News

Late Tuesday, Senate Bill 291 was added to the House Floor calendar and could possibly be heard today or Thursday. SB 291 is a bad bill for banking! This bill makes the necessary changes to allow Green-Energy PACE Home Loans. These loans are currently under scrutiny from federal regulators and Congress. Current Oklahoma law states that these loans are junior …

In an effort to bring your bank more options, your OBA is in the process of finalizing an agreement with the Texas Bankers Association to transition the OBA Insurance Agency into the TBA’s insurance operation. Judy Hanna will continue to be your agent and will work exclusively in Oklahoma and will still be located in the OBA offices. “The idea …

CHOICE Act introduced, to be considered Wednesday Thursday, Rep. Jeb Hensarling (R-Texas), who chairs the House Financial Services Committee, released his latest version of the Financial Choice Act.  We’ve talked about this approach before in this space and we featured it at the recent Bankers’ Night Out Programs across the state.   The intent of this 600-page bill is to “repeal …

From the chairman By Curtis Davidson OBA Chairman Someone once said, “What you put into life is what you get out of it.” That same concept is also true as it relates to your bank’s investment in the OBA.  As we were preparing the budget for the next fiscal year, it caused me to closely examine what my OBA dues …

One of our member banks has shared with us the following letter the bank received regarding a patent license involving a remote deposit capture offering. If your bank has received such a letter as the one that follows, please email it to Roger Beverage – roger@oba.com – at your early convenience. Click here to read the letter.

From the chairman By Curtis Davidson OBA Chairman Here’s the real story about my favorite community banker. P.D. moved to Ardmore a year after he married his childhood sweetheart, Raymonde, who was known simply as Ray. He found a cashier job with Ardmore National Bank. He soon worked directly under Lee Cruce, who would become Oklahoma’s second governor. P.D. and …

The Oklahoman/NewsOK recently focused its Executive Q&A series on OBA President and CEO Roger Beverage. The story ran in the April 2 edition of the newspaper website. You can read it by clicking here.

From the chairman By Curtis Davidson OBA Chairman OBA road trip continues. We have reached our half way point for the OBA Spring Bankers’ Night Out events. Attendance has been great at all three locations; Lawton, Oklahoma City and Tulsa. Over 300 bankers and vendors have come together to do what we do best; eat and socialize. We also learned …

The 2017 OBA Annual Convention & Trade Show is coming soon, set for May 22-24 at the Embassy Suites in Norman. Matt Lewis, senior columnist for the Daily Beast and author of Too Dumb To Fail, will give the keynote speech at the opening of convention on May 22. Lewis will give a talk titled, “The Trump Years: What to …

The FDIC has announced a new, streamlined call report is available for use in the second quarter by smaller traditional banks that meet the requirements for its use. Generally, the new report will be available for those banks with total assets less than $1 billion and only have domestic offices. “The FDIC announced the availability of the new form as …