News

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 …

In This Issue… • Fed report on rural employer firms confirms importance of small banks • Credit union regulator to head to CFPB? • Government Relations Council, OBA Board to meet • OBA education corner …

On Friday, Dec. 22, 2017, President Trump signed into law H.R. 1, which became Public Law No: 115-97. “The process was a bit confusing, to say the least,” OBA President and CEO Roger Beverage said. “The bill had to be structured in such a way that it would fit into the ‘reconciliation’ process in the Senate and still be acceptable …

By Jeremy Cowen Vice President/Communications    Bankers know a lot about investing. Therefore, it should be of little surprise Oklahoma bankers continue to invest in the future of their own industry. The Oklahoma Bankers Association’s popular Summer Intern Program will again be active in 2018 and is expecting a number of prospective interns from the University of Oklahoma and Oklahoma State …

In This Issue… • Thank you to our members! • Voters support taxing large credit unions • Oklahoma delegation asked to support H.R. 4545 • OBA education corner …

In This Issue… • Greetings from Guy • House, Senate leaders release text of final tax reform bill • House Financial Services Committee advances several industry-supported bills • Information courtesy Compliance Alliance … • OBA education corner …

The following information shows the result of a recent poll conducted by Morning Consult, The poll was conducted at the request of the American Bankers Association.  Here are the results: 1. Voters are largely not aware of the fact that credit unions pay no federal income tax; 2. It is not appropriate for a tax-exempt industry to spend millions of …

Late Tuesday afternoon, the Senate Banking Committee voted to advance S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act to the full Senate for consideration. It was a strong bipartisan vote: 16-7, including four of the 11 Democrats on the Committee. “A small group of us began working on this concept about four years ago or so,” said …