Oklahoma Bankers Association We make bankers better!
The federal bank regulatory agencies announced on Dec. 31 the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act regulations. The annual adjustments are required by the CRA rules. Financial institutions are evaluated under different CRA examination procedures based upon their asset-size …
January 2020
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January 2, 2020
NuSource Financial
NuSource is an employee-owned company that pairs cutting edge technology with world-class service for financial institutions across the United States. We strategize and implement innovative Branch Transformation, Security and Service solutions. Through partnerships with companies such as highly regarded Hyosung, NuSource is committed to tailoring strategies to the particular needs of financial institutions. Our clients consistently reach improved operational performance …
December 2019
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December 31, 2019
December 2019 OBA Legal Briefs
These OREOs are no treat! Privacy: It’s for bank info, too Managing returns of duplicate payments These OREOs are no treat! By Andy Zavoina The Office of the Comptroller of the Currency (OCC) issued an enforcement order against Citibank, N.A. in October 2019 and imposed a $30 million civil money penalty because it violated the holding period allowed for the …
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December 23, 2019
Merry Christmas from the Oklahoma Bankers Association!
The OBA will be closed on Tuesday, Dec. 24, and Wednesday, Dec. 25, for Christmas. We will reopen at our regular time on Thursday, Dec. 26. We will also be closed on Wednesday, Jan. 1, for New Year’s Day. We will reopen at our regular time on Thursday, Jan. 2. Merry Christmas and happy New Year’s to you and your …
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December 18, 2019
Federal banking agencies release 2018 CRA data on lending
The 700 banks that reported 2018 Community Reinvestment Act data concerning their work in small business, small farm and community development lending had the information released this week by the federal banking agencies. You can read all the info, data and statistics regarding the 2018 CRA lending data by clicking here.
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December 17, 2019
Week of of Dec. 16
In This Issue… Federal banking agencies release 2018 CRA data on lending Nondeductible portion of OBA dues calculated OBA education corner …
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December 10, 2019
Week of Dec. 9
In This Issue… Five bankers inducted into Oklahoma Bankers Hall of Fame as 2019 class Webinar on Regulatory Feedback Initiative set this month OBA education corner …
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December 5, 2019
Five bankers inducted into Oklahoma Bankers Hall of Fame as 2019 class
The Oklahoma Bankers Hall of Fame inducted its 2019 class – its second ever – today at the Oklahoma History Center in Oklahoma City. John V. Anderson, with F&M Bank; the late Clark and Wanda Bass, with First National Bank & Trust Co., in McAlester; Oklahoma State Banking Commissioner Mick Thompson; and the late Morrison Tucker, a longtime prominent Oklahoma …
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December 2, 2019
Week of Dec. 2
In This Issue… Webinar on Regulatory Feedback Initiative set this month Oklahoma Bankers Hall of Fame ceremony set for Thursday OBA education corner …
November 2019
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November 30, 2019
November 2019 OBA legal briefs
Medical marijuana state question 788 and banking issues Editor’s note: This month’s Legal Briefs section has been ceded to one of the OBA’s strategic partners, McAfee & Taft, to allow their insight on medical marijuana and the resulting banking issues. As a disclaimer, however, the following does not necessarily reflect the views or advice of the OBA, its legal department …