Saturday, June 25, 2022

September 2020

  • September 22, 2020

    Pandemic strikes banks’ net income in second quarter

    On August 25, the Federal Deposit Insurance Corporation reported the banking industry saw a 70 percent decline in net income when compared to net income in 2019. The Agency said liquidity and capital levels remain strong enough to meet loan demand and absorb any losses in the future. Although economic stress related to the COVID-19 pandemic continued to affect bank …

  • September 16, 2020

    September 2020 OBA Legal Briefs

    Advertise this way, everyone is doing it! Trust documents Advertise this way, everyone is doing it! By Andy Zavoina Penalties: In just over a month we heard of not one, two, or three cases of the Consumer Financial Protection Bureau (CFPB) enforcing advertising requirements on mortgage lenders, but four. Let’s cut to the chase for a recap of these enforcement …

  • September 8, 2020

    Week of Sept. 7

    In This Issue… From the chairman … Join us for our “OBA Tuesday @10” Zoom session with guest Joy Hofmeister Register for OBA Virtual Washington Visit FDIC acting director of Office of Minority and Inclusion testifies before House subcommittee Absentee voter program in effect for general elections ABA gathering info on core processors Abrigo updates SBA forgiveness platform OBA education …

  • September 2, 2020

    Register for OBA Virtual Washington Visit

    U.S. Capitol

    Join fellow bankers and industry leaders from across the South Central United States for a virtual meeting with agency leadership and lawmakers. The OBA has partnered with the ABA and other state bankers associations for the South Central Regional Virtual Washington Visit, which is scheduled for Sept. 21-24. This year’s Washington Visit will ensure policies crucial to the banking industry …

  • September 1, 2020

    Week of Aug. 31

    In This Issue… Register for OBA Virtual Washington Visit 2020 OBA Oktoberfest Golf Tournament set for Oct. 5 Answer leadership’s call: OBA Emerging Leaders Academy accepting applications Check out OBA’s Strategic Members COVID-19 Resource Page OBA education corner …

August 2020

  • August 26, 2020

    Oklahoma banks remain strong in second quarter

    The Federal Deposit Insurance Corporation (FDIC) disclosed the second quarter results of the banking industry this week. “Commercial banks and savings institutions saw a decrease in net income of 70 percent from a year ago, while liquidity and capital levels remained very strong to meet loan demand and absorb any losses in the future.” “Industry income in total was down …

  • August 25, 2020

    Week of Aug. 24

    In This Issue… Oklahoma banks remain strong in second quarter Inhofe and Lankford sign on as co-sponsors of S. 4117; Lucas, Horn and Cole co-sponsor House version of small PPP loan forgiveness Answer leadership’s call: OBA Emerging Leaders Academy accepting applications Oklahoma Views & Vistas calendar available for discounted pricing through Aug. 31 OBA education corner …

  • August 23, 2020

    Executive News: Forgiveness: How’s that supposed to work?

    In spite of the persistence of our COVID-19 problems, the process of getting back to “normal” grinds on. Slowly, to be sure, but slowly, nevertheless. In the meantime, the banking industry remains right in the middle of the discus sion about the Paycheck Protection Act, specifically as it relates to forgiveness. I think Congress is right to focus on forgiveness …

  • August 23, 2020

    Emerging Leaders Academy now accepting applications

    Take note the OBA 2020-21 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new heights with powerful speakers offering information leaders need for effectively maneuvering in today’s business climate. Each session helps participants become true leaders by understanding those around …

  • August 23, 2020

    Community banks can also find COVID relief in captive insurance

    By Joshua Miller & David Guerino KeyState Captive Management, LLC COVID-19 presents significant challenges for U.S. businesses across every industry, and community banks have had to respond to some unique circumstances. As we focus on moving toward recovery, nearly everyone agrees some changes to operating environments will be permanent and this is the “new normal.” When community banks adjust to …