In This Issue… • Answer leadership’s call: OBA Emerging Leaders Academy accepting applications • Deadline for nominations for Oklahoma Bankers Hall of Fame fast approaching • Emerging Leaders lunch-and-learn scheduled • OBA education corner …
June 2018
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June 25, 2018
June 2018 OBA Legal Briefs
• Deregulation is a reality • Consumer loan dollar amounts adjust July 1 Deregulation is a reality By Andy Zavoina On May 24, 2018, President Trump signed into law, the “Economic Growth, Regulatory Relief and Consumer Protection Act” (the “Regulatory Relief Act,” P. Law 115-174, formerly S. 2155). It eases some of the regulatory restrictions imposed since the financial crisis …
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June 21, 2018
Frauds popping up among Oklahoma banks
They’re back: BEC wire and ACH fraud. Not that they ever went away, but we are seeing a serious uptick in wire fraud that is impacting realtors and abstract companies. The numbers are large (just under $40,000 and just under $300,000, as two examples). Our bankers are doing callbacks as required but the realtors believe they have been given correct …
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June 19, 2018
Week of June 18
In This Issue… • Kraninger selected to lead Bureau of Consumer Financial Protection • RBSA/anti-money laundering bill introduced in House faces hurdles • Trio of Oklahoma bankers graduate from GSB-LSU • Bowman, Clarida nominations approved • Luetkemeyer seeks clarity on rule-making procedures • Banks’ economic impact in Oklahoma quantified • Frauds popping up among Oklahoma banks • OBA education corner …
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June 18, 2018
Help us help fellow banker get elected
An outstanding young banker – John Symcox – is running for the Oklahoma State Senate. Importantly, John is very familiar with your business and will be a huge asset for the industry. John is the Wealth Management Advisor at First Fidelity Bank, and we’re once again asking bankers across the state to support his candidacy. At this point in the …
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June 14, 2018
Help us help fellow banker get elected
Rarely, if ever, does the OBA send out an urgent request asking bankers to financially support political candidates. We wouldn’t ask if it’s not critically important, so you know this “ask” is important. Chuck Hall is the CEO of Exchange Bank in Perry and is running for State Senate District 20. This district includes Pawnee, Noble, Logan and most of …
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June 12, 2018
Week of June 11
In This Issue… • Reciprocal deposits: S. 2155 changes the landscape • ADA website accessibility • Marijuana and SQ 788 • Annual Washington Visit scheduled • Oklahoma Bankers Hall of Fame taking nominations for inaugural class • Oklahoma Public Resource Center requests proposals • OBA education corner …
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June 10, 2018
Executive News: Holy cow!
Assuming you read my column last month, you may recall that I shared a bit of my childhood about growing up a Harry Caray and Chicago Cubs fan. In the column I noted what got me so hooked on Harry – the way he described a home run. “There’s a drive to left field; it might be outta here; it …
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June 10, 2018
Community banking victory
By Jeremy Cowen Vice President/Communications Editor In what was a major win for the banking industry, as well as for banking customers across the country, the U.S. House of Representatives passed a regulatory relief package on May 22, which was signed into law by President Trump two days later. The bill, S. 2155 — Economic Growth, Regulatory Relief and Consumer …
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June 10, 2018
Oklahoma Bankers Hall of Fame taking nominations for introductory class
The Oklahoma Bankers Hall of Fame has been created by the OBA Board of Directors to honor individual bankers for their contributions to the banking industry and the State of Oklahoma. In addition, the Hall of Fame is intended to recognize bankers’ achievements on behalf of the Association’s member banks. Bankers make a difference in their communities every day. To …