News

The Oklahoma Bankers Hall of Fame will induct the four bankers who we re selected for its 2024 class in early December. Guy Berry III, Herschel Brewster, Brad Krieger, and Gregg Vandaveer will make up the 2024 class. The inductees were selected by a panel of bankers from across the state, and were voted on late last week. The induction …

The Office of the Oklahoma State Treasurer announced the relaunch of the Agricultural Linked Deposit Program, an initiative designed to support Oklahoma’s farmers, ranchers and agricultural businesses. The program, which launched on Nov. 1, will provide financial assistance to at-risk farms and alternative agricultural ventures. Through the Agricultural Linked Deposit Program, eligible agricultural businesses can access lower-interest loans to sustain …

The Treasury Department’s Bureau of the Fiscal Service implemented a new payee name validation capability within its Treasury Check Verification System application programming interface on Monday, according to a notice from the bureau. The change comes roughly a year after regulators tightened liability standards for Treasury check returns. TCVS is a tool that assists financial institutions with Treasury check verification. …

In This Issue… From Adrian’s desk … CFPB director argues for deposit insurance reform in wake of Lindsay bank failure Treasury Check Verification Systems gains new validation capability Treasurer’s office relaunches AGLink program Oklahoma Bankers Hall of Fame class set for induction OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …

In This Issue… From Adrian’s desk … Survey: Consumers think Congress should hold credit unions accountable ABA pushes FCC for action on illegal texts Be aware of fraudulent emergency data requests 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 American Bankers Association and a group of trade associations appealed a recent Texas federal court decision holding that the Consumer Financial Protection Bureau’s Section 1071 final rule did not exceed the bureau’s authority or violate the APA. The associations also moved the Fifth Circuit for a stay pending appeal. Section 1071 of the Dodd-Frank Act amended the Equal Credit …

In This Issue… From Adrian’s desk … ABA appeals Section 1071 ruling Oklahoma Bankers Hall of Fame Class set for induction 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! •        •         • I’m on …

We wanted to pass along another warning to our banks about how ATM jackpotting continues to be a problem in our area of the country and remains a serious threat. Jackpotting is gaining traction as ATMs in Van Buren, Arkansas, and Alma, Arkansas, were hit on Saturday These attacks allow the suspect to dispense cash from the ATM, without using …

Just a quick little message to let our members know invoices for our annual dues will be sent out at the beginning of November. Each bank CEO, as well as the bank’s cashier, will receive a copy of the invoice. If you have any questions, don’t hesitate to drop us a line!

In This Issue… From Adrian’s desk … Jackpotting problem continues OBA dues invoices to be sent later this week Deposits at all institutions should be treated equally Holiday closing signs available for banks OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of …