking Act, FinCEN provide nice news for banks

    The U.S. Senate Committee on Banking, Housing and Urban Affairs passed the SAFER Banking Act late last month, which protects financial institutions that provide banking and financial services to cannabis-related businesses. The vote marked the first time the Senate, in any form, has voted in favor of either the SAFER Banking Act, or its predecessor, the SAFE Banking Act. While …

  • October 20, 2023

    Emerging Leaders Committee

    2023-2024 Chairman Beth Wright VP/Operations Shamrock Bank, N.A., Coalgate Members Troy Avant Market President Liberty National Bank, Chickasha Amy Biggs AVP/CD Clerk Seiling State Bank, Seiling Tanner Burton Consumer Loan Officer Exchange Bank, Stillwater Raynie Harrison Loan Review Supervisor First Enterprise Bank, Oklahoma City Tyler Huston VP/Commercial Lending Mabrey Bank, Bixby Riley Nicholas Mortgage Production Spec Exchange Bank, Stillwater Alexandra …

  • October 19, 2023

    National ABA Survey: credit unions, banks should have equal standards

    According to a national survey conducted by Morning Consult for the American Bankers Association, U.S. consumers do not realize the distinctions between banks and credit unions and think the two should have equal standards. Most consumers responded that any business providing bank-like services should have the same rules and regulations as banks. Likewise, 18% of Americans understand that credit unions …

  • October 17, 2023

    Publicize your promotions, hires!

    The OBA runs a monthly “Oklahoma Bankers” feature in its newspaper where promotions and hires from member banks are highlighted. While the submissions seem to come in giant clumps during parts of year, forcing some to be pushed back a couple or even three months to be published, we appear to be between said “giant clumps.” Now is the time …

  • October 17, 2023

    Week of Oct. 16

    In This Issue… From Adrian’s desk … Organizations recommend study into proposed capital requirements Publicize your promotions, hires OBA schedules Oktoberfest Golf Tournament 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! •        •         • …

  • October 13, 2023

    Data Driven Partners, LLC

    We are the creators of Lending Leads, a relationship-based, lead generation and competitive intelligence platform built for bank leaders, lenders and compliance officers.  Lending Leads provides actionable data to help banks execute their growth strategies, compete in their markets, and identify prospects and customers to align with their CRA, fair lending and compliance strategies. CONTACT INFORMATION: Contact: Jennifer Carlisle or …

  • October 11, 2023

    September 2023 OBA Legal Briefs

    OK Legislation 2023 By Pauli D. Loeffler Oklahoma Uniform Consumer Credit Code Title 14A Sec. 1-106 of the Oklahoma Uniform Consumer Credit Code  in Title 14A (the “U3C”) is the section that determines when and how much dollar limits under Title 14A are subject to change. These changes are based on increases in the Consumer Price Index for Urban Wage …

  • October 11, 2023

    August 2023 OBA Legal Briefs

    HMDA Analysis Personal Responsibility Forms Update HMDA Analysis By Andy Zavoina If your bank is a reporter under the Home Mortgage Disclosure Act (HMDA), you may well have some work to do if you have not already done some or all of this. On June 29, 2023, the Federal Financial Institutions Examination Council (FFIEC) announced the availability of data on 2022 mortgage …

  • October 10, 2023

    Check out ABA’s Check Fraud Claim Directory

    The ABA created the Check Fraud Claim Directory to help banks of all sizes resolve check fraud claims as efficiently as possible. The directory provides contact information for banks needing to file a check warranty breach claim with another financial institution. The directory is searchable by bank name, city, state or FDIC number so banks can easily find a person or email …

  • October 10, 2023

    Week of Oct. 9

    In This Issue… From Adrian’s desk … Organizations urge Congress to extend New Markets Tax Credit Check out ABA’s Check Fraud Claim Directory OBA schedules Oktoberfest Golf Tournament 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! •     …