The Oklahoma Bankers Association’s primary role is to represent the interests of its member banks on public policy matters. This section aims not only to keep you informed about legislative matters affecting your bank, but to encourage greater banker involvement in the Association’s political action efforts. The Regulatory Feedback Initiative gives bankers a chance to comment anonymously about the bank’s examination process. …
November 2017
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November 24, 2017
More from OBA Fraud Prevention
Investigative Tools Our seasoned investigators can help you to utilize Fraud-Net for detection of current ongoing frauds involving use of counterfeit checks, identity theft and new account fraud. Utilizing and building on connections with law enforcement entities and prosecutors statewide will aid in the detection, deterrence and apprehension of violators. This, in tandem with our education programs should decrease your …
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November 24, 2017
OBA updates Oklahoma banking economic impact brochure
The OBA communications department recently updated its “Economic Impact Brochure” that breaks out how much Oklahoma-chartered banks mean to the economy of the state. The brochure, first created by the OBA communications department in 2013, was one of the first of its kind by a state or national bankers association, and has been used in OBA visits with government officials …
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November 23, 2017
OBA white paper explores credit union issue
The OBA completed a white paper study on the credit union issue.
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November 21, 2017
Week of Nov. 21
Greetings from Guy By Guy Sims OBA Chairman The House passed a tax reform bill Thursday and the Senate version is on a fast track for a vote before Christmas. Several Senate Republican have already come out against the Senate version of the bill and there is no support from Democrats at this point. Should the Senate pass the current …
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November 14, 2017
Week of Nov. 13
Greetings from Guy By Guy Sims OBA Chairman Tax reform bills have now been introduced in the House and the Senate. Both bills contain language not favorable for community banks with Sub S ownership structure. In addition, the House plan contains language that would be detrimental for deferred compensation plans. These two issues will have a damaging effect on many …
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November 7, 2017
Week of Nov. 6
Greetings from Guy By Guy Sims OBA Chairman Editor’s Note: Guy is currently on the road. In the meantime, Guy shared this photo from Las Vegas, where he is attending a conference. Back to top Regulatory Feedback Initiative continues We need you! Did your bank undergo an exam in 2017? We are rapidly approaching the end of another year. …
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November 6, 2017
November 2017 OBA Legal Briefs
“Legalese” for non-lawyers Required year-end housekeeping
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November 1, 2017
Republican House leaders draft tax reform legislation
On Nov. 2, House Republican leaders released a draft of tax reform legislation – the Tax Cuts and Jobs Act – that makes numerous changes to the tax code for corporations and individual taxpayers. The more than 400-page bill also includes a number of provisions that will have a direct and indirect effect on the banking industry. Among the key …
October 2017
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October 31, 2017
Week of Oct. 30
Greetings from Guy By Guy Sims OBA Chairman Another interesting week in politics, both at the state and national level. At the state capitol, the Republican-led House failed to pass a budget bill on Wednesday and failed to pass a budget bill out of committee on Friday. These two measures were the “brainchild” of Senate Republicans! The state budget issue …