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December 2024
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December 16, 2024
State banking board approves reduction in 2025 assessments
At its meeting in November, the Oklahoma State Banking Board approved the State Banking Commissioner Mick Thompson’s recommendation to reduce assessments paid by Oklahoma state-chartered banks. After setting assessments at the rate first established in 2004, the board then approved a discount of 70% for banks with assets less than $1 billion and 25% for banks with assets exceeding $1 …
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December 13, 2024
FDIC issues additional info on revised signage regulations
The FDIC announced today that it has updated its questions and answers related to the final rule on the use of the agency’s name and logo by financial institutions. The new Q&As cover key implementation topics such as the use of the digital sign and placement of the official sign in bank branches, the agency said in a financial institution …
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December 5, 2024
Four bankers make up 2024 class for Oklahoma Bankers Hall of Fame
The Oklahoma Bankers Hall of Fame inducted its 2024 class – its sixth – today at the Oklahoma History Center in Oklahoma City. The late Guy Berry III, with American Heritage Bank, in Sapulpa; Herschel Brewster, with Blue Sky Bank, in Weatherford; Brad Krieger, with Arvest Bank; and Gregg Vandaveer, with Sooner State Bank, Tuttle; make up the 2024 group. …
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November 2024
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November 22, 2024
Treasurer’s office relaunches AGLink program
The Office of the Oklahoma State Treasurer announced the relaunch of the Agricultural Linked Deposit Program, an initiative designed to support Oklahoma’s farmers, ranchers and agricultural businesses. The program, which launched on Nov. 1, will provide financial assistance to at-risk farms and alternative agricultural ventures. Through the Agricultural Linked Deposit Program, eligible agricultural businesses can access lower-interest loans to sustain …
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November 20, 2024
Treasury Check Verification System gains new validation capability
The Treasury Department’s Bureau of the Fiscal Service implemented a new payee name validation capability within its Treasury Check Verification System application programming interface on Monday, according to a notice from the bureau. The change comes roughly a year after regulators tightened liability standards for Treasury check returns. TCVS is a tool that assists financial institutions with Treasury check verification. …
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Jeremy Cowen, Senior Vice President/Communications
Email: jeremy@oba.com | Phone: Ext. 113
Jeremy has been in charge of the Oklahoma Banker newspaper as well as the OBA website and other member communications since joining the OBA in January 2002. A native of Hartshorne and a 1997 graduate of the University of Oklahoma, he enjoys meeting and talking with the different people he encounters while doing his job. Previously, Jeremy worked as a sports writer in Lawton and, for the four years prior to joining the OBA, Lubbock, Texas, where he decided the town wasn’t big enough for both him and Bobby Knight. When not working, Jeremy loves to hike, read, watch football, baseball and boxing and teach journalism to high school and college students. And, if you ask, there’s a good chance he will regale you with the story about being interviewed on ESPN by Chris Fowler.