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S. 366 introduced to TAILOR regulations for traditional community banks

February 15, 2017

Sen. Mike Rounds (R-S.D.) has introduced essentially the same bill he sponsored in the 114th Congress (S. 3153). The new bill, S. 366, would require federal regulatory agencies to take risk profiles and business models of institutions into account when crafting regulations.

Rounds is a member of the Senate Committee on Banking, Housing and Urban Affairs.

“It is the first step in achieving a truly 'bifurcated' regulatory system by which traditional community banks are treated differently than their larger brethren when it comes to applicability of federal banking rules and regulations,” OBA President and CEO Roger Beverage said. 

S. 366 would also require a review of regulations issued in the past seven years and a report on how they might be better tailored. If the review finds regulations issued since 2010 do not conform to the TAILOR Act, the agency would be required to revise those regulations.

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Register for OBA's 2017 Contact Banker Program

We have set the dates for the 2017 Contact Banker Program. Many of you are seasoned veterans of the program and we look forward to seeing you again this upcoming year.

Click here to find a sign-up form that has all the dates listed for this years program. We ask that you look and see what dates work best for you and send it back to me. Once we have the groups finalized, we will send you an email confirmation of your date.


Women In Banking program set for March

Women in senior level or high-potential middle management positions in the banking industry in Oklahoma are invited to attend a forum on March 28 hosted in partnership with the OBA and the Community Bankers Association of Oklahoma. The forum will address topics critical to bankers today and will provide industry and leadership development knowledge that will enhance their careers and networks.

Event topics include:

  • Economic Update by Kansas City Fed President Esther George;
  • Community banking regulations;
  • Cybersecurity;
  • Creating and cultivating diverse networks, teams and boards;
  • Utilizing social media to build brands;
  • Panel discussion with top women leaders in Oklahoma.

Click here to register!

 


OBA Senior Management Conference headed to San Diego

The Oklahoma Bankers Association 2017 Community Bankers Leadership & Senior Management Conference is scheduled for April 2-4 at the Andaz Hotel in San Diego.

This year's conference features an exciting lineup of speakers, including David Kemp, Shawn Dillon, Dr. Marianne Jennings, Trent Fleming and representatives from Crowe & Dunlevy. Topics covered by these speakers include executive/senior management roles in a  changing environment; payment industry security and trends; ethics, culture and headlines: what goes wrong?; management and director liability in a connected world; and a legal update.

You can read more about the sessions by clicking here to download the conference brochure.

 


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