Friday, March 14, 2025

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Reg relief bill S. 2155 passes House; heads to president

S. 2155, a regulatory relief bill for community banks, passed the U.S. House of Representatives on Tuesday. With its passage through the Senate in March, it will now head to President Trump’s desk for his signature and become law. It is the first bipartisan bill to pass through Congress in quite a while and contains several COMMONSENSE adjustments to regulations …

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Regulatory relief passes House; heads to president’s desk

U.S. Capitol

The OBA has learned S. 2155, a regulatory relief bill for community banks, has just passed the U.S. House of Representatives. With its passage through the Senate in March, it will now head to President Trump’s desk for his signature and become law. We will have more information on this development soon. As for now, thank you to all those …

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OBA, Oklahoma credit unions join forces, send letter concerning S. 2155

The OBA and the Oklahoma Credit Union League have joined together to write to each member of the Oklahoma delegation asking them to do everything they can to help move S. 2155 through the U.S. House of Representatives. “When we were there for our recent visits, we kept getting the same old message of being patient,” OBA President and CEO …

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OBA Emerging Leaders joining in happy hour

Calling all OBA Emerging Leaders! Join your banking peers and some other friends in finance for a happy hour in partnership with the Young Accounting Professionals from the Oklahoma Society of CPAs from 5-7 p.m. on Thursday, May 10, at The Jones Assembly located at 901 W. Sheridan Ave. in Oklahoma City. You can register for this get-together by clicking here or …

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2018 edition of OBA Directory of Banks now available

The Oklahoma Bankers Association Directory of Banks, 2018 edition, is now available for purchase. This annual booklet gives important information on all Oklahoma banks, savings and loans, savings banks and holding companies. It’s available for purchase online by clicking here, or feel free to contact the OBA’s Thi Pham. Anyone wishing to order nine or more copies should contact Thi directly.

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American Banker magazine features goodbye article from Cam Fine

This week’s American Banker magazine features an article written by Cam Fine, president and CEO of the Independent Community Bankers of American. Fine recently announced his retirement and penned this article as his goodbye to Washington, D.C. ‘Don’t let the bastards get you down’: Cam Fine says goodbye to D.C. I came to Washington, D.C., from Missouri’s capital city, Jefferson …

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2018 OBA Convention coming in May

The 2018 OBA Annual Convention & Trade Show is coming soon, set for May 21-23 at the Hard Rock Hotel & Casino in Catoosa. This year’s convention theme is “Answer the C.A.L.L. (community/advocacy/leadership/legacy). Lt. Col. Robert Darling, a retired member of the U.S. Marine Corps., who served in the first Gulf War and supported the president in the President’s Emergency …

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Women In Banking at Capitol canceled

Due to the uncertainty surrounding the teacher walkout, the OBA Women in Banking Day at the Capitol, scheduled for April 17, has been canceled. We apologize for any inconvenience. If you have any questions, feel free to contact the OBA education department.

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FinCEN releases updated beneficial ownership rule FAQs

FinCEN (Financial Crimes Enforcement Network) recently released an updated version of its Frequently Asked Questions (FAQ) outline in an effort to assist bankers as they prepare for the May 11 deadline. These expanded due diligence requirements are intended to find out who is really the controlling force of various businesses with which the bank does business, including corporations and limited …

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