Oklahoma Bankers Association We make bankers better!
Net income at Oklahoma banks increased by almost 50% overall from the second quarter to the third quarter of 2022. The FDIC’s latest Quarterly Banking Profile, which was released in late November, showed good news for Oklahoma banks from the second to third quarters. After reporting $799 million in profits through the end of the second quarter, Oklahoma commercial banks …
December 2022
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December 8, 2022
Four bankers inducted into Oklahoma Bankers Hall of Fame
The Oklahoma Bankers Hall of Fame inducted its 2022 class – its fourth ever – today at the Oklahoma History Center in Oklahoma City. Dr. Sinclair Armstrong Jr., with Armstrong Bank in Muskogee; Shirley Barber, a longtime banker with Security State Bank in Cheyenne; Robert H. Croak, with FNB Community Bank in Midwest City; and the late John Massey, with …
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December 6, 2022
ABA report: Credit card market remains strong
Consumers continued to manage their credit well despite economic headwinds in the second quarter of 2022, according to the American Bankers Association’s latest Credit Card Market Monitor. The report found that credit card credit outstanding as a share of disposable income remained well below pre-pandemic levels in the second quarter while inflation-adjusted monthly credit card purchase volumes increased across risk …
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December 6, 2022
November 2022 OBA Legal Briefs
HMDA Changes Un-Changing? Defunding the CFPB New “Junk Fees” HMDA Changes Un-changing? By Andy Zavoina As a part of your Compliance Management Program, you should meet periodically with senior management and/or the board of directors and keep them informed of changes that are or may be coming down at you. This is especially the case as we approach budget talks. …
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December 6, 2022
Week of Dec. 5
In This Issue… ABA report: Credit card market remains strong Oklahoma Bankers Hall of Fame induction ceremony set for Thursday OBA education corner … ABA report: Credit card market remains strong Consumers continued to manage their credit well despite economic headwinds in the second quarter of 2022, according to the American Bankers Association’s latest Credit Card Market Monitor. The report …
November 2022
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November 29, 2022
S&P Global Market Intelligence
We understand that the challenges of today’s banking industry require faster, smarter decisions, so we’re always thinking of ways to keep you more informed, developing tools to save you time – time which you can better invest into growing your business. Use our innovative solutions to access sector-specific, comprehensive, and reliable intelligence anywhere, anytime, via desktop, web, mobile, or data-feed. …
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November 29, 2022
Week of Nov. 28
In This Issue… Acting Comptroller of the Currency touts banks’ ‘quiet trustworthiness’ during crypto issues Oklahoma Bankers Hall of Fame induction ceremony set for Dec. 8 OBA education corner … Acting Comptroller of the Currency touts banks’ ‘quiet trustworthiness’ during crypto issues Amid significant volatility in the cryptocurrency markets, as well as an uptick in crypto-related frauds and scams, Acting …
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November 28, 2022
Profit Resources Inc. (PRI)
Profit Resources, Inc. (PRI) enhances interchange income and debit card profitability, evaluates and negotiates system contracts, and completes process improvement throughout every area of the bank. PRI strengthens banks by making quantifiable improvements to profitability and efficiency while also specializing in merger integration. CONTACT INFORMATION: Contact: Brady Chianciola 320 S Madison Ave Monroe, GA 30655 Phone: (800) 576-2374 (413) 544-1584 …
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November 28, 2022
Poll: Consumers value rewards programs when choosing banks
Nearly one in four respondents said in a recent survey they would switch or have switched banks because another bank offered a cashback or rewards program, or offered a better version of a rewards program than their current bank. Rewards program platform provider Wildfire Systems commissioned a survey of more than 1,000 U.S. consumers on their attitudes toward cashback and …
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November 23, 2022
Happy Thanksgiving from the OBA staff!
Happy Thanksgiving from our staff to yours, from all our families to yours! The OBA offices will be closed starting Wednesday afternoon through Friday for the holiday. We will reopen at our regular time on Nov. 28. Have a happy Thanksgiving!