Saturday, April 13, 2024

Oklahoma Banker

March 2020

  • March 11, 2020

    Nominations open for OBA Board

    Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this 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 at the …

February 2020

  • February 21, 2020

    Executive News: Looking at the Alliance

    One of the things many of you have heard me talk about over the last five years or so deals with the Alliance between and among the 51 state bankers associations across the country and the ABA. The alliance is of immeasurable value to the commercial banking industry, but it wasn’t always so. When I first arrived at the OBA …

  • February 21, 2020

    Bankers’ Night Out events set for Spring

    The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition to state and federal legislative …

October 2019

  • October 27, 2019

    Executive News: Onward to Senate

    In spite of all of the impeachment noise late last month, the industry was successful in obtaining passage of the Secure and Fair Enforcement Banking Act (the SAFE Act) by a strong bipartisan vote: 323-101. While far from perfect, the SAFE Act is at least a step in the right direction for the industry. While I would have preferred different …

  • October 27, 2019

    Hall of Fame inductees unveiled

    The OBA is proud to announce the group of inductees for the Oklahoma Bankers Hall of Fame, with the ceremony set for Dec. 5 in Oklahoma City. John V. Anderson, with F&M Bank in Crescent; Mick Thompson, with the Oklahoma State Banking Department; Clark and Wanda Bass, with First National Bank & Trust Co., in McAlester; and Morrison Tucker, a …

  • October 27, 2019

    New language in Act seeks parity for banks, credit union

    Section 2821 of the National Defense Authorization Act for the 2020 fiscal year includes a significant change that means a more-level playing field between banks and credit unions located on military installations. The issue has to do with how banks are now required to compete with credit unions on military bases and posts beyond their tax-exempt status. Credit unions currently …

September 2019

  • September 22, 2019

    Executive News: Your bank’s future depends on FinTech?

    I recently read an article in the American Banker about traditional community banks and their need for FinTech firms. The headline, “Traditional Banks Continue to Flirt with Obsolescence,” got my attention and, after reading what I thought was a sales pitch, I began to think about what he said or was trying to say. Robertson is the founder and CEO …

  • September 22, 2019

    Second quarter industry numbers released by FDIC

    Although all FDIC-insured institutions reported net income of $62.6 billion at the end of the second quarter, Oklahoma banks were off by almost 4 percent when compared to the industry’s 2018 earnings at this same point. “The drop in income conforms to the earlier trends we’ve seen,” OBA President and CEO Roger Beverage said. “What’s interesting is that assets rose …

August 2019

  • August 22, 2019

    Executive News: Some thoughts on Fed’s proposed RTP system

    Every August, like clockwork, Congress goes home for five weeks to campaign, travel their district or the state, read, do interviews – something other than doing the work of the people. A lot of folks think this is a good thing because it holds any action they might take in abeyance in terms of trying to make news or otherwise …

  • August 22, 2019

    Hall of Fame ballots hitting banks this month

    Ballots for the 2019 Oklahoma Bankers Hall of Fame induction class will be mailed mid-August. An identical group of five ballots is being sent to every president/CEO of each bank in the state. We’re leaving it to the discretion of the presidents/CEOs to distribute these ballots how they see fit among their banks’ respective staffs. Each ballot will be counted …