News

Did you miss our annual convention and the opportunity to watch the opening video that featured several of our bankers singing our state song? Or, would you just like to see it again? Either way, here’s your chance to see some of our most well-known bankers tune up their vocal cords to get our convention off to a fun start!

Greetings from Guy By Guy Sims OBA Chairman I hope everyone enjoyed the convention. It was great to see so many bankers from across the state. I want to thank the OBA staff for all the work it puts into making our convention successful.   I also would like thank Curtis Davidson for his leadership over the past year. Curtis …

On May 4, the House Financial Services Committee approved H.R. 10, the Financial CHOICE Act. The vote was strictly along party lines, 34-26. One of its provisions will repeal the harmful Durbin Amendment. It’s possible H.R. 10 will be brought up by the House leadership and considered on the House floor next week during the OBA Convention in Norman. We know the …

CHOICE Act marked up, advanced to full House H.R. 10 – the Financial CHOICE Act, was recently introduced by Rep. Jeb Hensarling (R-Texas) on April 26, 2017. Hensarling currently serves as chairman of the House Financial Services Committee. The Committee conducted a three-day mark-up that concluded last Thursday, and an amended version was reported to the full House on strictly party-line …

The iPhone app for the 2017 OBA Convention is now available for download. Use this app as a handy guidebook for the convention! Don’t stress about having to carry around unwieldy pocket programs for this year’s convention. Just rely on your cell phone and this app to get you where you need to go! The app includes times of all …

ABA has delivered its fifth white paper to the Department of the Treasury outlining the reasons why the Volcker Rule is a drag on the U.S. economy. The rule requires all banks, regardless of size, to refrain from doing any activities that involve “proprietary trading.” “One of the problems is that, as worded, the Volcker rule applies to all banks, …

This morning, the House Financial Services Committee began considering H.R. 10, the Financial CHOICE Act. Introduced by House Financial Services Chairman Jeb Hensarling (R-Texas), H.R. 10 is the chairman’s vision of the effort to “repeal and replace” Dodd-Frank. The Independent Community Bankers of America is having its annual ICBA Capital Summit in Washington, D.C., right now, and we want to …

From the chairman By Curtis Davidson OBA Chairman Chambers of Commence are one of our strongest allies. Be it local or national, chambers and banks have the same goal: to support economic growth, job creation and entrepreneurship. Last week, I watched a webcast from the U.S. Chamber of Commerce Capital Markets Summit titled “Kickstarting Growth: The Small Business Story.” I …

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 …