OKBanker Direct

March 2026

March 14, 2026
Trump issues executive order designed to ease mortgage lending rules

On Friday afternoon, President Trump signed a new executive ordered titled “Promoting Access to Mortgage Credit.” The order directs the Consumer Financial Protection Bureau and other financial regulators to consider a variety of changes aimed at making compliance easier for smaller, community banks. It also calls for agencies to revise existing policies to support community bank lending for construction, expand …
March 6, 2026
Mullin is pick to lead Homeland Security; opens Oklahoma senate seat

President Trump took to Truth Social on Thursday to announce Oklahoma U.S. Sen. Markwayne Mullin is his choice to replace Secretary Of Homeland Security Kristi Noem. Sen Mullin – if confirmed by the Senate – would take over the position on March 31. The White House said it will pursue Mullin’s Senate confirmation as quickly as possible. With the announcement of Mullin’s …

February 26, 2026
Nominations open for OBA Board, first vice chair

Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …

May 9, 2025
Mobile website available for OBA convention attendees

Be sure to bookmark our dedicated mobile web page for convention, which includes information on the golf tournament, the overall convention schedule, exhibit floor plan, sponsors and more at www.oba.com/convention. Those using iPhones can save the page on their home screen like an app by simply hitting the share button at the bottom of the screen (icon at center that …

April 23, 2025
OBA board nominees selected for consideration by membership

Pursuant to Article V, Section 5.4 of the By Laws of the OBA, notice is hereby given of the slate of nominees that have been selected by each of the Board’s nominating committees to serve a three-year term on the Board of Directors. The slate of nominees will be considered by the membership on May 13 at the annual meeting …

March 28, 2025
Regulatory agencies state intent to rescind 2023 CRA rule

The federal bank regulatory agencies today announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final rule. As of now, this is NOT official, but just stated as the INTENT to EVENTUALLY …

December 27, 2024
Court hits pause on beneficial ownership registry deadline

The January deadline for covered businesses to register their beneficial ownership information is on hold following a order from the Fifth Circuit Court of Appeals on Thursday. On Monday, the Fifth Circuit lifted a nationwide injunction issued by the district court judge earlier this month in a Texas lawsuit challenging the Corporate Transparency Act, which requires covered businesses to report …
December 4, 2024
Judge issues injunction blocking enforcement of beneficial ownership reporting rule

A federal judge in Texas has issued a preliminary injunction to block enforcement of the requirement for businesses to report their beneficial owners to the Financial Crimes Enforcement Network. The injunction comes less than a month before the requirement’s Jan. 1 deadline. It states covered companies nationwide do not need to comply with the Jan. 1 reporting deadline, unless a …

October 24, 2024
Deposits at all institutions should be treated equally

The recent failure of First National Bank, in Lindsay, while tragic, brought an important issue to the forefront of our industry, particularly here in Oklahoma. With previous bank failures in recent years, all depositors were eventually made whole – which also included those over the current $250,000 FDIC limit. With the failure of the Lindsay bank, however, the FDIC has …

September 25, 2024
Four bankers to make up 2024 class for Oklahoma Bankers Hall of Fame

The Oklahoma Bankers Hall of Fame today announced the four bankers who will be inducted into its 2024 class later this year. Guy Berry III, Herschel Brewster, Brad Krieger and Gregg Vandaveer will make up the 2024 class. The inductees were selected by a panel of bankers from across the state, and were voted on late last week. The induction …

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