Oklahoma Bankers Association We make bankers better!
The Federal Bureau of Investigation and the Cybersecurity and Infrastructure Security Agency recently released a Joint Cybersecurity Advisory, urging businesses to defend themselves from ransomware threats during the holidays and weekends when most businesses are closed. Ransomware attacks and wire fraud with a high impact are most likely to occur just before holidays and weekends. Bankers should encourage their coworkers …
September 2021
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September 2, 2021
Transfund
Transfund is a debit card processor, credit card processor and ATM network committed to helping banks build strong, profitable card programs supported by innovative products and superior service. CONTACT INFORMATION: Contact: Luke Shoemaker, VP/Senior Sales Executive One Williams Center, 22nd Floor Tulsa, OK 74172 Phone: (325) 280-2779, Helpdesk: (800) 588-6816 Email: lshoemaker@transfund.com Website: www.transfund.com
August 2021
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August 31, 2021
Week of Aug. 30
In This Issue… PPP direct loan forgiveness encouraged by SBA OBA Bankers’ Night Out programs begin in two weeks in Ardmore OBA Washington Visit to resume traditional format in 2022 OBA Emerging Leaders Academy application deadline approaching Today is the last day to order 2022 Oklahoma Views and Vistas Calendar at early-bird rate OBA education corner … PPP direct loan …
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August 27, 2021
Survey Reveals Changes in Sales, Revenue, Capital Spending
According to the Federal Reserve Bank of Kansas City, the results of the Services Survey reflect changes in a variety of activity indicators, including sales, revenue, employment, and capital spending, as well as changes in input material and selling prices. Longer-term trends can be traced using the accumulated data. To read this article in its entirety from the Federal Reserve …
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August 26, 2021
Resources, tools, info on latest frauds affecting Oklahoma
Our federal law enforcement partners have been working overtime to try to help banks stay ahead of the challenges encountered with both cyber-criminals and bad actors that impact bank ATMs in multiple ways. Law enforcement partners and our statewide MAFIA groups have shared multiple resources and tools, which we are including in this Fraud Alert. Let’s get started! • • …
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August 24, 2021
New Home Sales on the Rise in July
Despite an economic setback caused by the COVID-19 pandemic, the housing market is steadily recovering. According to the U.S. Census Bureau and the Department of Housing and Urban Development, new single-family home sales increased to a compounded annual growth rate of 708,000 in July. To read more about this story in its entirety from ABA Banking Journal, please click here.
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August 24, 2021
Week of Aug. 23
In This Issue… FDIC looks for banker input OBA Bankers’ Night Out sponsorships available OBA education corner … FDIC looks for banker input FDIC Chairman Jelena McWilliams and newly appointed Chief Innovation Officer Sultan Meghji have asked the banking industry for input related to innovation around four general themes. Inclusiveness — How to increase access to banking services for those …
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August 20, 2021
Sudden Decrease in Satisfied Credit Card Users
Client satisfaction with credit card issuers fell this year as issuers attempted to accommodate customers’ demands amid ongoing economic uncertainty, according to the J.D. Power 2021 Credit Card Satisfaction Study. Satisfaction with national issuers has dropped considerably, down from 811 to 805 on a scale of 1,000. As a result, credit card issuers are searching for the causes of this …
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August 19, 2021
Executive News: On the road, hearing stories from peers, bankers …
I can’t believe it’s already the end of summer – spending the last weekend hunting for school supplies is one way to wrap up the season. We’ve got lots of things to look forward to in the fall and I’ll touch on this in a minute. While it usually slows down a little bit here at the OBA in the …
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August 18, 2021
2021 Hall of Fame inductees unveiled
The OBA is proud to announce the group of inductees for the Oklahoma Bankers Hall of Fame, with the ceremony set for Dec. 2 in Oklahoma City. Bruce Benbrook, a longtime Woodward banker who is currently CEO and chairman of The Stock Exchange Bank in Woodward; Steve Burrage, a southeastern Oklahoma stalwart who is chairman of FirstBank in Antlers; the …