Oklahoma Bankers Association We make bankers better!
In This Issue… • Sandy’s salutations • OBA raising money for Gov.-elect Stitt’s Inaugural Ball • Key Kansas City Fed supervisor to retire • Oklahoma legislature ready to start next month • Compliance Alliance hosting board of directors webinar • OBA education corner …
January 2019
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January 2, 2019
Week of Dec. 31
In This Issue… • Oklahoma Economist publication: Positive outlook for state in 2019 • Registration open for 2019 OBA Senior Management Conference • OBA education corner …
December 2018
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December 26, 2018
Week of Dec. 24
In This Issue… • Registration open for 2019 OBA Senior Management Conference • OBA raising money for governor’s Inaugural Ball • OBA education corner …
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December 26, 2018
OBA raising money for governor’s Inaugural Ball
Bankers have a chance to go together (or contribute directly) to our collective effort to raise at least $10,000 to show industry support for our new governor. This amount will help us sponsor a table at the Inaugural Ball to be held on January 14, 2019. Each contributing bank – as well as every bank that sponsors its own table …
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December 25, 2018
December 2018 OBA Legal Briefs
IOLTA accounts SCRA – What not to do Privacy – Reg. P update Notes on beneficial ownership IOLTA accounts By Pauli Loeffler Since July 1, 2004, the Oklahoma Supreme Court has required all attorneys and law firms in Oklahoma to set up mandatory Interest on Lawyers’ Trust Accounts (IOLTAs) with interest payable to the Oklahoma Bar Foundation, with a few …
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December 18, 2018
Week of Dec. 17
In This Issue… • Reminder about Gov.-Elect Stitt’s plans for inaugural festivities • FSOC to meet Wednesday, discuss CECL implementation • FDIC: CECL is no walk in the park • OBA education corner …
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December 17, 2018
Executive News: Merry Christmas
Each December I intentionally offend the “politically correct” crowd with this headline in my monthly column. If any one feels that way, my suggestion is simple: Get over it. We call it “Christmas” for a reason, Bucko, and it’s not because we’re celebrating “go-out-and-buy-as-much-stuff-as-you-can-and-give-it-to-family-and-friends” day. We’re celebrating the birth of our Lord and Savior, Jesus Christ. He is, after all, …
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December 17, 2018
Hall Headliners
The Oklahoma Bankers Hall of Fame inducted 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 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 …
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December 17, 2018
Banking industry continues success over third quarter
Recently, the FDIC released its third quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $62 billion, up $14 billion, or 29.3 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue plus a lower effective tax rate. According …
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December 17, 2018
Oklahoma banking industry continues record earnings pace in third quarter
Recently, the FDIC released its third quarter report showing FDIC-insured institutions reported aggregate net income in the amount of $62 billion, up $14 billion, or 29.3 percent, over last year at this point in the year. According to the agency, this increase in earnings came as a result of higher net operating revenue plus a lower effective tax rate. According …