Oklahoma Bankers Association We make bankers better!
Greetings from Guy By Guy Sims OBA Chairman Another interesting week in Washington politics. President Trump’s decision to negotiate a deal on the debt ceiling with leaders of the Democratic Party may be an indication of things to come. I get the feeling the president is looking for legislative wins and doesn’t care which political party delivers the win. Like …
September 2017
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September 6, 2017
September 2017 Legal Briefs
Lessons from the American Express settlement CFPB’s 2017 HMDA Rule amendments Forced-placement of flood insurance, with a twist Visa zero liability update
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September 5, 2017
Week of Sept. 5
Greetings from Guy By Guy Sims OBA Chairman I hope everyone had a great three-day weekend. My family started the weekend early attending the OSU game on Thursday evening. The weather and atmosphere was perfect for the home opener. Congratulations to both OSU and OU on great starts to the college football season. It doesn’t seem appropriate to be espousing …
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September 1, 2017
Oklahoma banks on pace for record profits
Through the first two quarters of the year, Oklahoma banks earned $720 million at the end of June 2017. Earnings to date are well ahead of bank earnings at this same point in 2016 and are $32 million ahead of the previous record year (2015). Total assets have grown to $114 billion (roughly $11 billion ahead of last year) while …
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September 1, 2017
OBA looking for help from banks for Harvey relief
An OBA Update late last month carried a report about a joint effort by the Texas Bankers Association and the Independent Bankers Association of Texas to help raise money for the Houston flood. The two banker advocacy groups expressed their heartfelt angst, thoughts and prayers for those communities that have been devastated by the recent hurricane. TBA and IBAT were …
August 2017
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August 28, 2017
Week of Aug. 28
Greetings from Guy By Guy Sims OBA Chairman From a banking standpoint, things are quiet in Washington – not only because of the August recess but also because the banking agenda is far down the list of priorities for the administration and Congress at this point. Somehow, we need to come up with a strategy to get our issues back …
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August 21, 2017
Week of Aug. 21
Greetings from Guy By Guy Sims OBA Chairman At the convention this spring, I was optimistic the community banking industry would be on offense by this point pushing for common-sense regulatory reform in Washington D.C. As it stands today, we’re not even on the field with our issues. The congressional calendar is full for the foreseeable future. Raising the …
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August 18, 2017
OBA’s op-ed on overdraft charges runs on NonDoc website
OBA President and CEO Roger Beverage recently crafted a well-worded rebuttal concerning overdraft fees in response to a recent article in Bloomberg’s Businessweek magazine. The rebuttal ran in today’s NonDoc news website as an op-ed piece from Beverage. You can visit the story by clicking here.
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August 14, 2017
Week of Aug. 14
Greetings from Guy By Guy Sims OBA Chairman Editor’s Note: Guy is out of town this week and will be back with his chairman update next week. In the meantime, however, enjoy a couple of photos he shared from his motorcycle trip to Sturgis during the past week! Back to top Operation Choke Point: to be or not to …
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August 9, 2017
OBA President/CEO offers rebuttal to Oklahoman overdraft article
The Oklahoman published an article in its business section on Tuesday, Aug. 8, discussing overdraft fees (you can read the article, behind a subscription paywall, by clicking here). OBA President and CEO Roger Beverage wrote a letter to the editor/op-ed piece in rebuttal to this story, explaining why banks have these overdraft fees and why they are necessary to the banking …