CFPB Director Rohit Chopra earlier this week announced an advance notice of proposed rulemaking focusing on credit card late fees. The ANPR reopens a rule that the Federal Reserve Board enacted in 2010 that provides banks with a safe harbor on the amount they can charge when a cardholder pays late and which provided for annual adjustments based on inflation.  …

Sine die: The two greatest words that anyone involved in state politics can hear. This Latin phrase is defined as “indefinitely, or without a future date set.” The Second legislative session of the 58th legislature is officially over with that phrase. It was my 22nd state legislative session and every one one of them is unique in their own special …

The OBA will be taking nominations for 2022 Oklahoma Bankers Hall of Fame inductees through the middle of July. The Hall of Fame was created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the Hall of Fame is intended to recognize bankers’ achievements on …

The OBA’s Annual Washington Visit has been scheduled for Sept. 26-28 and the hotel will be the Waldorf Astoria. Besides all the usual – and incredibly useful – meetings with the movers and shakers on Capitol Hill, we will host an “OBA Sports Night” at Walters Sports Bar on the Monday night of the visit, allowing everyone to decompress, enjoy …

In This Issue… Annual Washington Visit set for Oklahoma bankers Training opportunity for lienholders on Wednesday OBA Emerging Leaders Academy now accepting applications OBA education corner … Annual Washington Visit set for Oklahoma bankers The OBA’s Annual Washington Visit has been scheduled for Sept. 26-28 and the hotel will be the Waldorf Astoria. Besides all the usual – and incredibly …

In This Issue… Training opportunity for lienholders on Wednesday OBA, ABA, other state bankers associations urge House to reject credit union legislation Oklahoma Bankers Hall of Fame taking nominations for 2022 inductees OBA brings back salary compensation survey Allen banker featured in Gaylord College news outlet Office Depot discount program now through ODP Business Solutions OBA education corner … Training …

The OBA will be taking nominations for 2022 Oklahoma Bankers Hall of Fame inductees through the middle of July. The Hall of Fame was created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the Hall of Fame is intended to recognize bankers’ achievements on …

The OBA is partnering with Blanchard Consulting Group to offer the 2022 Salary and Cash Compensation Survey, with specific reporting on Oklahoma banks. This survey focuses on gathering salary and cash compensation (salary plus annual cash incentive/bonus) data for approximately 25 executive positions and over 150 middle management and staff level positions. This data can be used by human resource …

Effective July 1, 2022, Oklahoma will become a title-holding state. The Oklahoma Tax Commission late Tuesday sent us the below “MEMO” with information. PLEASE make sure you read this entire Banker Direct as there is a lot of information to digest. Also, make sure all the appropriate people in your bank receive this email. There are several dates listed below …

Effective July 1, 2022, Oklahoma will become a title-holding state. The Oklahoma Tax Commission late Tuesday sent us the below “MEMO” with information. PLEASE make sure you read this entire Banker Direct as there is a lot of information to digest. Also, make sure all the appropriate people in your bank receive this email. There are several dates listed below …