News

The Oklahoma Bankers Association and its member banks are better together … it’s become a mantra of sorts during Bryan Cain’s year as OBA chair, and it’s the focus of our annual convention this year! Nearly 200 banks and 20,000 bank employees ARE better together, and we’d sure like to a see a large representative portion of those at our …

A preliminary injunction that blocks the Consumer Financial Protection Bureau’s credit card late fee rule from taking effect was issued earlier today. A federal judge in Texas issued the injunction, which stops the CFPB’s rule from starting as planned on Tuesday. The ruling came in the case brought by the American Bankers Association, the U.S. Chamber of Commerce and other …

In This Issue… From Adrian’s desk … Better Together: OBA convention open for registration! Select your OBA Emerging Leaders chair FDIC releases new financial inclusion strategic plan OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! •        …

The OBA has heard from bankers interested in serving as chair of the Emerging Leaders Division. This position is open to any OBA Emerging Leaders who are currently enrolled in OBA Emerging Leaders Academy or had previously graduated from an OBA Leadership Academy. The Emerging Leaders chair will serve a two-year term and will work closely with OBA staff to …

The OBA runs a monthly “Oklahoma Bankers” feature in its newspaper where promotions and hires from member banks are highlighted. While the submissions seem to come in giant clumps during parts of year, forcing some to be pushed back a couple or even three months to be published, we appear to be between said “giant clumps.” Now is the time …

Warning that “consumers will lose” if the CFPB’s overdraft proposal is finalized, the OBA, American Bankers Association and all 51 other state bankers associations urged the Consumer Financial Protection Bureau via a joint comment letter on Monday to withdraw it. The proposal would re-classify overdraft as “credit,” despite Congress’ determination 50 years ago to the contrary, and would permit financial institutions to offer overdraft …

In This Issue… From Adrian’s desk … OBA, ABA other state associations ask CFPB to stop overdraft proposal Preliminary injunction issued against new CRA rules Publicize your promotions/hires! Welcome new strategic members, endorsed vendor OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our …

A federal judge in Texas issued a preliminary injunction on Friday against the enforcement of revised rules implementing Community Reinvestment Act. The American Bankers Association, the Independent Community Bankers of America, the U.S. Chamber of Commerce, the Texas Bankers Asociation, alongside three other national and state associations, sued banking agencies in February for exceeding their statutory authority with their recent amendments to …

Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …

We have finally reached our first deadline at the state legislature, and it couldn’t come fast enough. We started off the session tracking 678 bills, and after the deadline dust settled, we are down to 211 bills. All of the bills we have introduced made it past the deadline and are still alive. We will spend the next couple of …