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A hearty “thank you” goes out to our 2024 OBA Convention sponsors, both for the general sessions as well as the golf tournament!  

OKLAHOMA CITY — Alicia Wade, chief operating officer of Sovereign Bank, in Shawnee, was inducted as chair of the Oklahoma Bankers Association at the OBA’s 127th Convention on May 15 at the Skirvin Hilton in Oklahoma City. Wade joined Sovereign Bank earlier this year, and has been a part of the banking industry for 27 years. She also serves on …

Be sure to bookmark our dedicated mobile web page for convention, which includes the schedule, exhibit floor plan, sponsors and more at www.oba.com/convention. Those using iPhones can save the page on their home screen like an app by simply hitting the share button at the bottom of the screen (icon at center that looks like a square with an arrow …

The Small Business Payments Alliance issued a report on Monday that found an overwhelming majority of small businesses oppose new government mandates on payment networks; are more concerned with inflationary pressures than the cost of processing credit cards; and rely on the security offered by leading credit card networks to operate their businesses and serve their customers. Legislation currently under consideration in …

The OBA, alongside the American Bankers Association and the 51 other state bankers associations, urged leaders of the U.S. House and Senate in a joint letter Monday to set an independent review of recent banking agency rulemakings to assess their appropriateness in addressing risks within the banking sector. Congressional investigations into the causes of last year’s banking crisis remain incomplete, specifically regarding …

The 2024 OBA Directory of Banks is now ready to buy! This essential reference includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index and much more! Each Directory is $40 per copy for OBA-member bankers, …

The Oklahoma Bankers Association and its member banks are better together … it’s become a mantra of sorts during Bryan Cain’s year as OBA chair, and it’s the focus of our annual convention this year! Nearly 200 banks and 20,000 bank employees ARE better together, and we’d sure like to a see a large representative portion of those at our …

Warning that “consumers will lose” if the CFPB’s overdraft proposal is finalized, the OBA, American Bankers Association and all 51 other state bankers associations urged the Consumer Financial Protection Bureau via a joint comment letter on Monday to withdraw it. The proposal would re-classify overdraft as “credit,” despite Congress’ determination 50 years ago to the contrary, and would permit financial institutions to offer overdraft …

Federal Financial Institutions Examination Council member agencies are making several changes to the Uniform Bank Performance Report on or shortly after Monday, March 24. These changes are necessitated by the current expected credit losses methodology nomenclature changes to the March 2024 Call Reports, according to FFIEC.

The OBA is currently looking to fill the position of general counsel – our current legal staff remains available to assist our member bankers with their needs, however! As we search, however, we wanted our bankers to know that Pauli and the rest of our compliance staff are standing by to continue their great service! As for a new general …