Oklahoma Bankers Association We make bankers better!
Greetings from Guy By Guy Sims OBA Chairman The past four weeks have been busy at the OBA. The Bankers’ Night Out series was held at six locations across the state, more than 70 Oklahoma bankers traveled to Washington for the annual congressional visit and several Oklahoma bankers attended the ABA convention in Chicago. This week will include GRC (Government …
October 2017
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October 18, 2017
Oklahoma Banking Code
2021 Banking Code Order Form (.pdf) Order online This annually revised desktop reference is a must for every bank, attorney and CPA. It contains: All the statutory provisions of the Banking Code; complete rules of the State Banking Board; legislative changes; Oklahoma Financial Privacy Act; Oklahoma Tax Commission; decedent account reporting statute; in-lieu tax provision; sale of checks act; branch banking …
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October 17, 2017
Week of Oct. 16, 2017
Greetings from Guy Is your bank open, closed on Veterans Day? OBA hosting technology conference in November OBA education corner …
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October 17, 2017
Open letter to Congress, Oklahoma delegation, from Oklahoma banker
I was recently in D.C. with 70 fellow bankers. During our visit, Rep. Lucas took time out of his busy schedule to meet with us for a few minutes. His dedication is greatly appreciated. During our visit, a hot topic was tax reform. As I understand it, the bill would have an easier road if it were revenue neutral. I …
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October 17, 2017
October 2017 OBA Legal Briefs
2017 Oklahoma Statutory Amendments Real Estate and Money Laundering FinCEN Revises Beneficial Ownership Certification Consumer Liability Under Regulation E
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October 17, 2017
Week of Oct. 16
Greetings from Guy By Guy Sims OBA Chairman Editor’s note: Guy, Roger Beverage and several other OBA-affiliated bankers are currently in Chicago at the ABA Annual Convention. While on the road, Guy shared this photo of speaker Michael Hayden, former director of the National Security Agency and the CIA, during his afternoon speech on “Hot Spots at Home and Around …
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October 13, 2017
OBA Washington Visit featured by State Banking Department
The recent OBA Annual Washington Visit was highlighted in the Oklahoma State Banking Department’s monthly newsletter for October. The newsletter mentioned our Oklahoma bankers made a “powerful statement with record attendance” during the Visit, and also pointed out how several OBA Emerging Leaders made the trip. Oklahoma State Banking Commissioner Mick Thompson joined the more than five dozen bankers on the annual …
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October 11, 2017
CFPB finalizes small-dollar lending rule
Last week, the Consumer Financial Protection Bureau released its final rule that covers generally the small-dollar lending market. Importantly, the final rule protects banks that make small-dollar “accommodation loans” to customers on an occasional basis. “The OBA challenged the complexity of the initial proposal in 2016 and its applicability to traditional community banks,” said OBA President Roger Beverage. “When we …
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October 9, 2017
ABA survey: Online, mobile are most popular banking channels
Forty percent of Americans manage their bank accounts online more frequently than any other method, according to a recent survey conducted by Morning Consult on behalf of the American Bankers Association. One in 4 consumers (26 percent) use their mobile devices most often to conduct their banking business, while 18 percent visit their bank’s branch the most frequently. “Since the …
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October 9, 2017
Tax reform outline released
Last week, the Trump administration and congressional leaders released news about a joint framework for tax reform that was (apparently) hammered together by White House insiders, the speaker and the president pro temp of the Senate. This outline provides a very general road map for the House Ways and Means Committee as the long-awaited tax reform package is finalized. Democrats …