Oklahoma Bankers Association We make bankers better!

July 2021

• July 20, 2021

  Week of July 19

  In This Issue… ABA urges bankers to encourage lawmakers to co-sponsor ECORA Act OBA Emerging Leaders Academy now accepting applications 2022 Oklahoma Views & Vistas Calendar available for earlybird order OBA endorses Promontory MortgagePath OBA education corner … ABA urges bankers to encourage lawmakers to co-sponsor ECORA Act ABA is calling on bankers to encourage their lawmakers to co-sponsor the …
• July 19, 2021

  Executive News: Sudden resignations spark interest at state capitol

  Last month, more than 60 bankers attended the OBA’s 2021 Senior Management Forum in Las Vegas. While the temps were close to 115 degrees, it was still great to see so many bankers. It was a record crowd and just coming off our annual convention, which also had record numbers. It’s clear bankers are ready to be back in person …
• July 18, 2021

  Economists expect sustained rebound in market conditions

  The chief economists of North America’s largest banks expect a sustained rebound in both consumer and business credit market conditions over the next six months, according to the American Bankers Association’s latest Credit Conditions Index released last month. The latest summary of ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced …
• July 16, 2021

  ABA report: Consumer delinquencies fall in first quarter

  

  Consumer credit delinquencies fell in the first quarter of 2021 as the economy rebounded strongly, according to results from the American Bankers Association’s latest Consumer Credit Delinquency Bulletin. Overall, delinquencies fell in seven of the 11 loan categories tracked by ABA. The composite ratio, which tracks delinquencies in eight closed-end installment loan categories, fell 48 basis points in the first …
• July 13, 2021

  Week of July 12

  In This Issue… Tenth District energy activity increases steadily OCC announces organizational changes OBA education corner … Tenth District energy activity increases steadily The Federal Reserve Bank of Kansas City released the second quarter Energy Survey last week, which revealed Tenth District energy activity continued to increase steadily, with revenues and profits rising at a faster pace. Activity continued to …
• July 6, 2021

  Week of July 5

  In This Issue… CFPB flags COVID-related consumer complaints Fed to launch CECL tool in mid-July OBA Emerging Leaders Academy now accepting applications OBA education corner … CFPB flags COVID-related consumer complaints The Consumer Financial Protection Bureau recently issued a consumer complaint bulletin that focused on complaints related to certain COVID-19 relief efforts, including the suspension of monthly payments for federal …

June 2021

• June 29, 2021

  Week of June 28

  In This Issue… Mortgage performance declines in first quarter 2022 Oklahoma Views & Vistas Calendar available for earlybird order OBA welcomes news strategic members OBA education corner … Mortgage performance declines in first quarter A recent report by the Office of the Comptroller of the Currency showed 94.2 percent of mortgages included in the report were current and performing at …
• June 25, 2021

  Tenth District manufacturing activity remains strong

  

  Federal Reserve Tenth District manufacturing activity remained strong, and expectations for future activity increased to a survey record high, according to the manufacturing survey recently released by the Fed. The index of prices paid for raw materials and prices received for finished goods compared with a month ago remained very high. Price indexes vs. a year ago posted record highs …
• June 22, 2021

  Week of June 21

  In This Issue… Two important fraud-related notes … Oklahoma banker receives ABA Distinguished Service Award for Compliance Report: Improved economy is great new for banks OBA education corner … Two important fraud-related notes … The OBA’s fraud department has been receiving calls and texts from bankers who were unable to get on the Oklahoma Insurance Department’s “Hoodwinked” fraud webinars at …
• June 19, 2021

  Executive News: Budget, Medicaid, issue highlight legislative front

  Last week, the OBA held its Annual Convention and Trade show at the Omni in Oklahoma City, and it was a great couple of days. We had record number of golfers playing in the rain, we had over 300 registrants and a sold-out exhibit hall full of great OBA Strategic Members. This year’s convention had a feel unlike any other …