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December 2025
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December 12, 2025
State Banking Board reduces assessment; OCC’s holds steady
State Bank Commissioner Mick Thompson announced last week the Oklahoma State Banking Board approved the largest reduction ever to assessments paid by Oklahoma state-chartered banks. For 2026, the standard assessment rate will be discounted by 75% for each bank with assets totaling less than $1 billion, by 40% for each bank with assets at least $1 billion but less than …
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December 4, 2025
Four bankers make up 2025 class for Oklahoma Bankers Hall of Fame
The Oklahoma Bankers Hall of Fame inducted its 2025 class – its seventh – today at the Oklahoma History Center in Oklahoma City. R.S. “Brud” Baker, with Stride Bank, in Enid; Sandra “Sandy” Bracken, most recently with First Liberty Bank, in Oklahoma City; the late Gary Huckabay, most recently with All America Bank, in Mustang; and Lee Symcox, with First …
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December 3, 2025
OCC lessens BSA rules for community banks
The Office of the Comptroller of the Currency announced Monday it is ending Money Laundering Risk System data collection, easing Bank Secrecy Act examination procedures for community banks, and is seeking public feedback on core providers and other third-party service providers – all as part of an effort to support smaller institutions. The OCC defines community banks as institutions with …
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November 2025
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November 19, 2025
CFPB proposes new Sec. 1071 rule
The Consumer Financial Protection Bureau proposed a new Sec. 1071 rule last week to replace a Biden-era final rule that led to some association’s challenging it as regulatory over-reach. Issuance of the new proposed rule is a major victory for community banks and small businesses that would have been subjected to compliance with an 888-page rule and its collection of …
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November 12, 2025
Fed to reduce bank supervision staff in 2026
The Federal Reserve will trim its bank supervision staff by 30% by the end of next year, the Wall Street Journal reported last week. (subscription required) The newspaper cited an internal memo outlining the cuts, which are being overseen by Fed Vice Chair for Supervision Michelle Bowman. The reductions will leave the Fed’s supervision and regulation division with about 350 …
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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.