Saturday, July 27, 2024

Jeremy Cowen

Three bankers make up inaugural class for Oklahoma Bankers Hall of Fame

The Oklahoma Bankers Hall of Fame inducted its first-ever class today at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt made up the inaugural group. The ceremony was hosted by the Oklahoma Bankers Association’s immediate past chairman, Guy Sims, who is also president/CEO/chairman of Shamrock Bank in …

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Week of Nov. 26

In This Issue… • Fed needs comments on payments, settlement proposal • Save the dates for upcoming major OBA events! • OBA education corner …

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Oklahoma banking industry continues record earnings pace in third quarter

Recently, the FDIC released its third quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $62 billion, up $14 billion, or 29.3 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue plus a lower effective tax rate. According …

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Arvest Bank scholarship program featured in NewsOK

Arvest Bank’s scholarship program to help single parents attend college was featured in NewsOK recently. The program, Oklahoma Single Parent Scholarship Program, has already awarded 23 scholarships to single parents in central Oklahoma. You can read the full Q&A on NewsOK with Teresa Moore, integrated account servicing director at Arvest Bank, by clicking here.

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Week of Nov. 19

In This Issue… • Sandy’s salutations • Oklahoma banking industry continues record pace • FDIC releases decision on simplified capital requirements • Could your bank take brief survey on armed guards/bank entrances? • Oklahoma Bankers Hall of Fame ceremony set for Dec. 4 • OBA education corner …

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Week of Nov. 13

In This Issue… • Sandy’s salutations • Oklahoma Bankers Hall of Fame ceremony set for Dec. 4 • OBA education corner …

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ABA survey: Nearly all Americans enjoy digital banking experience

Ninety-three percent of Americans rated their bank’s online and mobile app experience as “excellent,” “very good,” or “good,” according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The survey also found that seven in 10 Americans (70 percent) use a mobile device to manage their bank account at least once per month, and …

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Executive News: Well, now what?

As this issue of the Oklahoma Banker goes to press, the November elections are over. Sort of. But I still want to see some key numbers and results that will help me have a better understanding of the lay of the (new) political landscape. At the state level, we know most of our key new players – almost all of …

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Oklahoma Bankers Hall of Fame inaugural class set for induction

The Oklahoma Bankers Hall of Fame will induct its first-ever class on Dec. 4 at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt will make up the inaugural class. If you are interested in attending the event, please RSVP by Nov. 21 to the OBA’s Nancy McKinnis …

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Fed needing comments on real-time payments

The Federal Reserve Board of Governors published a notice on Oct. 3 asking for comment on actions the Fed could take to facilitate real-time interbank settlement of faster payments. The goal, according to the notice filed, is to “achieve ubiquitous, nationwide access to safe and efficient faster payments.” “Technology has changed everything,” said Esther George, president of the Federal Reserve …

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