Statement of Tom Hoenig, FDIC Vice Chairman on the action by the Senate Banking Committee moving S. 2155 to the full Senate. I am pleased that the Senate Banking Committee has advanced the regulatory relief debate with approval of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act. The underlying goal of the legislation is one I have long advocated: easing …

In This Issue… • Greetings from Guy • Powell’s nomination recommended to the full Senate • Poll: Majority of voters support taxing credit unions • Just in: The Senate Banking Committee just voted to advance S. 2155 to the full Senate • Senate votes to approve major tax reform • OBA soliciting CD bids • OBA education corner …

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Managing risk in mobile deposits (Removed for error) The statement exemption for charged-off loans Don’t sweat the HUD-SCRA expiration HMDA notices Abundance of caution” “Legalese” for non-lawyers – Part II

On Dec. 5, after enduring a seven-hour process of rejecting some 37 amendments proposed by Democrat members of the Senate Banking Committee, the Committee voted to advance S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, to the full Senate for consideration. It was a strong bipartisan vote: 16-7, including four of the 11 Democrats on the Committee. …

By Megan McGuire OBA Member Relations A commonly asked question at the OBA is: Am I a member? Every employee of an OBA member bank is a member of the OBA. Furthermore, every employee of an OBA strategic member is a strategic member of the OBA. The Oklahoma Bankers Association would like for all its members to make the most …

Oklahoma banks continue their collective journey to another record-earnings year, according to the FDIC’s release of the Quarterly Banking Profile on Monday. “Needless to say, this is great news for the industry,” OBA President and CEO Roger Beverage said. “The previous record was set in 2015, at $1.024 billion. At the end of September, the year-to-date net income for the industry …

In This Issue… • Greetings from Guy • GRC reviews bills introduced in Second Session • OBA supports FASB proposal to address reporting implications of tax reform • Congress approves government funding bill through Feb. 8 • OBA Bankers’ Night Out programs ready for spring • Register for OBA 2018 Contact Banker Program • OBA education corner …

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We want to wish all our bankers and their families a happy Thanksgiving! Try not to eat too much turkey this weekend! The OBA offices will be closed on Thursday and Friday this week in observance of the holiday. We will reopen at our regular time on Monday, Nov. 27.