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(As of March 25, 2020) COVID-19 continues to take its toll as it impacts communities in Oklahoma and across the country, and America’s banks are helping to  lead the way and taking steps to respond to the needs of individuals and small business owners directly affected. Note: This support will vary by institution and the customer’s specific circumstances. As a customer, …

COVID-19 is causing many concerns with consumers, but access to your money shouldn’t be one of them. Here are the top five things you need to know about your money and banks under “Safer At Home.” 1. You have continued access to your funds and bank services. Banks are considered an essential service which means you continue to have access …

Business continuity planning during pandemics must include compliance considerations at every level and in every department of the bank—the current COVID-19 crisis is no different. Compliance Alliance developed these tools for all banks across the United States – regardless of membership – for the challenging weeks ahead. Here are the bank pandemic planning tools: COVID-19 Essential Critical Infrastructure Worker Credential …

In response to COVID-19, all 77 Oklahoma counties have been approved for low-interest disaster loans from the U.S. Small Business Administration. These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. More information is available at SBA.gov/disaster. Stay informed by checking the coronavirus resource page. We …

The OBA hosted a teleconference on Wednesday, March 18, discussing the banking response to the COVID-19 pandemic. The call included representatives from many of our member banks, along with Gov. Kevin Stitt, Sen. James Lankford, State Banking Commissioner Mick Thompson and Oklahoma Secretary of Commerce and Workforce Development Sean Kouplen. The call lasted nearly 50 minutes and includes much information …

NOW is the time to get involved in your Association, and one good way to accomplish this is to join one of our committees! We are now taking names for those interested in our committees for the 2020-2021 year. By participating with the group three to four times a year, you learn more about your profession, meet other bankers, share …

With banks, their customers and their employees facing unprecedented challenges associated with the 2019 novel coronavirus pandemic, ABA yesterday published a suite of new resources for bankers to help them navigate this ever-changing situation. Resources include: A comprehensive set of frequently asked questions covering a range of topics, including regulatory concerns, workforce health and safety and branch operations. This FAQ …

To ensure the health and safety of all those involved, OBA live events and seminars scheduled through April 10 are either canceled or postponed in response to the coronavirus (COVID-19). Webinars on a variety of topics to meet your training and continuing education needs are available on the events calendar.

The OBA is looking for bankers interested in serving as chairperson of the Emerging Leaders Division. Any OBA Emerging Leaders who are currently enrolled in OBA Emerging Leaders Academy or have previously graduated from an OBA Emerging Leaders Academy or OBA Leadership Academy are eligible for the position. The Emerging Leaders chair will serve a two-year term and will work …

America’s banks prevented $22.3 billion in attempted fraud against deposit accounts in 2018, according to the American Bankers Association’s 2019 Deposit Account Fraud Survey report released on Jan. 15. While total attempted fraud against deposit accounts reached $25.1 billion in 2018, banks’ prevention measures stopped nearly $9 out of every $10 of attempted fraud. The Oklahoma Bankers Association did its …