Oklahoma Bankers Association We make bankers better!
In This Issue… • Inaugural Oklahoma Bankers Hall of Fame class announced; event set for Dec. 4 • 2018 Washington Visit app available for download • OBA education corner …
September 2018
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September 20, 2018
Oklahoman story: Employers could face lawsuits with Oklahoma medical marijuana law
Many of our bankers have expressed concerns over the newly passed medical marijuana laws by Oklahoma. One of those concerns has to do with the issues of an employee who has a license for medical marijuana use. The Oklahoman ran an article today discussing those issues with the State Chamber of Oklahoma. You can read the article by clicking here …
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September 18, 2018
Week of Sept. 17
In This Issue… • 2018 OBA Washington Visit app available for download • Save the dates for upcoming major OBA events! • OBA education corner …
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September 13, 2018
September 2018 OBA Legal Briefs
Deposit accounts for minors HMDA filing update for small reporters Deposit accounts for minors By Pauli D. Loeffler We get a lot of emails and calls regarding minors as owners on accounts and UTMAs. There are various OBA Legal Briefs articles covering aspects of these accounts in piecemeal fashion, but some of them are not easy to locate, and there …
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September 12, 2018
Community Banks Advisory Council restructured
Earlier this year, the Bureau of Consumer Financial Protection fired the 19 members of the Community Banker Advisory Board created during the Richard Cordray era as required by Dodd-Frank. The Bureau then tried to re-create a smaller group in an effort to bring in more diverse views and exclude national advocacy organizations. The restructured CBAB is much smaller – seven …
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September 11, 2018
Week of Sept. 10
In This Issue… • 9/11 remembered today • Community Banker Advisory Council restructured; Oklahoma bankers’ applications rejected • Impact of new HMDA data: What does it mean? • OBA education corner …
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September 11, 2018
Executive News: What else should we be considering?
As I write this month’s column, OBA Chairman Sandy Werner and I are in Washington with the State Chamber for its Annual Washington Visit. The most “interesting” thing going on is we’re right in the middle of the Senate Judiciary Committee hearing to confirm Brett Kavanaugh’s nomination to the U.S. Supreme Court. I assure you, it is as chaotic and …
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September 11, 2018
Oklahoma, nation’s banks report earnings increases
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported aggregate net income of $60.2 billion in the second quarter of 2018, up $12.1 billion (25.1 percent) from a year ago. Oklahoma banks showed an increased of more than $100 million in the second quarter of 2018 compared to the same time period in 2017: from $593 …
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September 11, 2018
Bankers’ Night Out events set to start in September
The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. Specifically, this fall’s stops will focus on …
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September 6, 2018
Comment time extended for Volcker rule
Five federal financial regulatory agencies extended until Oct. 17, 2018, the comment period for a proposed rule to simplify and tailor compliance requirements for the “Volcker rule.” The Volcker rule generally restricts banking entities from engaging in proprietary trading and from owning or controlling hedge funds or private equity funds. With the extension, the Federal Reserve Board, the Commodity Futures …