Oklahoma Bankers Association We make bankers better!
In This Issue…
- From Adrian’s desk …
- OBA searching for general counsel
- Senior Management Conference slated for Vegas in early April
- OBA Bankers’ Night Programs ready for spring
- Welcome, new strategic members
- OBA education corner …
From Adrian’s desk …
By Adrian Beverage
OBA President & CEO
Just some random tidbits that might be of interest to our bankers this week!
• • •
The first deadline during the state legislative session was this past weekend and it shows as our tracking list of bills was significantly whittled down. As you can see, however, there’s still a plethora of legislation out there to keep an eye on and we’ll remain diligent for the banking industry.
• • •
The House Republican Caucus designated Rep. Kyle Hilbert as the next speaker of the House. Hilbert, 29, who hails from Bristow, will be the youngest speaker of the House in Oklahoma history when he takes the reins after the House’s formal vote in November.
Hilbert will join fellow Republican Greg McCortney, who will take over as Senate president pro tempore next session, as the new leaders of the Oklahoma legislature.
• • •
Things rarely go according to plan, ESPECIALLY when dealing with Nebraska Cornhuskers basketball. The ‘Huskers fell to coach-less Ohio State on Thursday to begin three game stretch that I mentioned last week I’d sure like to see them sweep. They did manage to topple Rutgers on Sunday and visit a swooning Michigan team this coming weekend, so maybe Meat Loaf was correct in saying two out of three ain’t bad.
OBA searching for general counsel
The OBA is seeking to fill the position of general counsel.
The general counsel will work with the government relations team to evaluate current and proposed legislation. Additionally, the position will provide assistance to members, as well as serving as a speaker at Association events, on topics related to compliance and banking. He/she will assist with development of products and services of benefit to the membership as well as articles for Association publications.
Interested individuals should submit their resume and compensation requirements to Adrian Beverage, president and CEO, via email (adrian@oba.com).
Senior Management Conference slated for Vegas in early April
The Oklahoma Bankers Association 2024 Senior Management Conference is scheduled for April 7-9 at the Waldorf Astoria in Las Vegas.
One of the key benefits in the conference will be talking with your peers. Attendees at the OBA 2024 Senior Management Conference will be surrounded by those with similar titles, similar workloads, similar problems and likely solutions to issues that can be just as similar. If you have any questions or want to get signed up, contact the OBA’s education department at 405-424-5252
OBA Bankers’ Night Out programs ready for spring
The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition to state and federal legislative updates, the program will include a discussion on the recent developments in your industry.
As in the past, the schedule for each of these meetings is:
5:30 p.m. – Drinks
6:15 p.m. – Program
7 p.m. – Dinner
PRE-REGISTRATION IS REQUIRED. The cost is $50 per person. Click here for a registration form or register online using the links below.
Locations and dates for this year’s events are:
Click here to access sponsorship information. Please contact Thi Pham (thi@oba.com) for sponsorship questions.
Welcome, new strategic members
The OBA extends a welcome to our newest strategic members:
Ambler Architects
Ambler Architects is a full-service architecture and interior Design company serving clients in many industries across the country since 1956. The team specializes in cost-conscious creative solutions that meet our client’s needs. Ambler has completed hundreds of thousands of square feet of banking and bank-related projects. It can help you with any issue at your facility, whether it be minor updates and issues or new construction.
Contact: Donna Keffer
510 S. Dewey Ave.
Bartlesville, OK 74003
Phone: (918) 409-7006
Email: djk@amblerarchitects.com
Website: www.amblerarchitects.com
Forward in Technology, Inc.
Forward in Technology (FIT) is a managed service provider specializing in IT solutions tailored to the banking sector. We provide comprehensive technology services, including cybersecurity, cloud management and IT infrastructure support, specifically designed to meet the unique needs of banks. Our expertise lies in enhancing operational efficiency, ensuring regulatory compliance and strengthening cybersecurity postures for banks, thereby supporting them in delivering secure and reliable banking services to their customers.
