Oklahoma Bankers Association We make bankers better!
In This Issue… From Adrian’s desk … OBA hosts Zoom meeting with attorney general’s office on alien ownership of Oklahoma real estate Federal Reserve proposes new rule on interchange fees Bank Performance Report available for OBA members OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits …
October 2023
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October 27, 2023
Bank Performance Report
The OBA has entered a co-branding agreement with Kentucky Bankers Association for a quarterly banking publication called Bank Performance Report. BPR currently has 350 bank subscribers from across the country. This report is in electronic and/or printed format utilizing data from the quarterly FFIEC Call Reports, from which the BPR ranks overall performance of each bank headquartered in that state. The …
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October 26, 2023
Section 1071 injunction extended to ALL banks
A U.S. District Court judge broadened today a partial injunction, originally issued to the Texas Bankers Association, the American Bankers Association and a Texas-based bank, to now include all banks nationwide subject to the Section 1071 Final Rule. Judge Randy Crane barred the Consumer Financial Protection Bureau from implementing and enforcing the Sec. 1071 Final Rule against all banks and …
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October 26, 2023
Federal Reserve proposes new rule, lower debit card fee cap
The Federal Reserve has proposed a new rule regarding debit card interchange fees earned by banks. The rule would lower the cap on these fees and require a new review process biennially. The cap would also be updated every other year, applying to debit card issuers. The ABA and other stakeholders will oppose this proposed new rule. To contact the …
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October 26, 2023
New real estate ownership laws go into effect Nov. 1 – OBA to host Zoom meeting with attorney general’s office
During the last legislative session, there were changes made to Title 60 O.S. § 121 – Alien ownership of Oklahoma real estate. The highlighted section is new law that goes into effect on Nov. 1, 2023. 1. No alien or any person who is not a citizen of the United States shall acquire title to or own land in this …
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October 26, 2023
New real estate ownership laws go into effect Nov. 1 – OBA to host Zoom meeting with attorney general’s office
During the last legislative session, there were changes made to Title 60 O.S. § 121 – Alien ownership of Oklahoma real estate. The highlighted section is new law that goes into effect on Nov. 1, 2023. 1. No alien or any person who is not a citizen of the United States shall acquire title to or own land in this …
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October 25, 2023
October 2023 OBA Legal Briefs
Deposit account questions and answers Other frequently asked questions The OBA Compliance Team fields well over a hundred email messages every month, along with a healthy number of telephone inquiries. This month, our Legal Briefs include a sampling of the emails, which have been anonymized to remove the names of banks and individuals. Deposit account questions and answers. Compiled by …
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October 25, 2023
OBA Legal Briefs – January 2005 – October 2023
Legal Briefs Index October 2023 OBA Legal Briefs September 2023 OBA Legal Briefs August 2023 OBA Legal Briefs July 2023 OBA Legal Briefs June 2023 OBA Legal Briefs No May 2023 OBA Legal Briefs April 2023 OBA Legal Briefs March 2023 OBA Legal Briefs February 2023 OBA Legal Briefs January 2023 OBA Legal Briefs December 2022 OBA Legal Briefs November …
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October 24, 2023
Inductees selected for Oklahoma Bankers Hall of Fame
The 2023 induction class for the Oklahoma Bankers Hall of Fame has been unveiled. Nevyle Cable, Jim Hamby, Harry Leonard and Ted McGuire will make up the 2023 class and officially be inducted on Dec. 7 at the Oklahoma History Center in Oklahoma City. • Nevyle Cable is the longtime president and CEO of First National Bank and Trust Co., in Okmulgee. He retired in …
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October 24, 2023
OBA presents TikTok Time …
Check out the new semi-regular feature in the OBA Update — OBA TikTok Time … ! The OBA created a TikTok account to feature fun, entertaining little video segments that feature our bankers and those who work with them. No, you don’t have a TikTok account to view these short videos as you can navigate directly there just by using the link we provide …