The Oklahoma Bankers Hall of Fame will induct its first-ever class on Dec. 4 at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt will make up the inaugural class. If you are interested in attending the event, please RSVP by Nov. 21 to the OBA’s Nancy McKinnis …
November 2018
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November 8, 2018
Fed needing comments on real-time payments
The Federal Reserve Board of Governors published a notice on Oct. 3 asking for comment on actions the Fed could take to facilitate real-time interbank settlement of faster payments. The goal, according to the notice filed, is to “achieve ubiquitous, nationwide access to safe and efficient faster payments.” “Technology has changed everything,” said Esther George, president of the Federal Reserve …
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November 8, 2018
Oklahoma Bankers Hall of Fame inaugural class set for induction on Dec. 4
The Oklahoma Bankers Hall of Fame will induct its first-ever class on Dec. 4 at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt will make up the inaugural class. If you are interested in attending the event, please RSVP by Nov. 21 to the OBA’s Nancy McKinnis …
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November 6, 2018
Week of Nov. 5
In This Issue… • Sandy’s salutations • Could your bank take brief survey on armed guards/bank entrances? • CRA comments still needed • SBA proposes to eliminate poultry loans? • Oklahoma Bankers Hall of Fame ceremony set for Dec. 4 • OBA education corner …
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November 2, 2018
Info on ATM Cash-Out schemes
https://krebsonsecurity.com/2018/08/fbi-warns-of-unlimited-atm-cashout-blitz/#more-44642 https://krebsonsecurity.com/2018/07/hackers-breached-virginia-bank-twice-in-eight-months-stole-2-4m/ This FBI alert also contains specific recommendations for financial institutions to take action.
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November 2, 2018
Public service announcement on business email compromise.
PSA Video FBI press release
October 2018
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October 30, 2018
Week of Oct. 29
In This Issue… • Sandy’s salutations • CRA modernization: banker comments needed! • OBA joins ABA’s letter calling for CECL quantitative impact study • Payments system issues: Fed needs to hear from community banks • Bankers invited to Mix & Mingles with OSCPA • Oklahoma Bankers Hall of Fame ceremony set for Dec. 4 • OBA education corner …
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October 25, 2018
We need bankers to tell THEIR story
Once again, we’re reminding bankers at every level to respond to the federal banking agencies’ Advanced Notice of Proposed Rulemaking on the proposed suggestions for changing the rules around the Community Reinvestment Act. Tell Your Story. Pick one or two of the 31 questions contained in the ANPR request and tell the regulators about your experiences and what the response of the regulators …
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October 23, 2018
Week of Oct. 22
In This Issue… • We need you to tell YOUR story! • Inhofe to Mnuchin: Sub ‘S’ banks need clarity • ABA unveils new training for military veterans • OBA education corner …
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October 22, 2018
October 2018 OBA Legal Briefs
UTMA accounts Loans to minors SCRA update FCRA credit freeze update UTMA accounts By Pauli Loeffler In the September 2018 OBA Legal Briefs, I wrote about deposit accounts that can be opened for a minor as owner or co-owner. This month, we look at the other important account offering for minors, accounts opened under the Oklahoma Uniform Transfer to Minors …