The FDIC released a request for information last week, as it seeks input on bank merger transactions, particularly wanting comments regarding the application of the laws, practices, rules, regulations, guidance and statements of policy that apply to merger transactions involving one or more insured depository institutions, including the merger between an insured depository institution and a non-insured institution. The FDIC stated …

In This Issue… OBA-led garnishments bill passes state senate committee FDIC seeks information on bank mergers Interested in leading our Emerging Leaders? Deadline to apply is this week! Bankers’ Night Out program start this week in Lawton, Krebs OBA education corner … OBA-led garnishments bill passes state senate committee The OBA-sponsored garnishments bill, HB 3541, passed out of the Oklahoma …

The OBA is looking for bankers interested in serving as chairperson of the OBA Emerging Leaders Division. Any OBA Emerging Leaders who are currently enrolled in the OBA Emerging Leaders Academy or have previously graduated from an OBA Emerging Leaders Academy or OBA Leadership Academy are eligible for the position. The Emerging Leaders chair will serve a two-year term and …

The OBA is proud to promote the recognition of bankers who have devoted 50 or more years of service to the banking industry. All eligible nominees will be honored at the 2022 OBA Convention on May 18-20 at the Omni in Oklahoma City. Click here to download a nomination form. If you have any questions, please contact Janis Reeser at 405-424-5252 …

In This Issue… Bloom Raskin withdraws from Fed candidacy News article discusses state baill that scrutinize banks over treatment of firearm industry Bankers’ Night Out program start this week in Enid OBA education corner … Bloom Raskin withdraws from Fed candidacy Sarah Bloom Raskin, President Joe Biden’s nominee for vice chair for supervision for the Federal Reserve, withdrew her candidacy …

On Friday, Feb. 25, U.S. Sen. Jim Inhofe submitted the proper paperwork to the Oklahoma Secretary of State to show he will be retiring from the U.S. Senate on Jan. 3, 2023. Sen. Inhofe started his political career in 1978 when he was elected the mayor of Tulsa. Inhofe spent 6 years as mayor, he was then elected in 1987 …

The American Bankers Association has created a new webpage on aba.com where bankers can find announcements, alerts and guidance affecting the banking sector as a result of Russia’s invasion of Ukraine. The page includes updates on potential cyber threats, sanctions announcement from the federal government and other important news from the White House and various government agencies. Amid growing concerns …

Oklahoma’s commercial banks saw a marked increase in net income earnings in the fourth quarter from both the previous quarter as well as the fourth-quarter mark from last year. The FDIC’s Quarterly Banking Profile was released earlier this month and showed good news for both the state’s banks and the nation’s. Oklahoma banks saw their net income increase from $1.5 …

The dates for the OBA Bankers’ Night Out programs have been finalized, with the Enid date coming soon. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition …