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The Court of Appeals of the D.C. Circuit has upheld the constitutionality of the manner in which the Consumer Financial Protection Agency is structured, reversing an earlier decision by a three-judge panel that the Bureau’s structure violated Article II of the Constitution. The court also upheld the lower court’s ruling which found that the compensation system used by the Plaintiff …

The OBA is interested in hearing from 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 Leadership Academy are eligible for the position. The Emerging Leaders chair will serve a two-year term and will work closely with OBA …

Just another reminder to let your representative or senator know how you feel and what you think about the plan that’s been developed by a group of leading business and civic leaders with the number of individual leaders who also support this program growing day by day. In a previous OBA Update, we briefly outlined a few of the pros …

Each year, the Oklahoma Bankers Association awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, sibling or spouse who is a Professional Member of the Association. 

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 …

State banking association executives have submitted a joint comment letter to the Financial Accounting Standards Board regarding the Exposure Draft:  Accounting Standard Update: Income Statement – Reporting Comprehensive Income (Topic 220) Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (“proposed ASU”).

The following letter was sent to each member of the Oklahoma Delegation in the U.S. House of Representatives:           

Have your bankers and/or coworkers attended the OBA Intermediate School? If the answer is “no,” then NOW is the time to think about it! The 2018 OBA Intermediate School takes place over two week-long session on Feb. 5-9 and June 4-8. This incredibly important school is designed to prepare students to serve effectively and profitably the needs and desires of their banks …

The American Banker newspaper is reporting President Trump is considering J. Mark McWatters as a possible nominee to be the director of the Consumer Financial Protection Bureau. McWatters is currently the chairman of the National Credit Union Administration, the federal agency that is responsible for regulating the nation’s credit  unions. “I don’t think most people have any idea about the …