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OBA News
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November 2025
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November 6, 2025
Nondeductible portion of OBA dues calculated
The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2025. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …
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October 2025
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October 31, 2025
Banking associations oppose bill to set credit card, loan fee caps
A proposed bill to establish a nationwide cap on fees and interest on credit cards and consumer loans would have a devastating effect on access to credit for individuals and small-business owners, the American Bankers Association, Independent Community Bankers of America and six other financial sector associations said in a letter on Monday. The Protecting Consumers from Unreasonable Credit Rates …
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October 22, 2025
Beverage in Tulsa World: Time to rethink credit unions’ tax exemption
OBA President and CEO Adrian Beverage contributed an op/ed article to the Tulsa World over the weekend, where he discussed the outdated model that allows credit union to avoid paying taxes. You can read the article on the Tulsa World’s website, although a subscription is required.
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October 20, 2025
Treasury secretary details policies to boost community bank model
Treasury Secretary Scott Bessent last week shared several steps the Trump administration plans to take to drive a “community bank comeback,” including a renewed push for regulatory tailoring, a review of core platform providers, friendlier capital requirements and revised requirements for bank anti-money laundering/countering the financing of terrorism programs. Bessent, speaking at the Federal Reserve’s Community Bank Conference on Wednesday, …
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October 17, 2025
Fed announces expanded operating days of payment services
The Federal Reserve announced last week that Fedwire Funds Service and National Settlement Service operations will be expanded to include Sundays and weekday holidays. The expansion will be implemented over several years, “no earlier than 2028 to ensure operational and industry readiness.” Both FedWire and NSS currently operate Monday through Friday, excluding holidays. Following the expansion, both services will run …
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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.