Homepage News

Bankers have a chance to go together (or contribute directly) to our collective effort to raise at least $10,000 to show industry support for our new governor. This amount will help us sponsor a table at the Inaugural Ball to be held on January 14, 2019. Each contributing bank – as well as every bank that sponsors its own table …

The Oklahoma City Branch of the Federal Reserve of Kansas City has released its latest issue of the quarterly publication the Oklahoma Economist. Oklahoma’s economy continued to expand in 2018 with employment increasing solidly and the unemployment rate below the national average with wages rising, according to Chad Wilkerson, branch executive, vice president and economist at the Oklahoma City Branch …

The nondeductible portion of OBA dues have been calculated for our members, for the fiscal year ending April 30, 2018. The nondeductible portion is 17.78 percent. If you have any questions, please contact Lea Ann Jackson at the OBA.

We’d like to take an opportunity to recognize the sponsors from the 2018 Oklahoma Bankers Hall of Fame induction ceremony. Ruby Sponsor BancFirst   Sapphire Sponsor First National Bank & Trust Co., Shawnee   Sapphire Sponsor The University of Oklahoma Foundation   Emerald Sponsor Sonic   Emerald Sponsor FHLBank Topeka

The Oklahoma Bankers Hall of Fame inducted its first-ever class today at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt made up the inaugural group. The ceremony was hosted by the Oklahoma Bankers Association’s immediate past chairman, Guy Sims, who is also president/CEO/chairman of Shamrock Bank in …

Recently, the FDIC released its third quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $62 billion, up $14 billion, or 29.3 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue plus a lower effective tax rate. According …

Arvest Bank’s scholarship program to help single parents attend college was featured in NewsOK recently. The program, Oklahoma Single Parent Scholarship Program, has already awarded 23 scholarships to single parents in central Oklahoma. You can read the full Q&A on NewsOK with Teresa Moore, integrated account servicing director at Arvest Bank, by clicking here.

Ninety-three percent of Americans rated their bank’s online and mobile app experience as “excellent,” “very good,” or “good,” according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The survey also found that seven in 10 Americans (70 percent) use a mobile device to manage their bank account at least once per month, and …

The Oklahoma Bankers Hall of Fame will induct its first-ever class on Dec. 4 at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt will make up the inaugural class. If you are interested in attending the event, please RSVP by Nov. 21 to the OBA’s Nancy McKinnis …

Once again, we’re reminding bankers at every level to respond to the federal banking agencies’ Advanced Notice of Proposed Rulemaking on the proposed suggestions for changing the rules around the Community Reinvestment Act. Tell Your Story. Pick one or two of the 31 questions contained in the ANPR request and tell the regulators about your experiences and what the response of the regulators …