Saturday, January 4, 2025

News

Week of July 24

Greetings from Guy By Guy Sims OBA Chairman I spent last week attending the ABA’s Summer Leadership Meeting in Boston. The meeting provided a great opportunity to network with other bankers from across the country as well as gain additional insight into what is going on in Washington, D.C.  On the regulatory reform front, it appears work is going on …

Read More »

Week of July 17

Congressional GOP: pursuing vote to overturn arbitration rule Last week, the Consumer Financial Protection Bureau issued its Final Rule that, in essence, prohibits banks and other lenders from using mandatory arbitration clauses in their lending and other documents.   “That’s the bad news,” OBA President and CEO Roger Beverage said.  “The good news is that congressional Republicans are poised to use …

Read More »

Week of July 10

Greetings from Guy By Guy Sims OBA Chairman Developing the next generation of bankers is one of the biggest challenges many of us face in our banks. Technical training, practical experience and a broad view of the banking landscape is important in developing quality bankers that will lead our banks in the future.  Our board, both at my bank and …

Read More »

Week of July 3

Greetings from Guy By Guy Sims OBA Chairman While the health care debate is taking up all of the oxygen in Washington, the next item on the agenda for the Republican congress is tax reform.  The plan is to have the framework hammered out by September and have a bill passed and signed by year-end. The house has been working …

Read More »

Loan-to-deposit ratio information released

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued late last month the host state loan-to-deposit ratios that they will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year’s ratios, …

Read More »

Week of June 19

Greetings from Guy By Guy Sims OBA Chairman Washington provided plenty of drama last week both political and personal. I would like to spend a few minutes discussing the horrific shooting at the congressional baseball game practice.  While the political rhetoric has been red hot for an extended period, it took this terrible event to produce some civility among our …

Read More »

Latest round of 20 Questions! posted

Our next round of individuals answering 20 random questions, ranging from informational, to entertaining to downright bizarre, is ready for your viewership! Three new interviews are now posted for everyone’s enjoyment. These interviews – with Terri Thompson of American Exchange Bank, Henryetta; Kyle Powell of First National Bank, Okmulgee; and Tyler Spradlin of SpiritBank, Sapulpa – will give insight on …

Read More »

Week of June 12

Financial CHOICE Act clears House of Representatives Thursday, the U.S. House of Representatives passed H.R. 10, the Financial CHOICE Act, on a party-line vote in which only one Republican voted with the Democrats to oppose the bill. No Democrats voted to approve the bill. The actual vote was 233-186, and all five Oklahoma Representatives voted in favor of the bill. As …

Read More »

Lankford holds meeting at OBA

Sen. James Lankford held a meeting for Oklahoma bankers at the OBA on the morning of June 2, discussing various banking-related topics and answering questions. Sen. Mike Crapo (R-Idaho, chairman of Banking, Housing and Urban Affairs Committee) also Skyped in to take some questions from the gathered bankers. More than 50 bankers were in attendance and heard from both senators …

Read More »

Bank earnings continue to improve

Through the end of the first quarter, Oklahoma banks earned a solid $367 million. “It’s an outstanding result, again, and it reflects the ongoing strength of Oklahoma banks,” OBA President and CEO Roger Beverage said. “When taken together, the nation’s 5,856 banks earned nearly $44 billion for the quarter. That compares to $39 billion at the end of the first …

Read More »