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OBA News
The Latest
August 2025
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August 27, 2025
FinCEN issues red flags list for crypto ATM frauds
The Financial Crimes Enforcement Network issued a notice earlier this month urging financial institutions to be vigilant in identifying and reporting suspicious activity involving convertible virtual currency kiosks, also known as crypto ATMs. According to the notice, the FBI’s Internet Crime Complaint Center received more than 10,956 complaints involving CVC kiosks in 2024, with reported victim losses of approximately $246.7 …
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August 25, 2025
OBA Oktoberfest Golf Tournament scheduled
Show off your golfing skills or simply join your banking peers as a social registrant at the 2025 OBA Oktoberfest Golf Tournament on Oct. 27 at Belmar Golf Club, in Norman. The tournament fee is $175 and the registration deadline is Oct. 20. The tournament will begin with registration and lunch. Immediately following the tournament, we will hold an awards …
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August 15, 2025
ABA task force completes recommendations for deposit insurance reform
Over the past 18 months, following the 2023 failures of Silicon National Bank, and the 2024 closing of First National Bank of Lindsay, here in Oklahoma, the American Bankers Association has gathered the thoughts of its members to create recommendations for deposit insurance reform. The ABA released those recommendations today, alongside a shorter summarized version and a op-ed from ABA …
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August 13, 2025
Trump issues executive order to fix rules contributing to debanking
President Trump issued an executive order on Thursday that directs federal agencies to investigate whether banks and credit unions denied services to customers because of their political beliefs or because they were engaged in certain business activities, such as cryptocurrency. In addition, the order directs agencies to rescind rules and regulations that caused financial institutions to deny services to categories …
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August 8, 2025
State attorneys general urge passage of cannabis banking rule
A bipartisan coalition of 32 state attorneys general, including Oklahoma’s Gentner Drummond, called on federal lawmakers recently 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, the AGs endorsed the Secure and Fair Enforcement Regulation (SAFER) Banking Act, which would allow cannabis businesses …
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Jeremy Cowen, Senior Vice President/Communications
Email: jeremy@oba.com | Phone: Ext. 113
Jeremy has been in charge of the Oklahoma Banker newspaper as well as the OBA website and other member communications since joining the OBA in January 2002. A native of Hartshorne and a 1997 graduate of the University of Oklahoma, he enjoys meeting and talking with the different people he encounters while doing his job. Previously, Jeremy worked as a sports writer in Lawton and, for the four years prior to joining the OBA, Lubbock, Texas, where he decided the town wasn’t big enough for both him and Bobby Knight. When not working, Jeremy loves to hike, read, watch football, baseball and boxing and teach journalism to high school and college students. And, if you ask, there’s a good chance he will regale you with the story about being interviewed on ESPN by Chris Fowler.