We wanted to pass along another warning to our banks about how ATM jackpotting continues to be a problem in our area of the country and remains a serious threat. Jackpotting is gaining traction as ATMs in Van Buren, Arkansas, and Alma, Arkansas, were hit on Saturday These attacks allow the suspect to dispense cash from the ATM, without using …
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OBA dues invoices to be sent
Just a quick little message to let our members know invoices for our annual dues will be sent out at the beginning of November. Each bank CEO, as well as the bank’s cashier, will receive a copy of the invoice. If you have any questions, don’t hesitate to drop us a line!
Read More »Week of Oct. 28
In This Issue… From Adrian’s desk … Jackpotting problem continues OBA dues invoices to be sent later this week Deposits at all institutions should be treated equally Holiday closing signs available for banks OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of …
Read More »OBA, other state bankers associations ask for FCC action on illegal texts
The OBA, alongside 51 of its fellow state bankers associations last week, urged the Federal Communications Commission to issue new rules to help stem the flow of illegal texts and calls to consumers. The rules had been scheduled to be considered during the FCC’s meeting on Sept. 26 but were removed from the agenda two days before the meeting. The …
Read More »Deposits at all institutions should be treated equally
The recent failure of First National Bank, in Lindsay, while tragic, brought an important issue to the forefront of our industry, particularly here in Oklahoma. With previous bank failures in recent years, all depositors were eventually made whole – which also included those over the current $250,000 FDIC limit. With the failure of the Lindsay bank, however, the FDIC has …
Read More »CFPB finalizes Section 1033 rule
The Consumer Financial Protection Bureau today issued its Section 1033 final rule, which deals with personal financial data rights. The rule will require financial institutions, credit card issuers and other financial providers to unlock an individual’s personal financial data and transfer it to another provider at the consumer’s request for free. The CFPB believes it will allow consumers to more …
Read More »Week of Oct. 21
In This Issue… From Adrian’s desk … CFPB finalizes Section 1033 rule OBA, other state bankers associations ask for FCC action on illegal texts FDIC issues press release on The First National Bank of Lindsay OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to …
Read More »Executive News: Politics, fraud remain hot topics for bankers
We are less than a month away from Election Day and it’s getting exciting – there are so many races at the federal level that will determine control of D.C., and that doesn’t even include the presidential election. One would th Adrian Beverage, OBA President and CEOink my entire article one month out would be nothing but election information. Sorry …
Read More »Oklahoma Bankers Hall of Fame picks inductees
The Oklahoma Bankers Hall of Fame today announced the four bankers who will be inducted into its 2024 class later this year. Guy Berry III, Herschel Brewster, Brad Krieger and Gregg Vandaveer will make up the 2024 class. The inductees were selected by a panel of bankers from across the state, and were voted on late last week. The induction …
Read More »Leading the Wade
Led by OBA Chair Alicia Wade, this year’s OBA Annual Washington, D.C., Visit was another resounding success. The Oklahoma contingent was – AGAIN – the largest group from any state to descend upon our nation’s capital. By Megan McGuire Vice President/Member & Government Relations Book a flight … secure a hotel room … adjust family schedule … prepare to be …
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