Oklahoma banking industry issues

An in-depth look at some of the issues affecting the banking industry ... and you.

Summary of Conference Report on H.R. 4173
The following outline provides a brief description of most of the key points in the Conference Report on H.R. 4173, the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Consumer Financial Protection Agency
The Obama Administration wants to create a giant new Consumer Financial Protection Agency to “protect” you from bad lenders. Oklahoma bankers believe “protecting consumers” is a great idea. In fact, it's something our state's traditional community banks have been doing for more than 30 years!
Credit Union Competition
The "new-breed" of monolithic credit union conglomerates use the millions they save in taxes each year not to benefit their customers, but as a way to fund their own aggressive expansion and growth on a tax-free basis.
Credit Union Competition - OBA Position
A summary of the OBA's position on large, bank-like credit unions.
FDIC DIF Assessment Calculators
Calculators provided by the FDIC that illustrate deposit insurance assessment rates.
Identity Theft
An estimated 500,000 cases of identity theft occur each year resulting in hundreds of millions of dollars in losses. Although consumers usually suffer little, if any, direct monetary loss, they often face the agonizing task of cleaning up their credit record and restoring their reputation. So be prepared and GUARD YOUR GOOD NAME!
Predatory Lending
Abusive or "predatory" lenders target people who are strapped for cash - often preying on the elderly and people in lower-income groups. You need to know a "good" loan from a bad one. Otherwise, you could end up paying too much, hurting your credit rating - and even losing your home.
Privacy
As banks use new technologies to make their products and services more convenient than ever, they remain committed to keeping their policies and practices in sync with their customers' privacy expectations. Consumers play an important role in protecting their information. Here's what you can do to help.
Robberies
The number of bank robberies in Oklahoma has grown tremendously in the past few years. Oklahoma banks are working together to fight this battle to protect the safety of bankers and their customers.
Timeline of financial events: 2008-2009
A lot happened during the financial crisis that started in 2008. The following is a timeline of events from 2008-2009.