November 2020

  • November 3, 2020

    Pro/Con OBA GRC discussion on SQ 805

    Link to discussion with Frank Keating and Mike Hunter (Anti 805)   Link to discussion with Kris Steele and Gene Rainbolt (Pro 805)

  • November 2, 2020

    2020 Oklahoma Banker Hall of Fame inductees

    Click on each link to download: Bruce Benbrook nomination form & letter biographical sketch letters of recommendation additional info photo Steve Burrage nomination form & letter biographical sketch letters of recommendation photo Carlisle Mabrey III nomination form & letter biographical sketch letters of recommendation photo

October 2020

  • October 28, 2020

    Friends of Traditional Banking looks for help in three key races

    Friends of Traditional Banking has picked key close races each election cycle and encourage community bankers around the country to contribute what they can to help. Friends of Traditional Banking is a non-partisan grassroots effort organized by bankers in 2012 to improve the political and regulatory environment for the traditional banking industry in the U.S. FOTB is the inverse of …

  • October 20, 2020

    October 2020 OBA Legal Briefs

    Contracts for deed FAQ: Reg D early withdrawal penalties Flood program extended TRID timing requirement waivers SCRA is still in the news Contracts for deed By Pauli D. Loeffler What is a contract for deed? Title 16 O.S, §11A provides: All contracts for deed for purchase and sale of real property made for the purpose or with the intention of …

  • October 20, 2020

    Week of Oct. 19

    In This Issue… ABA, others urge Congress to address forgiveness issues FDIC survey shows 95 percent of U.S. households were banked in 2019 Office Depot offers coupons for OBA members OSU Extension aiming to help farm financial programming OBA education corner … ABA, others urge Congress to address forgiveness issues The American Bankers Association and seven other financial trade groups …

  • October 11, 2020

    Executive News: Four weeks out, all is well … ?

    … umm … maybe. Maybe not. The upcoming election is about four weeks away. This year has been interesting/challenging, to say the least. That being the case, I have just a couple of quick election-related observations. The Trump Administration seems to be in the crosshairs of this dreaded COVID-19 virus: First it was Hope Hicks; then it was the president …

  • October 11, 2020

    ABA, OBA create voting toolkit

    It’s officially October, and news on the presidential election is on every corner. The conversation has taken over social media, television and even the dinner table. While talking about the election is a great way to educate yourself and others, the most essential part is exercising your right to vote. The American Bankers Association has teamed with the Oklahoma Bankers …

  • October 9, 2020

    SBA streamlines PPP loan forgiveness for $50,000 or less

    The Small Business Administration tonight released a streamlined loan forgiveness application for Paycheck Protection Program loans of $50,000 or less. The forgiveness application, Form 3508S, includes certifications from the borrower but does not require calculations to be submitted with the application. Applicants must submit documentation verifying forgivable payroll and non-payroll expenses. Borrowers are required to retain the documentation supporting their …

September 2020

  • September 29, 2020

    Week of Sept. 28

    In This Issue… Free-to-all ABA anti-phishing campaign kicks off Final call: Emerging Leaders Academy applications due on Oct. 1 Social Security Administration services available to all OBA education corner … Free-to-all ABA anti-phishing campaign kicks off The ABA has designed an anti-phishing campaign that is an excellent tool for all bankers. It is offered free to all bankers, ABA members …

  • September 22, 2020

    Executive News: Next big hurdle: DEI, compliance concerns

    We’ve all been impacted by the COVID-19 pandemic, some more than others. As many of you who read this column know, my wife and I have been self-quarantined since mid-March. Most days I work from home and I find the environment surprisingly calm and productive. On at least a weekly basis, I go to the office when no one else …