News

This week’s American Banker magazine features an article written by Cam Fine, president and CEO of the Independent Community Bankers of American. Fine recently announced his retirement and penned this article as his goodbye to Washington, D.C. ‘Don’t let the bastards get you down’: Cam Fine says goodbye to D.C. I came to Washington, D.C., from Missouri’s capital city, Jefferson …

In This Issue… • Greetings from Guy • Still no word from Hensarling • House passes Volcker Rule bill • 2018 OBA Convention coming in May • Agencies propose phase-in for regulatory capital effects of CECL • Kansas bank commissioner nominated to Fed board • 2018 edition of OBA Directory of Banks now available • OBA education corner …

The 2018 OBA Annual Convention & Trade Show is coming soon, set for May 21-23 at the Hard Rock Hotel & Casino in Catoosa. This year’s convention theme is “Answer the C.A.L.L. (community/advocacy/leadership/legacy). Lt. Col. Robert Darling, a retired member of the U.S. Marine Corps., who served in the first Gulf War and supported the president in the President’s Emergency …

Due to the uncertainty surrounding the teacher walkout, the OBA Women in Banking Day at the Capitol, scheduled for April 17, has been canceled. We apologize for any inconvenience. If you have any questions, feel free to contact the OBA education department.

FinCEN (Financial Crimes Enforcement Network) recently released an updated version of its Frequently Asked Questions (FAQ) outline in an effort to assist bankers as they prepare for the May 11 deadline. These expanded due diligence requirements are intended to find out who is really the controlling force of various businesses with which the bank does business, including corporations and limited …

Each year, the Oklahoma Bankers Association 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 …

As this issue of the Oklahoma Banker goes to press, we’re no further along than we were last month on getting regulatory relief for traditional community banks over the goal line. But it’s not without hope. I think. The delay is being caused by Rep. Jeb Hensarling (R-Texas), who chairs the House Financial Services Committee. I’m told he has 30 …

The 2018 OBA Annual Convention & Trade Show is coming soon, set for May 21-23 at the Hard Rock Hotel & Casino in Catoosa. This year’s convention theme is “Answer the C.A.L.L. (community/advocacy/leadership/legacy). Lt. Col. Robert Darling, a retired member of the U.S. Marine Corps., who served in the first Gulf War and supported the president in the President’s Emergency …

In a letter to the speaker of the House of Representatives and the minority leader in the House, the Oklahoma Bankers Association joined the other state bankers associations urging for swift passage of the community bank regulatory relief bill, S. 2155. “We thought it was important to make certain House leadership on both sides of the aisle be aware of …

In This Issue… • CRA changes recommended • Beneficial ownership FAQs • Board nominees selected for consideration by membership • OBA education corner …