News

The report is generated from seven large banks representing 22% of all outstanding residential mortgages. Shows a decrease in foreclosures for the quarter but an increase from the previous year. Servicers initiated 9,166 new foreclosures in the fourth quarter, a decrease from the prior quarter but up from a year ago. Mortgage Metrics Report: Share of performing mortgages rises in …

Pursuant to Article V, Section 5.4 of the By Laws of the OBA, notice is hereby given of the slate of nominees that have been selected by each of Board’s nominating committees to serve a three-year term on the Board of Directors. The slate of nominees will be considered by the membership on May 9 at the annual meeting and …

The U.S. banking system remains the deepest and most resilient in the world, and the diversity of banks serving communities across the country continues to be a source of strength for the nation’s economy, the OBA, the American Bankers Association and 50 other state bankers associations said last week in a letter to congressional leaders. The groups noted that while the …

The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It is still critically important, however, our banks train for the “when” and not “if” as the safety of all our bankers and customers is a primary goal. The OBA has created an updated training video via Zoom, which features …

In This Issue… Deposit fund assessment proposal likely happening North Carolina bank assumes deposits, loans of Silicon Valley Bridge Bank We are family: OBA convention open for registration! OBA Bankers’ Night Out programs start this week OBA education corner … Deposit fund assessment proposal likely happening The FDIC estimates the cost of resolving Silicon Valley Bank will likely be $20 …

The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It is still critically important, however, our banks train for the “when” and not “if” as the safety of all our bankers and customers is a primary goal. The OBA has created an updated training video via Zoom, which features …

March is the time of year we have hopefully started the transition from the cold and wintry weather to warmer weather and a quiet storm season. We are living through a similar transition at the state capitol. Thursday, March 2, was the first legislative deadline of this year’s session, and it couldn’t get here fast enough. There are so many …

Oklahoma’s commercial banks saw a decrease in net income earnings in the fourth quarter from the fourth-quarter mark from last year, according to the FDIC’s Quarterly Banking Profile. The Quarterly Banking Profile was released at the end of February and showed mixed news for both the state’s banks and the nation’s. Oklahoma banks saw their net income increase from $1.3 …

In This Issue… New fraud training video available from OBA HUD to reinstate 2013 disparate impact rule Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program OBA education corner … New fraud training video available from OBA The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It …

As we head into the weekend, we wanted to give our members a short roundup of information and stories from this week surrounding the failure of Silicon Valley Bank. • U.S. Treasury Secretary Janet Yellen reassured markets and lawmakers at a Senate Finance Committee on Thursday the federal government is committed to protecting U.S. bank deposits. • Oklahoma Sen. James …