The Federal Open Market Committee today announced it would raise the target range for the federal funds rate to 3.75 to 4% – the sixth rate increase this year and the fourth time the Fed has raised the rate by 75 basis points. FOMC also reiterated that it believes ongoing increases will be necessary to help return inflation closer to …

In This Issue… Oklahoma Bankers Hall of Fame unveils 2022 inductees Bank commercials with college athletes? Why not! OBA education corner … Oklahoma Bankers Hall of Fame unveils 2022 inductees The OBA is proud to announce the group of inductees for the Oklahoma Bankers Hall of Fame, with the ceremony set for Dec. 8 in Oklahoma City. Dr. Sinclair Armstrong …

The Federal Reserve Bank of Kansas City released the third quarter Energy Survey last week, which revealed Tenth District energy activity grew solidly, while expectations for future activity eased somewhat. “Despite the pace of growth slowing slightly, District drilling and business activity remained solid in Q3,” said Chad Wilkerson, Oklahoma City Branch executive and economist. “Firms reported lower growth in …

In This Issue… OBA Golf Tournament reschduled for Nov. 14; registration re-opened! Agencies announce threshold for smaller-loan exemption CFPB issues guidance to address junk data in credit reports OBA education corner … OBA Golf Tournament rescheduled for Nov. 14; registration re-opened! Due to adverse weather conditions, the OBA Oktoberfest Golf Tournament (previously set for Monday, Oct. 24) has been rescheduled …

Mark your calendars now! Join us for the first-ever OBA Election Recap Reception on Wednesday, Nov. 9 in Oklahoma City at The Capitol View Event Center. Catch up with your peers, enjoy a beverage and hear from Adrian Beverage. Less than 24 hours after the polls close, the OBA president and CEO will give his full election results breakdown and …

In This Issue… Energy activity grows, albeit slower, in Fed’s Tenth District OCC releases interest rate statistics report OBA Oktoberfest Golf Tournament tees off next week OBA education corner … Energy activity grows, albeit slower, in Fed’s Tenth District The Federal Reserve Bank of Kansas City released the third quarter Energy Survey last week, which revealed Tenth District energy activity …

Due to adverse weather conditions, the OBA Oktoberfest Golf Tournament (previously set for Oct. 24) has been rescheduled for Monday, Nov. 14.  Show off your golfing skills or simply join your banking peers as a social registrant at the 2022 OBA Oktoberfest Golf Tournament on Nov. 14 at River Oaks Golf Club in Edmond. The tournament fee is $150 and …

In This Issue… Bank economists expect credit conditions to weaken OCC releases bank supervision operation plan OBA Oktoberfest Golf Tournament set for Oct. 24 OBA education corner … Bank economists expect credit conditions to weaken Bank economists expect credit conditions to weaken over the next six months due to mounting economic headwinds, according to the American Bankers Association’s latest Credit …

It’s been almost three years, but it felt great to get the band back together. At the end of September, more than 60 Oklahoma bankers descended on Washington, D.C., for our Annual Washington Visit. It’s been two years since we last took a group to D.C. and I’ll say we definitely made up for lost time. While there were lots …

Nine in 10 Americans with a bank account (86%) say they are “very satisfied” or “satisfied” with their primary bank, and 95% rate their bank’s customer service as “excellent,” “very good” or “good,” according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The survey, unveiled early this month at the start of ABA’s …