New year, new SAR Required year-end housekeeping FEMA NFIP snafu Residential appraisal threshold unchanged (yet) New year, new SAR By Andy Zavoina This time of the year many bankers are providing staff, management and their boards some annual updates and training. This may include security, Bank Secrecy Act and compliance topics. With recent events, one possible addition to what you …
February 2019
January 2019
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January 29, 2019
Week of Jan. 28
In This Issue… • More information on ‘2nd Amendment auditors’ • Agencies issue final rule on private flood insurance acceptance • State associations, ICBA file amicus brief in credit union field of membership case • Industry stakeholders raise broad concerns about CECL at FASB forum • OBA education corner …
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January 22, 2019
Week of Jan. 21
In This Issue… • OBA looking for in-house bank counsel for legislative review committee • Register for OBA’s 2019 Contact Banker Program • Registration open for 2019 Community Bankers Leadership & Senior Management Conference • OBA education corner …
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January 20, 2019
Three bankers make up inaugural class for Oklahoma Bankers Hall of Fame
The Oklahoma Bankers Hall of Fame inducted its first-ever class today at the Oklahoma History Center in Oklahoma City. Shawnee banker Larry Briggs, Altus banker Ken Fergeson and Oklahoma City banker Gene Rainbolt made up the inaugural group. The ceremony was hosted by the Oklahoma Bankers Association’s immediate past chairman, Guy Sims, who is also president/CEO/chairman of Shamrock Bank in …
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January 18, 2019
Oklahoma banks aiding federal employees during ongoing partial shutdown of federal government
Oklahoma banks have risen to the occasion in helping their customers, who are federal employees, during the current partial shutdown of the federal government. Banks across the state are either integrating a standard policy to aid customers who are federal employees with incomes directly impacted by the shutdown, or are helping on a case-by-case basis with those individuals. These efforts …
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January 16, 2019
Registration open for OBA 2019 Community Bankers Leadership and Senior Management Conference
The Oklahoma Bankers Association 2019 Community Bankers Leadership & Senior Management Conference is scheduled for April 7-9 at the Sheraton Grand at Wild Horse Pass in Phoenix, Arizona. This year’s conference features an exciting lineup of speakers, including the ABA’s Jim Chessen, GSB-Colorado’s Tim Koch, BankOnIT’s Sara Nielson, PCBB’s Doug Hensley, The Baker Group’s Dale Sheller, Equias Alliance’s Trey Deupree, …
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January 15, 2019
Week of Jan. 14
In This Issue… • Sandy’s salutations • ABA urges Trump, Congress to reopen government • De novo bank formation: FDIC requesting information • OBA looking for in-house bank counsel to serve on legislative review committee • Is your bank helping federal employees during shutdown? Let us know! • Register for OBA’s 2019 Contact Banker Program • OBA education corner …
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January 14, 2019
Executive News: Happy New Year!
We made it. I think. While 2018 was a great year in so many respects, it was maybe not so hot in others. Certainly, the passage of S. 2155 has to be on the top shelf where we keep track of “great” things. So does the appointment of Jelena McWilliams as chair of the FDIC and Joe Otting as the …
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January 14, 2019
State legislature set to begin in early February
The Oklahoma 56th Legislature will open for business on Monday, Feb. 4. It should be interesting, considering 46 members of the House (46 percent) are brand new. In addition, there are 11 new senators (out of 48, or 23 percent). According to our friends at the State Chamber of Oklahoma, 54 percent of the Senate is either new, elected in …
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January 14, 2019
Tulsa banker tabbed for state cabinet post
Gov. Kevin Stitt announced the appointment of Tulsa banker Sean Kouplen as the next secretary of Commerce and Workforce Development. Kouplen will serve in an unpaid capacity in the position. Kouplen will also continue his role as chairman and CEO of Regent Bank in Tulsa. Under Kouplen’s leadership, the bank has grown in size from $72 million to almost $600 …