HB 4092, Rep. Trey Caldwell’s state-level ACRE bill, passed the full House and is now headed to the Senate in the hands of Sen. Darcy Jech. We will keep you posted on this OBA-introduced bill and its progress through the process. Thank you to all who reached out and contacted your state representative about this important bill. More about HB 4092 (the …
March 2024
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March 8, 2024
Ask your state representative to vote ‘yes’ on ACRE Act
The ACRE Act (HB 4092) is up for a vote in the State House of Representatives any day now. We need your help! Please call your State Representative and ask them to vote YES on HB 4092. What does the ACRE Act actually do? • The ACRE Act will lower the cost of credit by removing the taxation on interest …
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March 6, 2024
OBA to recognize 50-year club inductees
The OBA is proud to promote the recognition of bankers who have devoted 50 or more years of service to the banking industry. All eligible nominees will be honored at the 2024 OBA Convention on May 13-15 at the Skirvin-Hilton in Oklahoma City. Click here to download a nomination form. If you have any questions, please contact Janis Reeser at 405-424-5252 …
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March 5, 2024
Week of March 4
In This Issue… From Adrian’s desk … OBA searching for general counsel Senior Management Conference slated for Vegas in early April OBA Bankers’ Night Programs ready for spring Welcome, new strategic members OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this …
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March 4, 2024
February 2024 OBA Legal Briefs
CFPB Proposes New NSF Fee Rule Overdrafts — Comments Requested Editor’s Note: We do not usually write about proposed rules in Legal Briefs because so much can change between publication of a proposal and issuance of a final rule. However, we believe that Oklahoma’s bankers need to know about both of the recent CFPB proposals discussed in this edition. CFPB …
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March 4, 2024
January 2024 OBA Legal Briefs
’Tis Still the Season — Security and Fraud Losses MLOs Hirable Now — Changes in Section 19 AI in Banking ’Tis Still the Season By Andy Zavoina Security and Fraud Losses The holiday season has ended and now it is all about the returns. Side note – it is a great time not to be working at Amazon. What does …
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March 1, 2024
Be aware of scams involving crytocurrency ATMs
OBA-member banks and banks across the nation are seeing an alarming increase in customers withdrawing large sums of cash and entering the cash into a local cryptocurrency ATM based on instructions received from a scammer. The Oklahoma Bankers Association urges our bankers to have conversations with their customers about these prolific scams. Bank employees should notify a supervisor when they …
February 2024
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February 29, 2024
Executive News: Oklahoma legislative session season starts
At noon, Monday, Feb. 5, the Oklahoma legislature convened for the Second Session of the 59th Legislature. The legislative session will run until 5 p.m. on the last Friday in May. There were over 3,000 bills introduced this session, that’s in addition to the hundreds of bills introduced last year that are eligible to be heard again. We have read …
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February 29, 2024
Trade associations file suit against bank regulators
The American Bankers Association, the U.S. Chamber of Commerce, Independent Community Bankers of America, Texas Bankers Association, Independent Bankers Association of Texas, Amarillo Chamber of Commerce and Longview Chamber of Commerce filed a lawsuit on Feb. 5 in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and capriciously …
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February 29, 2024
Hall Estill Attorneys at Law
One of Oklahoma’s most trusted law firms. Hall Estill delivers powerful results to its clients regionally, nationally and internationally including full service to the banking community. With a client-first mentality, providing friendly attentive service, we offer creative, cost-effective solutions from offices in Tulsa, Oklahoma City, Denver and NW Arkansas. CONTACT INFORMATION: Contact: Daniel J. Glover 100 N. Broadway Avenue, Suite …