Saturday, September 21, 2019

OKBanker Direct

Oklahoma Banker Direct

April 2018

  • April 26, 2018

    CGR Summit: Everyone says it will happen, but ..

    Earlier this week, more than 20 Oklahoma bankers joined nearly 1,300 bankers from across the country while attending the ABA’s GR Summit in Washington, D.C. “Parts, but not all, of the meetings we had both with the group and our own delegation were encouraging,” OBA President and CEO Roger Beverage said. “Virtually everyone tells us that the regulatory reform bill …

  • April 18, 2018

    Cam Fine to retire; offers GREAT counsel to all of us

    Cam Fine has been the president and CEO of the Independent Community Bankers of America for the past 15 years, and he’s set to retire on May 4. While we have not always agreed with his approach to advocacy, the fact is Cam has been a champion for the smaller banks in this great country and for just about every …

  • April 3, 2018

    Walker nominated as OBA first vice chairman

    Pursuant to Section 6.3 of the By Laws of the Oklahoma Bankers Association, notice is hereby given of the nominee for the office of First Vice Chairman. The nominee was selected from among more than a dozen names that had been submitted to the Nominating Committee for consideration. The nominee for the office of First Vice Chairman of the Oklahoma …

March 2018

  • March 15, 2018

    Senate passes regulatory relief package

    On a vote of 67-31, the U.S. Senate passed its version of regulatory reform for traditional community banks. “This has been a tough fight,” OBA President and CEO Roger Beverage said. “We’ve been working on trying to shape a compromise for more than four years. Yesterday was a huge win for the banking industry, but especially for smaller community banks. …

  • March 9, 2018

    Senate debates S. 2155; Check out Lankford’s incredible speech on Senate floor!

    This week has borne witness to a sometimes comical, sometimes irritating debate on the Senate floor about a bill that will bring regulatory relief to community banks. Much of the opposition to this bill is being led by a former supporter of community banks – Sen. Elizabeth Warren (D-Mass.) – who keeps reading from a list of talking points that …

February 2018

  • February 8, 2018

    Step Up Oklahoma initiative – specifics of plan

    Just another reminder to let your representative or senator know how you feel and what you think about the plan that’s been developed by a group of leading business and civic leaders with the number of individual leaders who also support this program growing day by day. In the OBA Update on Tuesday, we briefly outlined a few of the …

December 2017

  • December 16, 2017

    Senate Banking Committee approves regulatory relief bill

    Late Tuesday afternoon, the Senate Banking Committee voted to advance S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act to the full Senate for consideration. It was a strong bipartisan vote: 16-7, including four of the 11 Democrats on the Committee. “A small group of us began working on this concept about four years ago or so,” said …

November 2017

  • November 15, 2017

    Archive: CFPB Director Cordray leaving position

    Consumer Financial Protection Bureau Director Richard Cordray announced today he will be leaving his position, effective by the end of this month. Cordray, the first director of the CFPB, is thought to be considering a bid as governor of his home state of Ohio in next year’s election, although he has not confirmed this nor launched an official campaign. He …

  • November 1, 2017

    Bad news: Crapo/Brown negotiations fail

    We have now confirmed the ranking member of the Senate Banking Committee, Sherrod Brown (D-Ohio), has walked away from the negotiations with Committee Chairman Mike Crapo (R-Idaho) on a proposed package for regulatory relief aimed at community banks. He did so in spite of his public statements some three weeks ago that progress was being made on a compromise, bipartisan …

October 2017

  • October 26, 2017

    Senate overturns CFPB’s anti-arbitration rule

    The U.S. Senate overturned the Consumer Financial Protection Bureau’s controversial anti-arbitration rule on Tuesday. The vote was 51-50, and it now goes to President Trump for his signature. The vote was along party lines with Republican senators (including Oklahoma Sens. Inhofe and Lankford) voting “yes” and Democratic senators voting “no,” with the exception of two Republican senators – Lindsay Graham …