News

At its meeting in November, the Oklahoma State Banking Board approved the State Banking Commissioner Mick Thompson’s recommendation to reduce assessments paid by Oklahoma state-chartered banks. After setting assessments at the rate first established in 2004, the board then approved a discount of 70% for banks with assets less than $1 billion and 25% for banks with assets exceeding $1 …

In This Issue… From Adrian’s desk … OBA creates fraud questionnaire for bank customers Associations file suit challenging CFPB overdraft fees cap 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! •        •         • With …

The FDIC announced today that it has updated its questions and answers related to the final rule on the use of the agency’s name and logo by financial institutions. The new Q&As cover key implementation topics such as the use of the digital sign and placement of the official sign in bank branches, the agency said in a financial institution …

In This Issue… From Adrian’s desk … ABA members find fed discount window “inefficient” Four bankers make up 2024 class for Oklahoma Bankers Hall of Fame OBA TikTok Time … 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 Oklahoma Bankers Hall of Fame inducted its 2024 class – its sixth – today at the Oklahoma History Center in Oklahoma City. The late Guy Berry III, with American Heritage Bank, in Sapulpa; Herschel Brewster, with Blue Sky Bank, in Weatherford; Brad Krieger, with Arvest Bank; and Gregg Vandaveer, with Sooner State Bank, Tuttle; make up the 2024 group. …

A federal judge in Texas has issued a preliminary injunction to block enforcement of the requirement for businesses to report their beneficial owners to the Financial Crimes Enforcement Network. The injunction comes less than a month before the requirement’s Jan. 1 deadline. It states covered companies nationwide do not need to comply with the Jan. 1 reporting deadline, unless a …

In This Issue… From Adrian’s desk … Thompson hired as OBA general counsel FDIC issues additional information on revised signage regulations OBA soliciting CD bids Holiday signs available; welcome to new strategic member, 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 …

In This Issue… From Adrian’s desk … State banking board approves reduction in 2025 assessments Bank fraud group schedule meetings for early December OBA offices closed Thursday, Friday for Thanksgiving 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! • …

Well, it’s finally over, the 2024 elections have come and gone and now we must look and see what the future looks like for our industry. You could argue the 2024 election cycle has been going on for nearly four years, I don’t know if we ever had a break. We’ll get into what we can almost expect to happen …

As this issue of Oklahoma Banker goes to press, the Republican Party emerged energized after the elections across the country on Nov. 5. Donald Trump won the presidential race over Vice President Kamala Harris. The Republican Party also regained control of the U.S. Senate, although the exact majority in the 100-person chamber was still unclear at press time. Control of …