Oklahoma Banker

August 2025

• August 17, 2025

  Executive News: Stablecoin questions pop up with new bill

  We’ve finally reached Aug. 1, and that means three things: kids are about ready to go back to school, Congress is headed home for a month and college football is just around the corner. I’ll let you decide in what order of priority you would place these items. At least for this article, we’ll put the emphasis on the traditional …
• August 17, 2025

  Attorneys general urge passage of cannabis rule

  A bipartisan coalition of 32 state attorneys general, including Oklahoma Attorney General Gentner Drummond, called on federal lawmakers late last month to pass legislation that would enable financial institutions to serve legitimate cannabis businesses in states where it is legal. In a joint letter to congressional leaders on July 24, the attorneys general endorsed the Secure and Fair Enforcement Regulation …

June 2025

• June 23, 2025

  Executive News: A tale of two bills …

  The 1st Session of the 60th State Legislature has been completed and we are finally able to look back at everything that happened this year. Like I say every year, each session is different in its own special way. This year was no different as we got to experience things I’ve never had the opportunity to do in my 26 …
• June 23, 2025

  Agencies issue host state loan-to-deposit ratios

  Federal bank regulatory agencies issued last month the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace those from June 2024. Oklahoma stayed at 86% in the ratios released, same as last year, although a 10% jump from 2023. Other neighboring states …

May 2025

• May 18, 2025

  Executive News: EFS filing bill on top of docket for OBA

  We have finally arrived at the last month of the state legislative session and I will say that everyone seems to be playing nice for now. As I’ve mentioned in previous articles, the only thing the legislature is statutorily required to accomplish is pass a state budget. So, all the policy issues still being considered must be across the finish …
• May 18, 2025

  2025 OBA Directory of Banks now available for purchase

  The latest edition of the OBA Directory of Banks is now available. This essential resource includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index and much more! Each Directory is $40 per copy …
• May 18, 2025

  Enforcement of pair of rules face abandonment by CFPB

  The Consumer Financial Protection Bureau, in April, vacated and/or abandoned enforcement of a pair of rules. On April 14, the CFPB reached an agreement with the American Bankers Association and other plaintiffs to settle a lawsuit over its rule on credit card late fees. The CFPB last year issued a final rule to lower the safe harbor dollar amount for …

April 2025

• April 21, 2025

  Executive News: Second half of session starts

  We are officially halfway through the state legislative session. Bills that survived their house of origin have now crossed the rotunda and will go through the committee process and be eligible for a floor vote should they make it that far. When the legislative session started, we were tracking over 600 bills – we now have 52 bills on our …
• April 21, 2025

  Keynote speaker highlights OBA’s upcoming convention

  A former U.S. ambassador and member of the George W. Bush administration will headline the upcoming OBA convention as the keynote speaker. Frank Lavin, a seasoned expert in global affairs, international trade and political strategy, will kick off the convention on May 13. With a distinguished career spanning diplomacy, business, and policy analysis, he brings a unique perspective on the …
• April 21, 2025

  Agencies state intent to scrap 2023 CRA rule

  The federal bank regulatory agencies during the last week of March 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 …