On a vote of 67-31, the U.S. Senate passed its version of regulatory reform for traditional community banks. “This has been a tough fight,” OBA President and CEO Roger Beverage said. “We’ve been working on trying to shape a compromise for more than four years. Yesterday was a huge win for the banking industry, but especially for smaller community banks. …
March 2018
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March 14, 2018
Reg relief bill passes Senate — thank you Sens. Inhofe, Lankford!
THANK YOU Senators Jim Inhofe and James Lankford! Senators Inhofe and Lankford put people ahead of politics and voted YES for S. 2155, a bipartisan, commonsense bill to help traditional community banks all across Oklahoma and the country to better serve their customers and grow the economy. Thank you for showing America how Congress can work together to solve problems. …
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March 13, 2018
Week of March 12
In This Issue… • Greetings from Guy • Goings on with S. 2155 • OBA unveils new app for events, news alerts • OBA education corner …
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March 12, 2018
March 2018 OBA Legal Briefs
OBA website update, Legal Briefs and Legal Links Without the App, you can’t comply with HMDA A Revised USA PATRIOT Act/CIP Sign? HMDA Signage Correction Spirit and Intent, SCRA and BMW The Beneficial Ownership Rule UBO: How low do you go? OBA website update, Legal Briefs and Legal Links By Pauli D. Loeffler It has been more than a …
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March 11, 2018
Executive News: SO close – but still long way to go
As this issue of the Oklahoma Banker goes to press, the U.S. Senate is working through periodic floor statements relating to S. 2155. So far there are some 57 amendments that have been filed, and that does not include the Manager’s Amendment. The way the Senate works, the first hurdle was to get past a filibuster (60 votes required). The …
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March 11, 2018
Oklahoma banks set record for earnings in 2017
Congratulations Oklahoma bankers – collectively you set yet another industry earnings record in 2017! “We’ve been pointing out all year that the industry was on track to set another earnings record (in 2017),” OBA President and CEO Roger Beverage said. “Even though total industry earnings for all banks ($25.5 billion) were off by some $17.7 billion (41 percent) over last …
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March 11, 2018
Clear communication
By Jeremy Cowen Vice President/Communications Editor A quick visit to “OBA.com” or punching in “Oklahoma Bankers” in the iTunes or Google Play app stores will instantly let you know “what’s new?” with OBA communications. Your Oklahoma Bankers Association communications department has been hard at work keeping the Association at the forefront of communications technology by unveiling a completely redesigned OBA.com …
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March 9, 2018
Senate debates S. 2155; Check out Lankford’s incredible speech on Senate floor!
This week has borne witness to a sometimes comical, sometimes irritating debate on the Senate floor about a bill that will bring regulatory relief to community banks. Much of the opposition to this bill is being led by a former supporter of community banks – Sen. Elizabeth Warren (D-Mass.) – who keeps reading from a list of talking points that …
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March 8, 2018
Lankford urges Senate to pass Dodd-Frank reform legislature
Oklahoma Sen. James Lankford gave an impassioned plea on the Senate floor Thursday evening urging his colleagues to pass S. 2155, a bill meant to bring some regulatory relief to the country’s community banks. You can watch Lankford’s speech below:
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March 8, 2018
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