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OBA News
The Latest
January 2021
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January 29, 2021
SBA issues procedural notice addressing second-draw loans
As the Small Business Administration works to resolve several issues with the Paycheck Protection Program, it issued a procedural notice this week outlining how it will move forward with the processing of second-draw PPP loan applications for borrowers who still have an unresolved issue related to their first-draw loan. “This is a timely issue that was discussed by the OBA’s …
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January 25, 2021
Federal agencies issue FAQs on suspicious activity reporting
The federal banking agencies on Jan. 19 issued a set of frequently asked questions providing clarity about suspicious activity reporting and other anti-money laundering issues. The agencies issued the FAQs at the recommendation of the Bank Secrecy Act Advisory Group, of which ABA is a member. The FAQs clarify existing expectations and do not establish new requirements. The agencies said …
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January 20, 2021
Keep up with latest PPP information!
The OBA is keeping its member banks appraised of all the latest Paycheck Protection Program information. Continue to follow the OBA’s OK Banker Directs and OBA Updates to get the most up-to-date information. You can also look back to archived issues of both these publications in case you missed one, or want to give it another look over! OK Banker …
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January 19, 2021
GSB-Madison offers pair of scholarships for 2021
The Graduate School of Banking at Madison, Wisconsin, is offering a couple of scholarship for the 2021 school year to a pair of its schools. GSB-Madison plans to award both the HR School scholarship and the Graduate Banking School scholarship in the coming months. Here’s additional info: HR Virtual School Scholarship — $700 The school will start April 12 and …
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January 13, 2021
SBA releases technical information for PPP system
The SBA released technical information tonight that lenders will need to access the updated Paycheck Protection Program loan portal system. The portal opens Monday but only for “community financial institutions,” which mean CDFIs, MDIs, certified development companies and microloan intermediaries. The first part released tonight contains information regarding API technical information. The second part is the SBA Paycheck Protection Platform …
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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.