Week of March 20

March 21, 2023

In This Issue…

New fraud training video available from OBA
HUD to reinstate 2013 disparate impact rule
Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program
OBA education corner …

New fraud training video available from OBA

The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It is still critically important, however, our banks train for the “when” and not “if” as the safety of all our bankers and customers is a primary goal.

The OBA has created an updated training video via Zoom, which features OBA fraud expert Elaine Dodd to help in that endeavor. It is similar to those provided by us just over a year ago and now includes what we have seen in our state in the recent past. The training is just over a half hour, which allows you to use it in a group and then open a discussion of your bank’s specific procedures or as a stand-alone for your staff. It is also a good tool for on-boarding employees new to banking.

The video link is available for all our member banks by requesting the link from Elaine Dodd at elaine@oba.com.

This is a part of OBA’s effort to help you all to “stay safe out there”!

HUD to reinstate 2013 disparate impact rule

The Department of Housing and Urban Development announced late last week it will re-codify the 2013 disparate impact rule, saying the rule “is more consistent with how the Fair Housing Act has been applied in the courts and in front of the agency for more than 50 years.”

The final rule will go into effect 30 days after publication in the Federal Register.

HUD’s proposal would overturn a 2020 final rule that conformed the 2013 disparate impact rule with the U.S. Supreme Court’s 2015 decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, which recognized disparate impact analysis to demonstrate discrimination claims under the FHA but added key limitations to ensure the burden of proof in disparate impact cases is with the plaintiffs. The 2020 final rule never took effect because a Massachusetts federal district court judge stayed the rule pending consideration of consumer advocates’ challenge to the rule as arbitrary and capricious.

Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program

The 2023 Contact Banker Program is currently underway, but there’s still plenty of days for which to sign up!

Click here to find a sign-up form with the dates for this year’s program. Please select dates that work best for you and return you form to megan@oba.com. Once we have the groups finalized, we will send an email confirmation for your date.

On the date you select, there will be a short briefing before we start walking the halls of the Capitol. Please know, we will stay together as a group the entire morning. We will do our best to have you spend a few minutes with both your state senator and state representative to either start a new relationship or strengthen one already in place. We won’t ask you to discuss current legislation – we want you to just chat with your members about issues facing your community or other pressing matters. Depending on what week you select, we will either sit in on a committee meeting or in the gallery to watch the action on the floor. Once we have finished all of our business at the Capitol, the OBA Government Relations Team will take everyone to lunch to discuss the events of the morning.

Everyone at the Capitol knows bankers are involved in the political process and watching how they vote. All of this success is because of the Contact Banker Program. This program is meant for all employees at the bank. There is no cost to attend other than your time. Please complete this registration form and send it to megan@oba.com.

Questions? Please contact Megan McGuire (megan@oba.com / 405-424-5252).

OBA education corner …

We’re well into the schizophrenic portion of the weather calendar. Take today for instance: It can’t figure out if it wants to be rainy, cold, sunny or nice, so it just picks all four. While trying to decide what to wear each day, take a little time to prepare for upcoming continuing education opportunities available through the OBA:

Active Shooter Prevention & Response, March 28, webinar — Are you prepared for an active shooter event at your bank? Do you and your fellow employees know what to do if it happens? Don’t leave these questions to chance. Attend this webinar to find out what you need to know to prevent and survive an act of violence.
The Perfect Collision: 1071, CRA, Fair Lending, March 29, Oklahoma City — This program explains the intersection and gaps between the regulations and the current proposals. Knowing what is in place and what to expect will aid institutions in understanding the risks to have a plan in place to avoid issues.
Fair Lending for Frontline Staff, March 29, webinar — This session will focus on how your front line can engage customers and sell loans without violating fair lending laws.
Onboarding Your New Hire: Experience or Afterthought?, March 29, webinar — Learn how to excel at new employee onboarding; seeing everything through the lens of the new hire.
Basic Cash Flow Analysis, March 30, webinar — Learn how to calculate cash flow using the Universal Cash Flow Analysis method (UCA), which determines the flow of cash into and out of a business entity.
Consumer Real Estate Loans, April 4, webinar — Don’t let compliance confusion slow you down. Take this opportunity to deepen your knowledge of the current compliance rules and take your loan processing skills to the next level. With easy-to-follow explanations and real-life examples, you’ll be armed with the tools you need to navigate even the most complex loan scenarios with ease.
Bi-Monthly Compliance Briefing – April, April 5, webinar — A bi-monthly update to help you keep up with changes and deadlines in the compliance area in a quick and easy format.
Engage Your Audience With Ease: Basic PowerPoint Tips and Tricks, April 5, webinar — Great slideshows don’t need to take a lot of time and effort! Learn some essential PowerPoint tips and tricks to help you effectively present any type of information to every type of audience with more ease.
Controlling the Risks of Power of Attorney Documents, April 6, webinar — Are you ready to tackle the complexities of power of attorney documents with confidence? This session will equip you with the knowledge and insights you need to navigate even the most challenging situations with ease.
BSA Fundamentals Seminar, April 11-Tulsa; April 12-Oklahoma City — This workshop will provide current, updated tools, techniques and “real world” examples for learning the critical components of a BSA/AML program.
2023 Spring HR Seminar, April 18, Oklahoma City — With new technology, generational changes in leadership, processes to recruit and other HR functions processes becoming more digital, banks must keep up with these changes to be competitive.
2023 Ag Conference, April 20, Oklahoma City — Bankers in agricultural and rural markets should plan to attend this year’s conference.