Saturday, August 31, 2024

Jeremy Cowen

Week of Dec. 18

In This Issue… From Adrian’s desk … Happy holidays from us! CFPB announces threshold adjustments for Reg. C, Reg. Z Join us for Elaine Dodd’s retirement party! OBA TikTok Time … 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! …

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Four bankers make up 2023 class for Oklahoma Bankers Hall of Fame

The Oklahoma Bankers Hall of Fame inducted its 2023 class – its fifth – today at the Oklahoma History Center in Oklahoma City. Nevyle Cable, with First National Bank & Trust Co., Okmulgee; Jim Hamby, with Vision Bank, in Ada; the late Harry Leonard, a longtime banker and former state banking commissioner; and Ted McGuire, with RCB Bank, in Claremore; …

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Week of Dec. 11

In This Issue… From Adrian’s desk … OCC to Congress: Banking system remains sound 2024 holiday closing signs available from OBA OBA TikTok Time … 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! •        •    …

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Week of Dec. 4

In This Issue… From Adrian’s desk … FDIC releases cybersecurity videos for banks Oklahoma Bankers Hall of Fame fifth class set for induction – only few seats left! 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! •     …

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Nondeductible portion of OBA dues calculated

The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2023. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …

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Week of Nov. 27

In This Issue… From Adrian’s desk … FinCEN raises alert on COVID-19 tax credit fraud schemes Oklahoma Bankers Hall of Fame fifth class set for induction – still seats available for ceremony! OBA Intern Program ready for 2024 OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …

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Executive News: Conference highlights local importance of agriculture

I’m throwing everyone a bit of a change-up this month as I’ve elected to cede my column space to our OBA chair, Bryan Cain. Bryan attended the American Bankers Association Agricultural Bankers Conference, which was held here in Oklahoma in the early part of November. I, myself, gave some quick opening remarks on behalf of our state hosting, but then …

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Section 1071 injunction extended to all banks

A U.S. District Court judge on Oct. 26 broadened a partial injunction, originally issued to the Texas Bankers Association, the American Bankers Association and a Texas-based bank, to now include all banks nationwide subject to the Section 1071 Final Rule. Judge Randy Crane barred the Consumer Financial Protection Bureau from implementing and enforcing the Sec. 1071 Final Rule against all …

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New real estate laws initiate in November

New real estate ownership laws in Oklahoma went into effect on Nov. 1, specifically concerning alien ownership of Oklahoma real estate. Title 60 O.S. § 121 – Alien ownership of Oklahoma real estate is posted below, with the highlighted section being the part activated at the beginning of this month. No alien or any person who is not a citizen …

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State Banking Board approves 60% reduction in 2024 assessments

The Oklahoma State Banking Board voted unanimously at its November meeting to reduce the assessments paid by Oklahoma state-chartered banks. The 2024 assessment rate was discounted 60% for each bank with assets less than $1 billion and 15% for each bank with assets more than $1 billion. During the meeting held Nov. 15, State Banking Commissioner Mick Thompson discussed increased …

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