News

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 …

In This Issue… OBA scholarship available for incoming Oklahoma college students Participate in our director compensation survey OBA partners with ODP Business Solutions for association member discounts Welcome, new strategic member! OBA education corner … OBA scholarship available for incoming Oklahoma college students Each year, the OBA awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, …

The failure of Silicon Valley Bank this weekend has been well covered in the national media. Local media here in Oklahoma might want to “localize” the story and reach out to our member banks for comment. To assist our banks, we put together some quotes and talking points below they are free to use and share. Also, all our banks …