A federal judge in Texas has issued a preliminary injunction to block enforcement of the requirement for businesses to report their beneficial owners to the Financial Crimes Enforcement Network. The injunction comes less than a month before the requirement’s Jan. 1 deadline. It states covered companies nationwide do not need to comply with the Jan. 1 reporting deadline, unless a …
December 2024
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December 3, 2024
Week of Dec. 2
In This Issue… From Adrian’s desk … Thompson hired as OBA general counsel FDIC issues additional information on revised signage regulations OBA soliciting CD bids Holiday signs available; welcome to new strategic member, endorsed vendor OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to …
November 2024
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November 26, 2024
Week of Nov. 25
In This Issue… From Adrian’s desk … State banking board approves reduction in 2025 assessments Bank fraud group schedule meetings for early December OBA offices closed Thursday, Friday for Thanksgiving 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 week! • …
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November 25, 2024
SW Graduate School of Banking
The SW Graduate School of Banking at SMU Cox educates and empowers bankers in all positions, other financial services professionals and affiliates, regulators, bank directors, and aspiring bank directors with knowledge and relationships that strengthen careers, organizations, and communities. CONTACT INFORMATION: Contacts: William T. Chittenden, Ph.D. President & CEO Email: wchittenden@smu.edu Phone: (214) 768-2995 Cell: (830) 305-3122 David Davis, COO …
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November 25, 2024
OBA Board info
Materials for the Nov. 25, 2024, meeting: Board Agenda Board Agenda Summary Exhibit A Exhibit B Exhibit C Exhibit D Entire packet as single file: Click here
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November 22, 2024
Treasurer’s office relaunches AGLink program
The Office of the Oklahoma State Treasurer announced the relaunch of the Agricultural Linked Deposit Program, an initiative designed to support Oklahoma’s farmers, ranchers and agricultural businesses. The program, which launched on Nov. 1, will provide financial assistance to at-risk farms and alternative agricultural ventures. Through the Agricultural Linked Deposit Program, eligible agricultural businesses can access lower-interest loans to sustain …
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November 20, 2024
Treasury Check Verification System gains new validation capability
The Treasury Department’s Bureau of the Fiscal Service implemented a new payee name validation capability within its Treasury Check Verification System application programming interface on Monday, according to a notice from the bureau. The change comes roughly a year after regulators tightened liability standards for Treasury check returns. TCVS is a tool that assists financial institutions with Treasury check verification. …
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November 20, 2024
November 2024 OBA Legal Briefs
Vulnerable Adult Abuse, Neglect and Exploitation Report Perfection of security interest Lien entries on vehicles, manufactured Semi-trailers Purchase Money Security Interest, blanket filing Questions from our members Reg E LLC documentation Initial ARM notice Reconsideration of Value Questions (see also December 2024 Legal Briefs) By Pauli Loeffler Vulnerable Adult Abuse, Neglect and Exploitation Report In the September 2023 OBA Legal …
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November 19, 2024
Week of Nov. 18
In This Issue… From Adrian’s desk … CFPB director argues for deposit insurance reform in wake of Lindsay bank failure Treasury Check Verification Systems gains new validation capability Treasurer’s office relaunches AGLink program Oklahoma Bankers Hall of Fame class set for induction OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random …
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November 18, 2024
GSB-Wisconsin offers Digital Banking School in 2025
The Graduate School of Banking in Madison, Wisconsin will hold its 2025 Digital Banking School in early March. Click here for more information!