Immediately upon assuming office last Monday, President Trump designated several chairs and acting heads of agencies and departments. Among agencies relevant to financial services, Trump designated the following: David Lebryk, fiscal assistant secretary of the treasury and the highest career official at the Treasury Department, as acting secretary pending the confirmation of nominee Scott Bessent. FDIC Vice Chairman Travis Hill …
January 2025
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January 22, 2025
Unauthorized tap-to-pay fraud increasing
According to frankonfraud.com, there is a rise in donation “Tap to Pay” fraud where consumers are approached in a parking lot (Target, WalMart, etc.) by individuals (scammers) requesting a small donation to help with <insert any sob story>. The victims believe they are donating $10 or $20, but the scammer is manipulating the transaction and billing them for thousands. Technically, …
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January 21, 2025
Week of Jan. 20
In This Issue… From Adrian’s desk … Trump revokes AI, climate change rules on financial sector Trump names chairs, acting heads of several agencies, departments OBA, ABA to host webinar on national, state legislative issues OBA Bankers’ Night Out programs ready for spring OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some …
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January 21, 2025
Integris
Integris supports community banks with premium IT services, including managed IT support, cybersecurity, strategic guidance, hosting, and more. Our solutions are specifically designed to meet the unique demands of financial institutions. CONTACT INFORMATION: Contact: Lance LaBedelle 940 Arroyo St San Angelo, TX 76903 Phone: (325) 227-9900 Email: lance.labedelle@integrisit.com Website: www.integrisit.com
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January 14, 2025
OBA, ABA to host webinar on national, state legislative issues
The OBA and the American Bankers Association will host a free webinar on Jan. 30, exclusively for Oklahoma bankers, to discuss the upcoming changes and opportunities presented at both the state and federal levels for the banking industry. New leadership coming to Washington presents many opportunities for the industry, and 2025 is certain to be a year of significant policy …
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January 14, 2025
Week of Jan. 13
In This Issue… From Adrian’s desk … OBA, ABA, state bankers associations ask Trump to halt current regulatory actions Unauthorized tap-to-pay fraud increasing CFPB drops proposed ban on NSF fees for instant transactions Regional Housing Forums series scheduled Review your bank’s info for upcoming Directory of Banks; participate in director compensation survey OBA education corner … From Adrian’s desk … …
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January 8, 2025
Associations file suit challenging Fed’s stress-testing framework
Various association, including the American Bankers Association, The Bank Policy Institute, Ohio Bankers League filed litigation in late December against the Federal Reserve, challenging aspects of the stress testing framework the Fed uses to establish certain bank capital requirements. The lawsuit is focused on the lack of transparency in the current stress testing process, with the groups challenging the “opaque …
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January 7, 2025
Week of Jan. 6
In This Issue… From Adrian’s desk … Fed’s vice chairman for supervision announces retirement National Day of Mourning on Thursday; Fed closed, banks to remain open OBA, ABA to host webinar on national, state legislative issues OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest …
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January 2, 2025
OBA statement on passing of Gene Rainbolt
The Oklahoma Bankers Association, today, mourns the death – but celebrates the life – of prominent banker and Oklahoman Gene Rainbolt. Rainbolt was a leader and legend within the Oklahoma banking community, and truly among ALL Oklahomans as well. He was an inaugural inductee of the Oklahoma Bankers Hall of Fame in 2018, a chair of the OBA in 1970-71 …
December 2024
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December 31, 2024
Week of Dec. 30
In This Issue… From Adrian’s desk … Deepfake technology to impact bank fraud in coming year Associations file suit challenging Fed’s stress-testing framework 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 week! • • • …