Saturday, July 27, 2024

News

Banks notice rise in fraud, associated costs in 2021

According to a new survey from LexisNexis Risk Solutions, banks experienced more monthly fraud attacks in 2021 than the previous year. The data determined that the average number of monthly fraud assaults for banks with annual turnover of more than $10 million has climbed from 1,977 to 2,320 since 2020. To read the full report from LexisNexis, click here.

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FDIC chairperson announces resignation

FDIC Building

FDIC Chairperson Jelena McWilliams announced her resignation today via a letter to President Joe Biden. McWilliams, a Republican, was named the 21st chairperson of the FDIC in June 2018 after being appointed by then-President Donald Trump. Her official departure has been set for Feb. 4, with FDIC board member Martin Gruenberg reported to become acting chairman – his third stint …

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Week of Jan. 3

In This Issue… Bankers at the State Capitol: Register for OBA’s 2022 Contact Banker Program FDIC chairperson announces resignation OBA offers promotions for upcoming year OBA welcomes new strategic member OBA education corner … Bankers at the State Capitol: Register for OBA’s 2022 Contact Banker Program We have set the dates for the 2022 Contact Banker Program. Click here to …

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FDIC chairperson announces resignation

FDIC Chairperson Jelena McWilliams announced her resignation today via a letter to President Joe Biden. McWilliams, a Republican, was named the 21st chairperson of the FDIC in June 2018 after being appointed by then-President Donald Trump. Her official departure has been set for Feb. 4, with FDIC board member Martin Gruenberg reported to become acting chairman – his third stint …

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Week of Dec. 27

In This Issue… Fed releases National Small Business Lending Survey results OBA offices closed Friday for New Year’s holiday OBA education corner … Fed releases National Small Business Lending Survey results The Federal Reserve Bank of Kansas City last week released the results from the Third Quarter 2021 National Small Business Lending Survey. The quarterly survey of U.S. banks provides …

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Executive News: Celebrating our Hall of Famers

Early this month, the OBA hosted the third Oklahoma Bankers Hall of Fame Induction Ceremony. This year’s class included four bankers who have been – and still are – pillars in the bankin g industry, their communities and the state of Oklahoma. This class falls right in line with previous inductees with their storied history and contributions still being made …

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Hall of famers

By Payton Moody OBA Communications Intern It was a day that meant so much to bankers – a day to honor and celebrate their careers with friends and loved ones. The Oklahoma Bankers Hall of Fame ceremony is always a special occasion, and this year’s Dec. 2 event was no exception. Four bankers were inducted into the Hall of Fame, …

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Oklahoma banks post big profits for third quarter

Net income at Oklahoma banks increased by more than 50% overall from the second quarter to the third quarter of 2021. The FDIC’s latest Quarterly Banking Profile, which was released in late November, showed good news for Oklahoma banks. After reporting $999 million in profits through the end of the second quarter, Oklahoma commercial banks showed more than $1.5 billion …

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Merry Christmas, happy holidays from OBA!

The OBA staff wishes you and yours a merry Christmas and happy holiday season! Adrian Beverage | Joan Anderson | Jeremy Cowen | Elaine Dodd | Kathryn Donovan | Judy Hanna | Lea Ann Jackson | Debbie Leake-Morris | Megan McGuire | Nancy McKinnis | Payton Moody | Thi Pham | Janis Reeser | Niki Taylor | Sheila Wyatt

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Week of Dec. 20

In This Issue… Court lifts stay on COVID-19 vaccine mandate OBA offices closed Friday for holidays Deposit Insurance Fund remains on track for recapitalization OBA education corner … Court lifts stay on COVID-19 vaccine mandate Late last week, a panel within the Sixth Circuit Court of Appeals lifted a judicial stay of the COVID-19 vaccine mandate issued by the Occupational …

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