Complaints – What’s your status quo? Your Corporate Compliance Program Prepaid Accounts Rule Delayed HMDA Rule Changes Proposed

Sen. James Lankford held a meeting for Oklahoma bankers at the OBA on the morning of June 2, discussing various banking-related topics and answering questions. Sen. Mike Crapo (R-Idaho, chairman of Banking, Housing and Urban Affairs Committee) also Skyped in to take some questions from the gathered bankers. More than 50 bankers were in attendance and heard from both senators …

Through the end of the first quarter, Oklahoma banks earned a solid $367 million. “It’s an outstanding result, again, and it reflects the ongoing strength of Oklahoma banks,” OBA President and CEO Roger Beverage said. “When taken together, the nation’s 5,856 banks earned nearly $44 billion for the quarter. That compares to $39 billion at the end of the first …

Did you miss our annual convention and the opportunity to watch the opening video that featured several of our bankers singing our state song? Or, would you just like to see it again? Either way, here’s your chance to see some of our most well-known bankers tune up their vocal cords to get our convention off to a fun start!

Greetings from Guy By Guy Sims OBA Chairman I hope everyone enjoyed the convention. It was great to see so many bankers from across the state. I want to thank the OBA staff for all the work it puts into making our convention successful.   I also would like thank Curtis Davidson for his leadership over the past year. Curtis …

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On May 4, the House Financial Services Committee approved H.R. 10, the Financial CHOICE Act. The vote was strictly along party lines, 34-26. One of its provisions will repeal the harmful Durbin Amendment. It’s possible H.R. 10 will be brought up by the House leadership and considered on the House floor next week during the OBA Convention in Norman. We know the …

CHOICE Act marked up, advanced to full House H.R. 10 – the Financial CHOICE Act, was recently introduced by Rep. Jeb Hensarling (R-Texas) on April 26, 2017. Hensarling currently serves as chairman of the House Financial Services Committee. The Committee conducted a three-day mark-up that concluded last Thursday, and an amended version was reported to the full House on strictly party-line …

The iPhone app for the 2017 OBA Convention is now available for download. Use this app as a handy guidebook for the convention! Don’t stress about having to carry around unwieldy pocket programs for this year’s convention. Just rely on your cell phone and this app to get you where you need to go! The app includes times of all …

ABA has delivered its fifth white paper to the Department of the Treasury outlining the reasons why the Volcker Rule is a drag on the U.S. economy. The rule requires all banks, regardless of size, to refrain from doing any activities that involve “proprietary trading.” “One of the problems is that, as worded, the Volcker rule applies to all banks, …