Thursday, January 2, 2025

News

More information given on EGRPRA process

During the OBA Washington Visit in September, the acting comptroller of the currency mentioned EGRPRA (The Economic Growth and Regulatory Paperwork Reduction Act), which elicited several questions from bankers. Ryan Portell, with the comptroller’s office, reached out to OBA Chair Alicia Wade late last week with some follow-up information. We’re sharing below what he had to say: The agencies have …

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Week of Oct. 7

In This Issue… From Adrian’s desk … More information given on EGRPRA process Counterfeit check scam targeting attorneys Agencies announce thresholds for consumer credit, upper-level mortgage loans 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! •        …

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Week of Sept. 30

In This Issue… From Adrian’s desk … Five bankers to make up 2024 class for Oklahoma Bankers Hall of Fame OBA schedules Oktoberfest Golf Tournament Salary survey results, ’25 OBA calendar available for purchase OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our …

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Four bankers to make up 2024 class for Oklahoma Bankers Hall of Fame

The Oklahoma Bankers Hall of Fame today announced the four bankers who will be inducted into its 2024 class later this year. 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 late …

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Changes coming to counterfeit currency reporting

Effective Nov. 1, the U.S. Secret Service will no longer accept electronic submissions of suspected counterfeit notes via the USDollars website. The Registration and Submission option will be removed and no longer available. Open electronic submissions entered prior to Nov. 1, will be available to previously registered users. After Nov. 1, USDollars will continue accepting bulk submissions from banks currently …

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Four bankers to make up 2024 class for Oklahoma Bankers Hall of Fame

The Oklahoma Bankers Hall of Fame today announced the four bankers who will be inducted into its 2024 class later this year. 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 …

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Week of Sept. 23

In This Issue… From Adrian’s desk … Changes coming to counterfeit currency reporting CFPB releases FAQ on buy now, pay later products 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! •        •         • Just …

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ABA, other associations seek adjustment in face-to-face requirement for borrowers in default

The Federal Housing Administration’s proposed implementation of a new rule removing the face-to-face meeting requirement for certain mortgagees could actually increase the complexity and risk of the borrower engagement process, the American Bankers Association and three associations said late last week in a joint letter to the agency. In August, FHA issued a final rule that made permanent a pandemic-related …

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Nondeductible portion of OBA dues calculated

The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2024. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …

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Executive News: State runoff elections prove every vote counts

As summer comes to a close, things are starting to heat up in both Washington, D.C., and in Oklahoma City. First, I want to bring you up to speed on what happened on Aug. 27 when the runoff elections were held, and what it means for our industry. This article will also serve as a reminder to go and vote …

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