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Many of our bankers have expressed concerns over the newly passed medical marijuana laws by Oklahoma. One of those concerns has to do with the issues of an employee who has a license for medical marijuana use. The Oklahoman ran an article today discussing those issues with the State Chamber of Oklahoma. You can read the article by clicking here …

Earlier this year, the Bureau of Consumer Financial Protection fired the 19 members of the Community Banker Advisory Board created during the Richard Cordray era as required by Dodd-Frank. The Bureau then tried to re-create a smaller group in an effort to bring in more diverse views and exclude national advocacy organizations. The restructured CBAB is much smaller – seven …

Five federal financial regulatory agencies extended until Oct. 17, 2018, the comment period for a proposed rule to simplify and tailor compliance requirements for the “Volcker rule.” The Volcker rule generally restricts banking entities from engaging in proprietary trading and from owning or controlling hedge funds or private equity funds. With the extension, the Federal Reserve Board, the Commodity Futures …

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported aggregate net income of $60.2 billion in the second quarter of 2018, up $12.1 billion (25.1 percent) from a year ago. Oklahoma banks showed an increased of more than $100 million in the second quarter of 2018 compared to the same time period in 2017: from $593 …

Recently, the Oklahoma Bankers Association and Oklahoma County Sheriff’s Office joined forces for a webinar concerning elder abuse, including the financial aspects of such abuse. The webinar featured the OBA’s Elaine Dodd, and gave great insight on what banks can do to help fight scams against older Americans. Click here to access the replay of the webinar.

The OBA would like to invite all bank employees to a meet and greet with lieutenant governor candidate Matt Pinnell before the Republican run-off election. The event will take place at 1:15-2:30 p.m. on Friday, Aug. 17, at the OBA’s Harris Events Center. This isn’t a fundraiser for Pinnell, it’s an opportunity to ask him about his plan for moving …

The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. As in the past, the schedule for …

The Oklahoma City Dodgers baseball club is offering a special package for all bankers employed at OBA-member banks. Bankers can get field seats for the Aug. 23 game against the Omaha Storm Chasers, a Corey Seager straw tumbler, a limited edition OKC Dodgers baseball cap and $4 worth of Dodger Dollars pre-loaded onto each ticket, all for the cost of …

Take note the OBA 2018-19 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new heights with powerful speakers offering information leaders need for effectively maneuvering in today’s business climate. Each session helps participants become true leaders by understanding those around …

Register today for the OBA’s initial seminars addressing bankers concerns over the recent legalization of medical marijuana. “Preliminary Considerations for Banking Marijuana-Related Businesses” will take place on Aug. 7 in Oklahoma City and Aug. 8 in Tulsa. Click here for more information and to register for the Oklahoma City seminar. Click here for more information and to register for the Tulsa Seminar. There …