Saturday, July 27, 2024

Jeremy Cowen

Week of Oct. 9

In This Issue… From Adrian’s desk … Organizations urge Congress to extend New Markets Tax Credit Check out ABA’s Check Fraud Claim Directory OBA schedules Oktoberfest Golf Tournament 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 Oct. 2

In This Issue… From Adrian’s desk … Results compiled from OBA’s recent FedNow survey Fed vice chair: Rates might be held restrictive for foreseeable future Bank Performance Report, pre-orders for 2024 holiday signs now available OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to …

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Week of Sept. 25

In This Issue… From Adrian’s desk … ABA, business groups seek extension on comments for proposed overtime rule OBA joins other banking associations urging rejection of credit card routing mandates Deluxe offers free check security seminar OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest …

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Executive News: Budget battles claim focus on Capitol Hill

We have officially entered the best time of year. Fall will eventually bring us cooler weather, but it’s the fact college football has arrived. With the start of September, every college fan base has aspirations of a great season and hope this will be their year. Well, I wish you all the best of luck because my season has already …

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OBA, other associations, urge delay of Sec. 107

The Consumer Financial Protection Bureau should extend a court-ordered stay of its Section 1071 final rule to cover all FDIC-insured banks while the U.S. Supreme Court considers a separate legal challenge concerning the bureau, the OBA and 49 other state bankers associations said in a August letter to CFPB Director Rohit Chopra. A federal judge in Texas in late July …

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CFPB sets annual Truth in Lending threshold adjustments

The Consumer Financial Protection Bureau has announced the 2024 dollar amounts for the annual threshold adjustments for Regulation Z, which implements the Truth in Lending Act. For open-end consumer credit plans under TILA, the threshold that triggers requirements to disclose minimum interest charges will remain unchanged at $1 in 2024. For Home Ownership and Equity Protection Act loans, the adjusted …

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Week of Sept. 18

In This Issue… From Adrian’s desk … CFPB sets annual Truth in Lending adjustments Treasury Department sets net-zero principles for banks 2024 Oklahoma Views & Vistas Calendar order deadline today 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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Injunction granted against CFPB on Sec. 1071

The U.S. District Court for the Eastern District of Kentucky granted a motion for injunction against the Consumer Financial Protection Bureau on Thursday evening, stopping the CFPB from enforcing its small business data collection rule (Sec. 1071). The Order from the Court reads, “The Consumer Financial Protection Bureau is ENJOINED from enforcing the Small Business Lending Rule until the Supreme …

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Bank Performance Report now available through OBA

The OBA has entered a co-branding agreement with Kentucky Bankers Association for a quarterly banking publication called Bank Performance Report. BPR currently has 350 bank subscribers from across the country. This report is in electronic and/or printed format utilizing data from the quarterly FFIEC Call Reports, from which the BPR ranks overall performance of each bank headquartered in that state. …

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