Contact: Andrew Johansen
9020 N May Ave. Suite 200
Oklahoma City, OK 73120
Phone: (405) 810-2197
Email: ajohansen@forwardintech.com
Website: www.forwardintech.com
NextBranch
NextBranch is a leading provider of ATM and branch transformation technologies and services for financial institutions. Solutions include full ATM and ITM outsourcing, core-integrated ITMs with an expanded self-service transaction set, video banking solutions and teller cash recyclers. NextBranch is part of the Grant Victor family of companies. Founded in 2000, Grant Victor is the largest distributor of Hyosung equipment in the United States and wholly owns four strategic business units specializing in outsourced ATM management solutions, wholesale distribution of financial and retail ATM equipment, ATM parts and supplies, ATM component repair and transaction processing solutions.
Contact: Ginger Dearing
498 Kays Drive, Suite #100
Kaysville, UT 84037
Phone: (817) 312-3514
Email: ginger.dearing@nextbranch.com
Website: www.nextbranch.com
Strunk, LLC
Strunk’s newest loan and deposit pricing solution will help your bank win more deals while meeting your target profitability goals. On average, a bank will see its net interest margin increase by 25-50 bp. Strunk has been providing income strategies to community banks since 1993. Our Overdraft Privilege program is being used by over 1,800 banks across the country, including over 130 banks in Kansas. Strunk’s Value Checking has become a popular strategy to increase fee income by giving consumers valuable services for a small fee. Strunk’s Risk Management Solution substantially reduces the time to do risk assessments. It is an affordable comprehensive risk management tool that exceeds regulatory requirements.
Contact: Mike Sobba
201 Main, Suite 7
Parkville, MO 64152
Phone: (816) 225-8793
Email: msobba@strunklp.com
Website: www.strunkaccess.com
TEDC Creative Capital
TEDC Creative Capital provides progressive lending to promising businesses in Oklahoma as a U.S. Treasury-certified Community Development Financial Institution, the OCAST/SSBCI Oklahoma Business Lending Partnership manager, an SBA Certified Development Company offering 504 loans, an SBA Micro Enterprise Lender, an SBA Community Advantage Lender and manager of the City of Tulsa’s CDBG Revolving Loan Fund, among others. Working with traditional financial institutions and all levels of government, TEDC has served Oklahoma businesses for over 40 years by helping our partners mitigate commercial lending risk.
Contact: Rose Washington-Jones
125 West 3rd Street
Tulsa, OK 74103
Phone: (918) 585-8332
Email: rose@tedcnet.com
Website: https://tedcnet.com
OBA education corner …
It’s March, which means it’s officially spring! Well, at least “meteorological spring.” We find it too confusing to figure out the exact dates when the seasons start, so we follow the meteorological seasons! So March = spring! Easy enough! While deciphering all that, take a little the time to check out our upcoming continuing education opportunities!
- Avoiding Check Fraud Liability: From Prevention to Loss Allocation, March 13, webinar — This webinar provides attendees with tips to avoid check fraud losses, as well as an overview of the laws that apply to loss allocation when check fraud occurs.
- IRA Death Distributions to Beneficiaries – Options and IRS Reporting, March 13, webinar — Over the years, the IRS has changed the methods of payments to beneficiaries many times – but nothing like the mess they have created in the last three years.
- Adding the WOW Factor to Credit Analysis, March 14, webinar — Join this webinar to learn to use ratio analysis to take your analysis process for lending to the next level.
- Most Common TRID Issues, March 19, webinar — Compliance with the TILA-RESPA Integrated Disclosures (TRID) rule is frustrating and elusive for many of us.
- Fraudulent Cashier’s Checks – Best Practices for Avoiding Losses, March 20, webinar — Learn about the unique risk cashier’s checks pose to banks and the best practices for limiting losses when processing these transactions.
- Excelling in Your Role of the Bank Board Secretary, March 21, webinar — The board secretary’s role goes far beyond “notetaker” at board meetings to being the chief organizer, ensuring compliance requirements are met, understanding governance issues, planning meetings, developing reports and preserving corporate records.
- Tax Returns and Personal Financial Statements, March 22, webinar — Learn the basics of evaluating tax returns and personal financial statements in this 90-minute webinar.
- Opening Business Accounts, March 26-Oklahoma City, March 27-Tulsa — In this evening seminar, participants gain confidence and a clear understanding of the regulatory, compliance, documentation and state law requirements for opening business accounts.