Saturday, July 27, 2024

March 2019

  • March 14, 2019

    Banking industry continues strong reports in fourth quarter

    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 …

  • March 14, 2019

    OBA Women in Banking luncheon in March

    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 …

  • March 11, 2019

    Week of March 11

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

  • March 4, 2019

    Week of March 4

    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 …

  • March 4, 2019

    February 2019 OBA Legal Briefs

    TILA-RESPA FAQs Service member complaints Authorized signers 2nd Amendment Auditors TILA-RESPA FAQs By Andy Zavoina In early February 2019 the Consumer Financial Protection Bureau (Bureau) released four Frequently Asked Questions pertaining to integrated disclosures under Truth in Lending and the Real Estate Settlement Procedures Act (TILA-RESPA or TRID). It starts with the standard disclosure that there is no substitute for …

February 2019

  • February 21, 2019

    Taylor Direct Consulting, LLC

    By   blending   cooperation   and   competition, Taylor Direct Consulting, LLC teams up with strategic partners and companies that might otherwise be our competitors to create new business solutions for community banks. Sometimes it simply makes good sense to work together alongside other experts.  Specializing in Loan Review Services and Enforcement Action Compliance, our other offerings include Appraisal Review, Training, and various …

  • February 19, 2019

    Week of Feb. 18

    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 …

  • February 15, 2019

    Executive News: Hemp legalization: Where are we?

    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 …

  • February 15, 2019

    Understanding current process for growing hemp

    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 …