The Consumer Financial Protection Bureau released a new bulletin last week highlighting complaints the agency has received related to cryptoassets. Consumers most commonly reported being victimized by fraud, theft, account hacks and scams. Consumers also had issues with executing transactions and transferring assets between exchanges, while others had issues accessing account funds due to platform failures, identity verification issues, security …

First rain, now snow. Due to the weather, the OBA Oktoberfest Golf Tournament scheduled for Nov. 14 has been CANCELED. Your registration fees will be refunded. Save the date: Please plan to play in the OBA spring golf tournament on Monday, May 8 at Belmar Golf Club in Norman. This event is held in conjunction with the 2023 OBA Convention.

Election day has finally arrived and the people have spoken. As this issue of Oklahoma Banker goes to press, however, we still don’t know the results of numerous federal elections and who will control the U.S. Senate and the U.S. House. By the time this issue hits your mailboxes, though, you might! We do have all the results of the …

The Federal Open Market Committee announced this month 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 the rate was raised by 75 basis points. FOMC also reiterated it believes ongoing increases will be necessary to help return inflation closer to its …

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 Jr., chairman of the board at Armstrong Bank in Muskogee; Shirley Barber, former president and CEO of Security State Bank in Cheyenne and the first female member of the Oklahoma …

As this issue of Oklahoma Banker goes to press, the Republican Party remained dominant in statewide Oklahoma races. Gov. Kevin Stitt retained his seat as governor, as he defeated Joy Hofmeister, while Markwayne Mullin defeated Kendra Horn for the unfilled term of Sen. Jim Inhofe’s seat. In the other U.S. Senate race, incumbent James Lankford easily defeated Madison Horn. In …

In This Issue… Ag lender survey: Interest rate volatility is top concern in 2023 OBA Golf Tournament rescheduled for Nov. 14, registration back open! OBA holiday signs ready for purchase; welcome new strategic members OBA education corner … Ag lender survey: Interest rate volatility is top concern in 2023 The top concern facing agricultural lenders going into 2023 is interest …

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 …