Oklahoma Bankers Association We make bankers better!
The FBI Oklahoma City Field Office, Oklahoma Insurance Department and Oklahoma County Sheriff’s Office are holding their second annual Fraud Prevention Conference virtually over three days in July. The conference will be held from 9 a.m.-noon on July 12, July 19 and July 26. The OBA’s Sharon Lewis will be one of the speakers on July 19. This conference is …
July 2024
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July 2, 2024
June 2024 OBA Legal Briefs
Bankers’ FAQs Changes in UCCC amounts effective 7/1/24 ATMs and the FDIC’s new Advertisement of Membership Rule Bankers’ FAQs By Pauli Loeffler Some of the questions submitted to the OBA’s Compliance team are asked with some frequency by our members. We’ve gathered some of these questions and responses to assist you when similar situations present themselves. Altered check, indorsement claim …
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July 2, 2024
Week of July 1
In This Issue… From Adrian’s desk … FHFA, CFPB update mortgage origination data Oklahoma agencies to host virtual Fraud Prevention Conference Deadline approaching to participate in salary survey OBA TikTok Time … 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 …
June 2024
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June 25, 2024
Week of June 24
In This Issue… From Adrian’s desk … OBA Emerging Leaders Academy accepting applications FDIC releases guidance on regulatory relief related to Oklahoma storms, tornadoes Bank Fraud Investigators Group meets Friday at OBA 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 …
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June 19, 2024
Deadline extended to participate in salary survey
We want to extend our thanks to those who have already completed the annual salary survey. The deadline has been extended to July 5, so we continue to invite banks to join the 2024 Salary & Cash Compensation Survey! This survey collects data on salary and cash compensation (salary + annual cash incentive/bonus + commissions) for approximately 30 executive positions …
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June 18, 2024
Week of June 17
In This Issue… From Adrian’s desk … Bill introduced to change CFPB funding structure Deadline extended to participate in salary survey 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! • • • Today is …
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June 12, 2024
FinCEN releases BSA data for past year
The Financial Crimes Enforcement Network received approximately 4.6 million suspicious activity reports in fiscal year 2023, for an average of 12,600 reports a day, the agency said last week in its year-in-review report. The report provides an overview of FinCEN’s collection and use of Bank Secrecy Act data, including its work with law enforcement and national security agencies. Among other …
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June 12, 2024
Executive News: Legislative session rides roller coaster this year
The Second Regular Session of the 59th Oklahoma State Legislature finally came to an end – by later afternoon on May 30, both chambers had officially adjourned sine die. The legislature is constitutionally required to adjourn session by 5 p.m. on the last Friday in May. Rarely do they ever make it to the last day in the month, but …
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June 12, 2024
Oklahoma banks post gains in first quarter
Both total assets and total deposits increased at Oklahoma bankers during the first quarter of 2024. Total assets at at Oklahoma banks jumped from $152.8 billion at the end of 2023, to $155.4 by the end of the first quarter on March 31. Total deposits, meanwhile, also increased from $122 billion to $125.6 billion. Net income, however, was a bit …
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June 12, 2024
Agencies issue host state loan-to-deposit ratios
Federal bank regulatory agencies issued at the end of last month the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace those from May 2023. Oklahoma moved to 86% in the ratios released, a jump from the previous mark of 76%. Other …