Saturday, January 22, 2022

OBA News

The Latest

August 2021

  • August 27, 2021

    Survey Reveals Changes in Sales, Revenue, Capital Spending

    According to the Federal Reserve Bank of Kansas City, the results of the Services Survey reflect changes in a variety of activity indicators, including sales, revenue, employment, and capital spending, as well as changes in input material and selling prices. Longer-term trends can be traced using the accumulated data. To read this article in its entirety from the Federal Reserve …

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  • August 20, 2021

    Sudden Decrease in Satisfied Credit Card Users

    Client satisfaction with credit card issuers fell this year as issuers attempted to accommodate customers’ demands amid ongoing economic uncertainty, according to the J.D. Power 2021 Credit Card Satisfaction Study. Satisfaction with national issuers has dropped considerably, down from 811 to 805 on a scale of 1,000.  As a result, credit card issuers are searching for the causes of this …

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  • August 13, 2021

    Results compiled from OBA vaccine survey

    The OBA sent out last week a short survey about the COVID vaccine and whether our member banks have, or plan to have, a mandate for their employees. We wanted to share the results of the non-scientific survey with our members. Here are the results: (answers | percentage of total answers) Q1: Does your bank have a COVID vaccine mandate …

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  • August 4, 2021

    OCC gives additional exam procedures for remittance transfers

    The Office of the Comptroller of the Currency issued on Monday supplemental examination procedures on remittance transfers covered by Regulation E. The supplemental procedures align the OCC’s supervisory approach with amendments to Reg E by the Consumer Financial Protection Bureau that took effect July 21, 2020. The Reg E amendments permanently allow depository institutions to estimate certain fees and exchange …

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July 2021

  • July 28, 2021

    SBA allows direct PPP forgiveness, bypassing banks

    Politico reported today the SBA plans to outline a new initiative aimed at encouraging borrowers with loans of $150,000 or less — accounting for more than 90 percent of the pandemic-era program — to apply for loan forgiveness. According to the report, the SBA will notify banks that the agency is setting up its own online, consumer-facing forgiveness platform. Rather …

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Jeremy Cowen

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.