(includes updated time) CFPB Director Kathy Kraninger will make her first visit to Oklahoma City on Nov. 14 to do a number of things, which includes a briefing with OBA-member banks. The meeting will be held at 10:30 a.m. on Thursday, Nov. 14 in the conference room at Valliance Bank, which is located at 1601 NW Expressway, Oklahoma City, OK …
Read More »News
Week of Nov. 4
In This Issue… CFPB director to meet with OBA-member banks CFPB to host symposium on Sec. 1071 of Dodd-Frank Federal regulators release compliance guide for CBLR Gender diversity is hot topic OBA hosting meet-and-greet with Rep. Mullin on Friday OBA education corner …
Read More »OBA hosting meet-and-greet with Rep. Mullin
The OBA is hosting a meet-and-greet with Rep. Markwayne Mullin from 11:30 a.m.-12:15 p.m. on Nov. 8 at the OBA offices in Oklahoma City. All bankers and any guests they would like to bring are invited. No RSVP is necessary, but if you have any questions, please contact Adrian Beverage (adrian@oba.com) at the OBA.
Read More »USDA issues interim final rule on hemp production
(Information courtesy of ABA) The U.S. Department of Agriculture on Tuesday issued an interim final rule establishing new regulations and procedures for the legal production of industrial hemp, as required by the 2018 Farm Bill. The Farm Bill reclassified hemp as a legal agricultural commodity, but questions remained, including those related to banks’ ability to serve hemp producers and hemp-related …
Read More »Five bankers inducted into Oklahoma Bankers Hall of Fame as 2019 class
The Oklahoma Bankers Hall of Fame inducted its 2019 class – its second ever – today at the Oklahoma History Center in Oklahoma City. John V. Anderson, with F&M Bank; the late Clark and Wanda Bass, with First National Bank & Trust Co., in McAlester; Oklahoma State Banking Commissioner Mick Thompson; and the late Morrison Tucker, a longtime prominent Oklahoma …
Read More »Oklahoma Bankers Hall of Fame ceremony set for Dec. 5
The Oklahoma Bankers Hall of Fame will induct its second-ever class on Dec. 5 at the Oklahoma History Center in Oklahoma City. John V. Anderson, with F&M Bank in Crescent; Mick Thompson, with the Oklahoma State Banking Department; Clark and Wanda Bass, with First National Bank & Trust Co., in McAlester; and Morrison Tucker, a longtime Oklahoma City banker, will …
Read More »Week of Oct. 28
In This Issue… Survey: People remain highly satisfied with their bank Oklahoma Bankers Hall of Fame ceremony set for Dec. 5 OBA hosting meet-and-greet with Rep. Mullin OBA education corner …
Read More »Executive News: Onward to Senate
In spite of all of the impeachment noise late last month, the industry was successful in obtaining passage of the Secure and Fair Enforcement Banking Act (the SAFE Act) by a strong bipartisan vote: 323-101. While far from perfect, the SAFE Act is at least a step in the right direction for the industry. While I would have preferred different …
Read More »Hall of Fame inductees unveiled
The OBA is proud to announce the group of inductees for the Oklahoma Bankers Hall of Fame, with the ceremony set for Dec. 5 in Oklahoma City. John V. Anderson, with F&M Bank in Crescent; Mick Thompson, with the Oklahoma State Banking Department; Clark and Wanda Bass, with First National Bank & Trust Co., in McAlester; and Morrison Tucker, a …
Read More »New language in Act seeks parity for banks, credit union
Section 2821 of the National Defense Authorization Act for the 2020 fiscal year includes a significant change that means a more-level playing field between banks and credit unions located on military installations. The issue has to do with how banks are now required to compete with credit unions on military bases and posts beyond their tax-exempt status. Credit unions currently …
Read More »