Saturday, December 21, 2024

Jeremy Cowen

Week of July 24

In This Issue… Oklahoma attorney general opposes FDIC’s proposed special assessment ACH network same-day payments grown in 2023 Oklahoma Bankers Hall of Fame accepting nominations for 2023 2024 Oklahoma Views & Vistas Calendar available for early-bird orders OBA education corner … Oklahoma attorney general opposes FDIC’s proposed special assessment Oklahoma Attorney General Gentner Drummond is leading a coalition of nine …

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Oklahoma Bankers Hall of Fame accepting nominations for 2023

The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2023 class; additionally, the process of selecting inductees has been updated. First, for those interested in nominating a banker, here are some downloadable forms linked below – please return all nominations to Adrian Beverage (adrian@oba.com): Nominating instructions. Nomination form. Second, as mentioned, there is a new process …

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Executive News: FDIC guidance caused heartburn for community banks

Summer is officially here and the temperature outside is heating up. The same can be said for what’s happening in Washington, D.C., but for now, all the heat is coming from the regulatory side and some action in congressional hearings. In August, you might recall th e FDIC issued a Supervisory Guidance on Multiple Re-Present NSF Fees. The initial guidance …

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CFPB publishes FAQ on Section 1071 compliance

The Consumer Financial Protection Bureau has published on its website a list of frequently asked questions about compliance with its recently finalized Section 1071 small business lending rule. The document covers topics such as which institutions are covered by the rule and what transactions they must count when determining whether they satisfy the origination threshold.

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‘Durbin 2.0’ rears head again within Congress

The Credit Card Competition Act has returned to Congress. This same legislation was introduced late last year and the supporters of this measure tried feverishly to get it passed in the last couple of days during the 117th Congress. We greatly appreciate all the members who stood strong for community banks and opposed this measure at every turn. We have …

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Week of July 10

In This Issue… Oklahoma Bankers Hall of Fame accepting nominations for 2023; election procedure update CFPB publishes FAQ on Section 1071 compliance OBA Emerging Leaders Academy accepting applications OBA education corner … Oklahoma Bankers Hall of Fame accepting nominations for 2023; election procedure update The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2023 class; additionally, …

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OHFA seeks public input on Oklahoma Housing Stability Program

The Oklahoma Housing Stability Program was created by the Oklahoma legislature earlier this year.  The purpose of the program is to increase the number of single-family residences available for purchase across the State of Oklahoma for families with incomes up to $120% of the AMI, provide gap financing to aid and incentivize the production of rental housing across the state …

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OBA Emerging Leaders Academy accepting applications

Take note the OBA 2023-24 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new heights with powerful speakers offering information leaders need for effectively maneuvering in today’s business climate. Each session helps participants become true leaders by understanding those around you …

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Week of June 26

In This Issue… Agencies release list of distressed, underserved non-metropolitan middle-income geographies ABA seeks nominations for 2023 Emerging Leaders Awards 2023 OBA Directory of Banks available for purchase OBA education corner … Agencies release list of distressed, underserved non-metropolitan middle-income geographies Federal bank regulatory agencies last week made available the 2023 list of distressed or underserved non-metropolitan middle-income geographies, which …

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Week of June 19

In This Issue… CFPB looks to simplify mortgage servicing rules OBA Emerging Leaders Academy accepting applications OBA education corner … CFPB looks to simplify mortgage servicing rules Consumer Financial Protection Bureau Director Rohit Chopra said last week the agency will soon propose ways to simplify and streamline mortgage servicing rules, pointing to temporary changes that sought to protect borrowers during …

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