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 …
Read More »Jeremy Cowen
Oklahoma Bankers Hall of Fame inaugural class set for induction on Dec. 4
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 …
Read More »Week of Nov. 5
In This Issue… • Sandy’s salutations • Could your bank take brief survey on armed guards/bank entrances? • CRA comments still needed • SBA proposes to eliminate poultry loans? • Oklahoma Bankers Hall of Fame ceremony set for Dec. 4 • OBA education corner …
Read More »Info on ATM Cash-Out schemes
https://krebsonsecurity.com/2018/08/fbi-warns-of-unlimited-atm-cashout-blitz/#more-44642 https://krebsonsecurity.com/2018/07/hackers-breached-virginia-bank-twice-in-eight-months-stole-2-4m/ This FBI alert also contains specific recommendations for financial institutions to take action.
Read More »Public service announcement on business email compromise.
PSA Video FBI press release
Read More »Week of Oct. 29
In This Issue… • Sandy’s salutations • CRA modernization: banker comments needed! • OBA joins ABA’s letter calling for CECL quantitative impact study • Payments system issues: Fed needs to hear from community banks • Bankers invited to Mix & Mingles with OSCPA • Oklahoma Bankers Hall of Fame ceremony set for Dec. 4 • OBA education corner …
Read More »We need bankers to tell THEIR story
Once again, we’re reminding bankers at every level to respond to the federal banking agencies’ Advanced Notice of Proposed Rulemaking on the proposed suggestions for changing the rules around the Community Reinvestment Act. Tell Your Story. Pick one or two of the 31 questions contained in the ANPR request and tell the regulators about your experiences and what the response of the regulators …
Read More »Week of Oct. 22
In This Issue… • We need you to tell YOUR story! • Inhofe to Mnuchin: Sub ‘S’ banks need clarity • ABA unveils new training for military veterans • OBA education corner …
Read More »Second-quarter small-business lending remains solid
The Federal Reserve Bank of Kansas City recently released the results from the Second Quarter 2018 national Small Business Lending Survey. The quarterly survey of U.S. banks provides data on lending activity and terms for small businesses, a critical source of employment and economic growth for the country. Key findings include: Outstanding commercial and industrial (C&I) loan balances grew for …
Read More »Bankers invited to Mix & Mingles with OSCPA
Want to get to know other young banking and finance professionals in your area? Grab a seat with us Nov. 1 and enjoy drinks and networking hosted by the OBA Emerging Leaders in partnership with the OSCPA’s Young Accounting Professionals Committee. These Mix & Mingles are 5-7 p.m., come and go. The November Mix & Mingle will provide a unique …
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