News

In This Issue… From Adrian’s desk … OBA updating member database: needs help from banks! Hints can help customers understand they are affected by fraud ATM scams on uptick in Oklahoma CFPB updates small business lending rule filing instructions OBA Washington Visit nearing – hotel reservation deadline approaching! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA …

Last month when I finished my article, I immediately started thinking about my August column because it’s usually a little bit slower and quieter during the summer. While the summer months gives us an opportunity get caught up on projects and ready for the fall when things really start picking up, I always wonder what in the heck am I …

The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2024 class; additionally, a reminder the process of selecting inductees was updated for last year going forward. The deadline to submit a nomination is Aug. 31. First, for those interested in nominating a banker, there are some downloadable forms linked on the front page of OBA.com – …

The FDIC board voted 3-2 on July 30 to move forward with a proposed rule that would expand the definition of “deposit broker” to capture many deposit placement arrangements that currently do not meet the criteria for enhanced scrutiny under current regulation, such as sweep deposits and those related to financial technology and cryptocurrency. The proposal would amend a 2020 …

The second annual Fraud Prevention Conference was held in-person and virtually over three Fridays last month. Hosted by the FBI Oklahoma City Field Office, Oklahoma Insurance Department and Oklahoma County Sheriff’s Office, the Conference was helpful for financial institutions to understand many of the scams targeting their customers, particularly seniors. If you were unable to attend, we were able to …

In This Issue… From Adrian’s desk … ABA: CFPB rule could reduce credit availability for consumers Free webinar available on #BanksNeverAsk campaign Oklahoma Bankers Hall of Fame accepting nominations for 2024 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! …

As mentioned in the July 22 Weekly Update, Commercial New Account Fraud Rears Up in Oklahoma, watch for checks from the Inflation Reduction Act’s Discrimination Financial Assistance Program to be stolen from the mail system and deposited into new accounts opened for the purpose of committing fraud. The application period for the Inflation Reduction Act’s Discrimination Financial Assistance Program ended …

In This Issue… From Adrian’s desk … USDA Discrimination Financial Assistance checks targets of fraudsters Recordings of fraud prevention conference available OBA Washington Visit just around corner: Join your peers in D.C. this fall! Second-quarter bank reports now available OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might …

In This Issue… From Adrian’s desk … OBA co-sponsors upcoming financial crimes forum FinCEN issues guidance to bank customers on reporting rules Oklahoma Bankers Hall of Fame accepting nominations for 2024 Earlybird registration deadline looming for ABA convention OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be …

Show off your golfing skills or simply join your banking peers as a social registrant at the 2024 OBA Oktoberfest Golf Tournament on Oct. 21 at Belmar Golf Club in Norman. The tournament fee is $175 and the registration deadline is Oct. 14. The tournament will begin with registration and lunch. Immediately following the tournament, we will hold an awards …