As mentioned in the July 22 Weekly Update, Commercial New Account Fraud Rears Up in Oklahoma, watch for checks from the Inflation Reduction Act’s Discrimination Financial Assistance Program to be stolen from the mail system and deposited into new accounts opened for the purpose of committing fraud. The application period for the Inflation Reduction Act’s Discrimination Financial Assistance Program ended …

In This Issue… From Adrian’s desk … USDA Discrimination Financial Assistance checks targets of fraudsters Recordings of fraud prevention conference available OBA Washington Visit just around corner: Join your peers in D.C. this fall! Second-quarter bank reports now available OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might …

In This Issue… From Adrian’s desk … OBA co-sponsors upcoming financial crimes forum FinCEN issues guidance to bank customers on reporting rules Oklahoma Bankers Hall of Fame accepting nominations for 2024 Earlybird registration deadline looming for ABA convention OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be …

Show off your golfing skills or simply join your banking peers as a social registrant at the 2024 OBA Oktoberfest Golf Tournament on Oct. 21 at Belmar Golf Club in Norman. The tournament fee is $175 and the registration deadline is Oct. 14. The tournament will begin with registration and lunch. Immediately following the tournament, we will hold an awards …

There is a new fraud trend hitting Oklahoma financial institutions involving U.S. Treasury checks, ID theft and new accounts. Losses can be significant as many of these checks exceed $100,000. Please share this information will all areas of responsibility involving new business accounts and check deposits. Legitimately issued checks are being stolen in bulk. Individuals involved in the scheme travel …

In This Issue… From Adrian’s desk … Commercial new account fraud rears up in Oklahoma Banking associations: Banks cannot fight financial scams alone OBA scheduled Oktoberfest Golf Tournament OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! •     …

We have survived the June 18 election primaries, the last-minute onslaught of tv ads and dreading opening the mailbox knowing it was full of political push cards. Don’t get too comfortable, though, as we have several runoff elections to be held on Tuesday, Aug. 27. While there won’t be as many races then, there are several important ones in the …

The Oklahoma Bankers Hall of Fame inducted its 2024 class – its sixth – on Dec. 5 at the Oklahoma History Center in Oklahoma City. The late Guy Berry III, with American Heritage Bank, in Sapulpa; Herschel Brewster, with Blue Sky Bank, in Weatherford; Brad Krieger, with Arvest Bank; and Gregg Vandaveer, with Sooner State Bank, Tuttle; make up the …

Take note the OBA 2024-25 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new heights with powerful speakers offering information leaders need for effectively maneuvering in today’s business climate. Each session helps participants become true leaders by understanding those around you through …

The FDIC released guidance in mid-June with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Oklahoma affected by recent severe storms and tornadoes. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties due to the severe weather, including extending repayment terms, restructuring existing loans or easing terms for …