Oklahoma Bankers Association We make bankers better!
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network recently issued an alert to financial institutions concerning fraud schemes related to the COVID-19 Employee Retention Credit (ERC) and is urging vigilance in identifying and reporting related suspicious activity. Ongoing fraud and scams related to the ERC have been identified that, to date, have resulted in 323 investigations involving more than $2.8 …
December 2023
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December 5, 2023
Week of Dec. 4
In This Issue… From Adrian’s desk … FDIC releases cybersecurity videos for banks Oklahoma Bankers Hall of Fame fifth class set for induction – only few seats left! 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! • …
November 2023
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November 29, 2023
Nondeductible portion of OBA dues calculated
The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2023. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …
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November 28, 2023
Week of Nov. 27
In This Issue… From Adrian’s desk … FinCEN raises alert on COVID-19 tax credit fraud schemes Oklahoma Bankers Hall of Fame fifth class set for induction – still seats available for ceremony! OBA Intern Program ready for 2024 OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …
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November 22, 2023
State Banking Board approves 60% reduction in 2024 assessments
The Oklahoma State Banking Board voted unanimously at its November meeting to reduce the assessments paid by Oklahoma state-chartered banks. The 2024 assessment rate was discounted 60% for each bank with assets less than $1 billion and 15% for each bank with assets more than $1 billion. During the meeting held Nov. 15, State Banking Commissioner Mick Thompson discussed increased …
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November 21, 2023
GSB-University of Wisconsin Madison releases 2024 schools’ schedule
The University of Wisconsin-Madison has released the dates of its 2024 schools, including the Graduate School of Banking, Human Resource Management School, Bank Technology Management School, and more! For the 2024 schedule, click here.
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November 21, 2023
GSB-OBA offers scholarships to member bankers
The OBA offers scholarship opportunities to member bankers pursuing the University of Wisconsin-Madison’s Graduate School of Banking and the GSB Human Resource Management School. For more information regarding scholarships, click here.
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November 21, 2023
GSB-University of Wisconsin Madison announces 2024 session
The University of Wisconsin-Madison has announced its Graduate School of Banking 2024 session, and the application deadline is June 15. For more information, click here.
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November 21, 2023
Week of Nov. 21
In This Issue… From Adrian’s desk … State Banking Board approves 60% reduction in 2024 assessments Nondeductible portion of OBA dues calculated OBA soliciting CD bids Oklahoma Bankers Hall of Fame fifth class set for induction 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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November 16, 2023
OBA soliciting CD bids
The OBA will be purchasing several Certificates of Deposit for investment soon. All interested banks are encouraged to contact us. The certificates will range from 90 days to 24 months, and most will be in the amount of $245,000 – to be funded the last week of November. Interested banks should contact Kathryn Donovan in the OBA accounting department: kathryn@oba.com.