Oklahoma Bankers Association We make bankers better!
The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2020.
January 2021
December 2020
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December 29, 2020
Week of Dec. 28
In This Issue… Banks should expect stimulus payments to hit customers’ accounts soon Dates changed for 2021 OBA Senior Management Forum OBA holiday hours updated OBA education corner … Banks should expect stimulus payments to hit customers’ accounts soon ACH transactions for the economic impact payments are expected to begin as soon as today. More than 100 million files are …
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December 29, 2020
2021 OBA Senior Management Forum changes dates
The 2021 Senior Management Forum dates have changed. The Forum will now be held June 20-22, at the Bellagio in Las Vegas. Keep an eye out for more information on this in the coming months! Contact the OBA education department with any questions about the Forum.
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December 22, 2020
December 2020 OBA Legal Briefs
Systemic overdraft problems Resolving escrow shortages and deficiencies An update on the Payday Lending Rule Systemic overdraft problems By Andy Zavoina Let’s talk “politically correct” and separate that from what is legally correct. The former term is used loosely to mean generally accepted by the vocal public, which in this case includes those tired of what they may view as …
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December 11, 2020
Executive News: Christmas joy … especially this year
Each December, I write this column to wish you and yours a very merry Christmas. In the past I’ve also used this opportunity to summarize what we’ve been doing for the past year. I’ve also written this column to demonstrate the value of your bank’s OBA membership, and that’s been especially true this year. Working in tandem with my colleagues …
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December 11, 2020
Consumer credit growth increases
In October, consumer credit increased at a seasonally adjusted annual rate of 2.1%. Revolving credit decreased at an annual rate of 6.7%, and nonrevolving credit increased at an annual rate of 4.8%. Federal government holdings of student loans continue to be the largest portion of non-revolving credit, comprising approximately 43.2% of outstanding credit. Depository institutions and finance companies are secondary …
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December 11, 2020
Oklahoma banks show upward trajectory in third quarter
Oklahoma banks showed increasing numbers in their net income for the third quarter of 2020 according to the just-released FDIC Quarterly Banking Review. Oklahoma banks have a net income of $1.05 billion in 2020 as of the Sept. 30 numbers, compared to a net income of $1.03 billion at the same time frame in 2019. This year’s $1.05 billion is …
November 2020
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November 20, 2020
Barracuda Consulting
Barracuda Consulting specializes in working with businesses to create streamlined HR procedures related to: leadership development, advanced personality assessments, performance management, policy writing (employee handbooks), job analysis (job descriptions) as well as staffing for all levels. We offer our services to clients throughout Oklahoma. We believe an organization is strengthened by empowering its people. CONTACT INFORMATION: Contact: Jeff Faust, SHRM-CP, …
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November 19, 2020
November 2020 OBA Legal Briefs
FAQs on RESPA Section 8 The year is nearly over – Loose ends FAQs on RESPA Section 8 By Andy Zavoina When we hear “Section 8” and “RESPA” in the same sentence, violations and civil money penalties often come straight to mind. It promotes negative connotations much like hearing your dentist say, “root canal” or your accountant, “IRS” and “audit” …