News

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported aggregate net income of $59.1 billion in the fourth quarter of 2018, up $33.8 billion (133.4 percent) from a year ago. The improvement in net income was led by higher net operating revenue and lower income tax expenses. Financial results for the fourth quarter of 2018 are …

The 2019 Women in Banking Luncheon, set for March 28 in Oklahoma City, will feature guest speaker Natalie Bartholomew. Bartholomew, with Grand Savings Bank, launched the Girl Banker blog in November 2017 in hopes of creating a voice for women in banking and working moms. Also know as “The Girl Banker,” she will lead the empowering luncheon titled “Navigating Through …

In This Issue… • Rep. Perlmutter introduces banking marijuana bill: H.R. 2215 • OBA Bankers’ Night Out programs ready for spring • OBA education corner …

In This Issue… • Sandy’s salutations • OBA Board approves Nominating Committee for first vice chairman • Registration open for 2019 Community Bankers Leadership and Senior Management Conference • OBA Bankers’ Night Out programs ready for spring • OBA education corner …

In This Issue… • Treasury partially clarifies Subchapter ‘S’ deduction • House panel holds hearing on cannabis banking • Senate Banking Committee to look at housing finance reform plan • OBA education corner …

The headline above poses a good question. And my answer is, “I’m not sure.” What I do know is that in April, Gov. Fallin signed HB 2913, the “Oklahoma Industrial Hemp Agricultural Pilot Program,” into law, and that changes the landscape as to what banks may and may not do going forward. Honestly, I didn’t pay much attention at the …

Last month’s passage of the 2018 Farm Bill was a huge, bipartisan accomplishment, according to its supporters. Others? Maybe not so much. One of the things it did accomplish was decriminalizing hemp, which is technically identified as Cannabis sativa L. Again, a HUGE bipartisan accomplishment. Or not, depending on your view of what it means to “legalize” hemp. We’ve had …

In This Issue… • Credit card market continues expansion • Registration open for 2019 Community Bankers Leadership and Senior Management Conference • OBA Bankers’ Night Out programs ready for spring • OBA Intern Program looking for participating banks • OBA education corner …

In This Issue… • More information on ‘2nd Amendment auditors’ • Agencies issue final rule on private flood insurance acceptance • State associations, ICBA file amicus brief in credit union field of membership case • Industry stakeholders raise broad concerns about CECL at FASB forum • OBA education corner …

In This Issue… • OBA looking for in-house bank counsel for legislative review committee • Register for OBA’s 2019 Contact Banker Program • Registration open for 2019 Community Bankers Leadership & Senior Management Conference • OBA education corner …