Saturday, May 25, 2024

March 2024

  • March 30, 2024

    Preliminary injunction issued against new CRA rules

    A federal judge in Texas issued a preliminary injunction on Friday against the enforcement of revised rules implementing Community Reinvestment Act. The American Bankers Association, the Independent Community Bankers of America, the U.S. Chamber of Commerce, the Texas Bankers Asociation, alongside three other national and state associations, sued banking agencies in February for exceeding their statutory authority with their recent amendments to …

  • March 29, 2024

    Nominations open for OBA Board, first vice chair

    Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …

  • March 29, 2024

    DDI Technology

    DDI Technology provides automotive title management services to lenders across the country. As Oklahoma adopts electronic lien & title, DOI can partner with banks to allow for easier processing and management of the titles. DOI Technology operates in all 50 states. CONTACT INFORMATION: Contact: Anthony Lipinski 1 Wellness Blvd, Suite 201 Irmo, SC 29063 Phone: (803) 587-5860 Email: Website: …

  • March 28, 2024

    FFIEC makes changes to Uniform Bank Performance Report

    Federal Financial Institutions Examination Council member agencies are making several changes to the Uniform Bank Performance Report on or shortly after Monday, March 24. These changes are necessitated by the current expected credit losses methodology nomenclature changes to the March 2024 Call Reports, according to FFIEC.

  • March 25, 2024

    Week of March 25

    In This Issue… From Adrian’s desk … Interested in leading our Emerging Leaders? Deadline to apply is March 31! State ag liens website updated FFIEC makes changes to Uniform Bank Performance Report OBA fraud department looking for photo assistance Bankers at state Capitol: Register for OBA’s 2024 Contact Banker Program OBA education corner … From Adrian’s desk … By Adrian …

  • March 22, 2024

    Agencies extend applicability date of certain provisions of CRA final rule

    Federal bank regulatory agencies jointly issued an interim final rule on Thursday that extends the applicability date of certain provisions in their Community Reinvestment Act final rule issued in October 2023. The agencies also requested comment on the extension. The agencies extended the applicability date of the facility-based assessment areas and public file provisions from April 1, 2024, to Jan. 1, 2026. …

  • March 21, 2024

    Nexus Legal, LLP

    Nexus Legal LLP is a corporate law firm that provides legal services to banks in various areas. We advise and represent banks on commercial and consumer loan transactions, syndicated lending arrangements, Fin Tech partnership, swaps and loan participations, and bank regulatory matters. Our attorneys have extensive experience working with financial institutions to navigate complex legal issues and ensure compliance with …

  • March 19, 2024

    OBA seeks general counsel; current legal staff still on duty to assist bankers!

    The OBA is currently looking to fill the position of general counsel – our current legal staff remains available to assist our member bankers with their needs, however! As we search, however, we wanted our bankers to know that Pauli and the rest of our compliance staff are standing by to continue their great service! As for a new general …

  • March 19, 2024

    Week of March 18

    In This Issue… From Adrian’s desk … OBA seeks general counsel; current legal staff still on duty to assist bankers! Bankers’ Night Out programs ready for spring OBA welcomes 50-Year Club nominations 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 …

  • March 14, 2024

    ABA, U.S. Chamber of Commerce file suit against CFPB’s late fees rule

    The American Bankers Association joined the U.S. Chamber of Commerce and four business groups in filing a lawsuit in federal court on Thursday to challenge the Consumer Financial Protection Bureau’s new rule limiting credit card late fees. The plaintiffs are also seeking a preliminary injunction barring the bureau from implementing the new rule. Earlier last week, the CFPB issued a final rule …