Sunday, December 22, 2024

Week of Aug. 23

In This Issue…

FDIC looks for banker input

FDIC Chairman Jelena McWilliams and newly appointed Chief Innovation Officer Sultan Meghji have asked the banking industry for input related to innovation around four general themes.

  1. Inclusiveness — How to increase access to banking services for those who want/need those services.
  2. Resilience — The safety and security of the industry.
  3. Ability to adapt to change.
  4. How to protect the future of America’s competitiveness — Making certain that the environment banks operate in, particularly community banks, supports and encourages innovation.

Specific areas that have been mentioned, but are by no means all-inclusive are: chartering, fintech, regulatory reporting, core providers, examinations, cyber protection, education and workforce development. For additional background. here is a link to the FDIC’s FEDTECH website: https://www.fdic.gov/fditech/index.html#what.

Please share your ideas with us by email by Wednesday, Sept. 1 (adrian@oba.com, megan@oba.com). We will compile the input received into a report to share with FDIC.

Chairman McWilliams and her team have stated they committed to innovation and making fundamental changes, but they need your input in order to know where to focus their attention and prioritize their efforts.

Thank you for your participation in this effort!

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OBA Bankers’ Night Out sponsorships available

Sponsorship for the OBA Bankers’ Night Out programs are currently available.

These events help everyone get up to speed on the most recent developments affecting their job. Your company can get its name in front of hundreds of bankers who represent hundreds of banks throughout the state.

Click here to learn more about our sponsorships, or contact Thi Pham at the OBA for more information.

This year’s events are scheduled as followed:

  • Ardmore, Sept. 16.
  • Krebs, Sept. 23.
  • Tulsa, Oct. 12.
  • Oklahoma City, Oct. 26.
  • Woodward, Nov. 2.
  • Lawton, Nov. 4.

Please note: We will monitor the state’s COVID climate and send any necessary updates before each event.

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OBA education corner …

Schools are starting and football is around the corner so it feels summer is nearing an end. Many things are on the horizon! Take note of the following:

NOTE: Effective March 16, 2020, and until further notice, TTS (our webinar provider) has extended the OnDemand access period for all ‘Live Plus Five (Days)’ registrants to 60 days (versus five business days). Also, they are waiving the $75 per location fee for additional locations.

  • 10 Practices To Create and Present Engaging Training, Aug. 31, webinar — Five of our best practices will enhance your technical skills. These techniques can be applied to webinars, e-courses, or classroom training and are easy to implement in both new and existing training programs.
  • 10 Practices To Create and Present Engaging Training, Aug. 31, webinar — Five of our best practices will enhance your technical skills. These techniques can be applied to webinars, e-courses, or classroom training and are easy to implement in both new and existing training programs.
  • Best-Ever Compliance Checklists for Commercial Loans, Sept. 7, webinar — In addition to addressing compliance issues, this checklist (and the accompanying information) will provide “best practice” suggestions and reminders that commonly apply to commercial loans. We’ll include information on business-entity documentation, underwriting documents, guarantors and security interests.
  • Best Practices in Processing Subpoenas, Garnishments and IRS Tax Levies, Sept. 8, webinar — This webinar will provide attendees with the best practices and red flags for dealing with the various legal documents served upon financial institutions. This webinar does NOT discuss the procedures mandated by particular state laws.
  • Loan Documentation 101: Two-Part Series, Basic Secured Loan Doc-Sept. 8; Lien Perfection Business Collateral-Sept. 9 — Learn about loan documentation principles and specific classifications of collateral and language description requirements for UCC-1s and security agreements in this two-part webinar.
  • Quarterly Compliance Briefing: Fall 2021, Sept. 9, webinar — Keeping up with changes and deadlines in the compliance area gets more complex every year. Now, we can assist you with that task.
  • Real Estate Lending Compliance Seminar, Sept. 14-15, Oklahoma City — This two-day program provides an overview of the real estate lending requirements from ten regulations, along with comprehensive coverage of selected topics, policy suggestions, employee training tips, audit techniques and steps to eliminate past problems.
  • Cybersecurity Seminar, Sept. 21, Oklahoma City — This seminar is designed to provide training on evolving cybersecurity threats and what your bank should do to build a strong Information Security Program that helps protect against these threats.
  • 2021 OBA Consumer Lending School, Oct. 4-8, Oklahoma City — This program exposes students to major issues consumer credit managers face. It provides a framework for examining a bank’s consumer credit programs, policies and procedures.
  • 2021 Supervisor Bootcamp Seminar, Sept. 8-Tulsa; Sept. 9-Oklahoma City — This supervisor training will help take your expertise to a new level as you learn how to collaborate and coach your employees to excel on the job.

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