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OBA News

The Latest

October 2019

  • October 23, 2019

    House passes AML modernization bill in bipartisan vote

    The House voted late Tuesday 249-173 to pass the Corporate Transparency Act (H.R. 2513). The legislation, sponsored by Rep. Carolyn Maloney (D-N.Y.), would direct the Financial Crimes Enforcement Network to create a national database that banks could use to verify a business’s beneficial ownership information. The bill was amended before passage to include legislation championed by Rep. Emanuel Cleaver (D-Mo.) …

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  • October 21, 2019

    Credit card delinquencies fall as other consumer delinquencies rise

    Consumer credit delinquencies were mixed in the second quarter, with delinquencies falling for bank cards (credit cards provided by banks) and rising for the composite index of closed-end loans, according to results from the ABA’s Consumer Credit Delinquency Bulletin. Overall, delinquencies rose in eight of the 11 categories tracked by ABA while three categories fell. The composite ratio, which tracks …

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  • October 11, 2019

    Reviewing CFPB’s latest supervisory highlights

    The Consumer Financial Protection Bureau recently released its Summer 2019 Supervisory Highlights, which includes key findings from the CFPB’s exams for the most part between December 2018 to March 2019. In each edition, the Bureau chooses the areas where it has seen the most supervisory activity, and for this one, it highlighted auto loan origination, credit card account management, debt …

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  • October 4, 2019

    Agencies finalize rule raising residential real estate appraisal threshold

    On Friday, Sept. 27, federal banking agencies issued a final rule that raises the appraisal threshold for residential real estate transactions to $400,000. The threshold has been at $250,000. The new threshold addresses numerous concerns raised industry stakeholders over the time and cost of appraisals. Under the rule, transactions that qualify for the exemption still need to obtain an evaluation …

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September 2019

  • September 24, 2019

    Kansas City Fed announces results of second quarter small business lending survey

    The Federal Reserve Bank of Kansas City released the results from the Second Quarter 2019 national Small Business Lending Survey this week. The quarterly survey of U.S. banks provides data on lending activity and terms for small businesses, a critical source of employment and economic growth for the country. Complete results of the survey are now available from the Kansas …

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Jeremy Cowen

Jeremy Cowen, Senior Vice President/Communications

Email:      |      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.