News

The dates for the OBA Bankers’ Night Out programs have been finalized, with the Enid date coming soon. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition to …

In This Issue… Fed releases toolkit on synthetic identity fraud Review your bank’s information for upcoming Directory of Banks OBA offers Office Depot discount program OBA welcomes new strategic members OBA education corner … Fed releases toolkit on synthetic identity fraud Synthetic identity fraud, a method where fraudsters create new identities out of pieces of real or fictitious information, has …

Each year, the OBA awards a $1,000 scholarship to an incoming freshman who has a parent, grandparent, sibling or spouse who is a Professional Member of the Association. The student must enroll in an accredited Oklahoma institution of higher education. The applicant must also be graduating from an Oklahoma high school. A panel of bankers will select the winning applicant. …

In This Issue… Alvidrez takes over as OBA chair 2022 OBA college scholarship available OBA education corner … Alvidrez takes over as OBA chair We want to inform our membership that, as of today, Amada Alvidrez is current acting chair of the OBA. Alvidrez is regional retail manager of Equity Bank in Guymon and had been currently serving as OBA …

Image credit: Claude AI Info Given the omnipresent concern about cyber attacks targeting the banking industry, the FDIC, OCC and Federal Reserve recently published a new joint final rule establishing enhanced security incident notification requirements for banking organizations and their service providers. The final rule is designed to improve the sharing of information about cyber incidents that may impact the nation’s banking …

  In This Issue… CFPB updates list of ‘rural or underserved’ counties for 2022 Compliance Update seminars in Oklahoma City rescheduled Review your bank’s information for upcoming OBA directory 2022 holiday closing signs available for purchase Bankers at the state capitol: Register for OBA’s 2022 Contact Banker Program OBA welcomes new strategic member OBA education corner … CFPB updates list …

Due to the winter storm expected in our state, this week’s Compliance Update seminars in Oklahoma City have been rescheduled. The new date for the seminars is Thursday, Feb. 17, with the location still being the Harris Event Center at the OBA offices in Oklahoma City. If you have any questions about this change, don’t hesitate to contract the OBA’s …

Happy new year and welcome to 2022! I would encourage you to buckle up, as it looks like it’s going to be a busy year. I expect Washington to be as crazy as ever with possibly the most significant midterm election that we’ve seen in decades. Let’s not lose sight of everything that you as an industry accomplished in 2021. …

FDIC Chairperson Jelena McWilliams announced her resignation on Dec. 31 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 …

With the expiration of coronavirus-related relief provided under the CARES Act, the community bank leverage ratio will revert to a minimum of 9% starting on Jan. 1, 2022, the banking agencies said in late December. Banking organizations that elect the CBLR framework on their March 31, 2022, call reports will be subject to the requirement. “The community bank leverage ratio …