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OBA News
The Latest
September 2025
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September 24, 2025
What you should know about credit unions
Did you know the average federal income tax paid by an Oklahoma resident was $10,589 last year? Did you know the TOTAL income taxes paid by credit unions was $0? As a banker, you probably did, but do your customers know? In a time when the federal deficit is regularly at the forefront of the news, maybe they should know …
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September 22, 2025
FinCEN releases guidance on foreign information sharing
The Financial Crimes Enforcement Network and U.S. banking agencies released guidance on Monday for financial institutions on how to share financial information with their counterparts in other countries without running afoul of the Bank Secrecy Act. The guidance is meant to encourage “appropriate, voluntary cross-border sharing of information” between financial institutions to help combat money laundering, terrorist financing and other …
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September 17, 2025
Talk to your customers about credit unions
Did you know the average federal income tax paid by an Oklahoma resident was $10,589 last year? Did you know the TOTAL income taxes paid by credit unions was $0? As a banker, you probably did, but do your customers know? In a time when the federal deficit is regularly at the forefront of the news, maybe they should know …
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September 12, 2025
OCC issues information on ‘debanking’
The Office of the Comptroller of the Currency issued two bulletins on Monday for financial institutions “to eliminate politicized or unlawful debanking in the federal banking system.” The first bulletin seeks to remind banks of their legal obligations to protect their customers’ financial records, “even if that information is requested by government agencies,” according to the OCC. The second bulletin …
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September 8, 2025
Disparate impact removed from FDIC exam manual
The FDIC announced late last week it had removed all references to disparate impact from its Consumer Compliance Examination Manual. Instead, the agency said it will evaluate potential discrimination under the Equal Credit Opportunity Act and Fair Housing Act “only through evidence of disparate treatment.” President Trump issued an executive order in April to eliminate enforcement of disparate-impact liability, which …
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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.