News

Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …

We have finally reached our first deadline at the state legislature, and it couldn’t come fast enough. We started off the session tracking 678 bills, and after the deadline dust settled, we are down to 211 bills. All of the bills we have introduced made it past the deadline and are still alive. We will spend the next couple of …

The Oklahoma Bankers Association 2024 Senior Management Conference is scheduled for April 7-9 at the Waldorf Astoria in Las Vegas. This year’s conference features an exciting lineup of speakers on a range of topics, including fraud trends, secrets of high-performing banks, strategic planning for community banks, emerging cybersecurity threats and risks, the after-effects of the COVID pandemic and the changing …

The American Bankers Association, the U.S. Chamber of Commerce, Independent Community Bankers of America, Texas Bankers Association, Independent Bankers Association of Texas, among others, filed a lawsuit in February in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and capriciously with their recent amendments to the Community Reinvestment …

Federal Financial Institutions Examination Council member agencies are making several changes to the Uniform Bank Performance Report on or shortly after Monday, March 24. These changes are necessitated by the current expected credit losses methodology nomenclature changes to the March 2024 Call Reports, according to FFIEC.

In This Issue… From Adrian’s desk … Interested in leading our Emerging Leaders? Deadline to apply is March 31! State ag liens website updated FFIEC makes changes to Uniform Bank Performance Report OBA fraud department looking for photo assistance Bankers at state Capitol: Register for OBA’s 2024 Contact Banker Program OBA education corner … From Adrian’s desk … By Adrian …

Federal bank regulatory agencies jointly issued an interim final rule on Thursday that extends the applicability date of certain provisions in their Community Reinvestment Act final rule issued in October 2023. The agencies also requested comment on the extension. The agencies extended the applicability date of the facility-based assessment areas and public file provisions from April 1, 2024, to Jan. 1, 2026. …

The OBA is currently looking to fill the position of general counsel – our current legal staff remains available to assist our member bankers with their needs, however! As we search, however, we wanted our bankers to know that Pauli and the rest of our compliance staff are standing by to continue their great service! As for a new general …

In This Issue… From Adrian’s desk … OBA seeks general counsel; current legal staff still on duty to assist bankers! Bankers’ Night Out programs ready for spring OBA welcomes 50-Year Club nominations 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 …

The American Bankers Association joined the U.S. Chamber of Commerce and four business groups in filing a lawsuit in federal court on Thursday to challenge the Consumer Financial Protection Bureau’s new rule limiting credit card late fees. The plaintiffs are also seeking a preliminary injunction barring the bureau from implementing the new rule. Earlier last week, the CFPB issued a final rule …