OKBanker Direct

July 2017

• July 25, 2017

  Small-business lending information needed

  Good afternoon everyone. As you know, the CFPB has published its Request for Information that deals with small business lending and the Bureau’s plan to implement the requirements of Sec. 1071 of Dodd-Frank. Those requirements will require your bank to collect HMDA-like data on small business loans. I’ve been included in a meeting at the Bureau on Monday to visit …

May 2017

• May 16, 2017

  Archive: URGENT REQUEST: Please contact your congressman about pulling Durbin Amendment bill from CHOICE Act

  On May 4, the House Financial Services Committee approved H.R. 10, the Financial CHOICE Act. The vote was strictly along party lines, 34-26. One of its provisions will repeal the harmful Durbin Amendment. It’s possible H.R. 10 will be brought up by the House leadership and considered on the House floor next week during the OBA Convention in Norman. We know the …
• May 2, 2017

  Archive: CHOICE Act mark-up is underway

  This morning, the House Financial Services Committee began considering H.R. 10, the Financial CHOICE Act. Introduced by House Financial Services Chairman Jeb Hensarling (R-Texas), H.R. 10 is the chairman’s vision of the effort to “repeal and replace” Dodd-Frank. The Independent Community Bankers of America is having its annual ICBA Capital Summit in Washington, D.C., right now, and we want to …

April 2017

• April 26, 2017

  Archive: Immediate action needed on Senate Bill 291

  Late Tuesday, Senate Bill 291 was added to the House Floor calendar and could possibly be heard today or Thursday. SB 291 is a bad bill for banking! This bill makes the necessary changes to allow Green-Energy PACE Home Loans. These loans are currently under scrutiny from federal regulators and Congress. Current Oklahoma law states that these loans are junior …
• April 21, 2017

  Please participate in new Regulatory Feedback Initiative survey

  Change is in the air at the federal bank regulatory agencies and we hope to maximize our opportunity to make needed changes to the regulatory environment. But, we need your help. Please join bankers across America by participating in the Regulatory Feedback Initiative. Our new, streamlined “Post Exam Survey” will provide banking advocates with the data needed to identify problems …
• April 11, 2017

  OBA By Laws update to be proposed at convention for Emerging Leaders division

  We will create the Emerging Leaders Division by amendment to the current By Laws at the 2017 OBA Annual Convention & Trade Show. To view the By Laws, click here.

March 2017

• March 9, 2017

  Community bankers meet with President Trump to discuss regulatory challenges

  WASHINGTON — This morning, a diverse group of community bankers from across the country met with President Trump to discuss how the current regulatory environment affects their bank’s ability to serve customers and drive economic growth. Among the attendees were ABA President and CEO Rob Nichols, ICBA President and CEO Camden R. Fine and nine bankers, including ABA officers and …

February 2017

• February 3, 2017

  Trump signs executive orders concerning banking industry

  President Donald Trump signed executive orders this morning that deal directly with the banking industry’s most difficult obstacle for success. The executive order mandates a comprehensive review of all regulations stemming from the Wall Street Reform and Consumer Protection Act – commonly referred to as “Dodd-Frank.” The order directs the Department of Labor to stop implementing the so-called fiduciary rule. …