The Financial Crimes Enforcement Network received approximately 4.6 million suspicious activity reports in fiscal year 2023, for an average of 12,600 reports a day, the agency said last week in its year-in-review report. The report provides an overview of FinCEN’s collection and use of Bank Secrecy Act data, including its work with law enforcement and national security agencies. Among other …

The Second Regular Session of the 59th Oklahoma State Legislature finally came to an end – by later afternoon on May 30, both chambers had officially adjourned sine die. The legislature is constitutionally required to adjourn session by 5 p.m. on the last Friday in May. Rarely do they ever make it to the last day in the month, but …

Both total assets and total deposits increased at Oklahoma bankers during the first quarter of 2024. Total assets at at Oklahoma banks jumped from $152.8 billion at the end of 2023, to $155.4 by the end of the first quarter on March 31. Total deposits, meanwhile, also increased from $122 billion to $125.6 billion. Net income, however, was a bit …

Federal bank regulatory agencies issued at the end of last month the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace those from May 2023. Oklahoma moved to 86% in the ratios released, a jump from the previous mark of 76%. Other …

In This Issue… From Adrian’s desk … FinCEN releases BSA data for past year Information security MAFIA meeting scheduled for Friday 2025 Oklahoma Views & Vistas Calendar available for early-bird orders 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! …

The U.S. Secret Service is alerting financial institutions to an increase in ATM jackpotting attacks. ATM jackpotting attacks can cause significant loss, and a new type has been seen lately. On June 3, between 2:30-3:30 a.m., suspects in a light blue Chevy Cruze with a temporary tag expiring Aug. 1, 2024, attempted to conduct malware-style jackpotting attacks on drive-up ATMs …

The U.S. Secret Service is alerting financial institutions to an increase in ATM jackpotting attacks. ATM jackpotting attacks can cause significant loss, and a new type has been seen lately. On June 3, between 2:30-3:30 a.m., suspects in a light blue Chevy Cruze with a temporary tag expiring Aug. 1, 2024, attempted to conduct malware-style jackpotting attacks on drive-up ATMs …

In This Issue… From Adrian’s desk … Jackpotting attacks on ATMs increase across country Join your banking peers in D.C. this fall! 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! •        •         • The …

In This Issue… From Adrian’s desk … ABA, ICBA, other associations sound off on data privacy bill Banking industry proves strong after early 2023 stress 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 officially entered the last month of the state legislative session, and just like clockwork, the craziness and the nonsense have already started. As I’ve mentioned before, the only thing the legislature is statutorily required to accomplish is to pass a state budget. So, all the policy issues still being considered must be across the finish line before the …