April 2024

  • April 9, 2024

    Week of April 8

    In This Issue… From Adrian’s desk … Better Together: OBA convention open for registration! Select your OBA Emerging Leaders chair FDIC releases new financial inclusion strategic plan 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! •        …

  • April 5, 2024

    Select your Emerging Leaders Division Chair

    The OBA has heard from bankers interested in serving as chair of the Emerging Leaders Division. This position is open to any OBA Emerging Leaders who are currently enrolled in OBA Emerging Leaders Academy or had previously graduated from an OBA Leadership Academy. The Emerging Leaders chair will serve a two-year term and will work closely with OBA staff to …

  • April 5, 2024

    Publicize your promotions, hires!

    The OBA runs a monthly “Oklahoma Bankers” feature in its newspaper where promotions and hires from member banks are highlighted. While the submissions seem to come in giant clumps during parts of year, forcing some to be pushed back a couple or even three months to be published, we appear to be between said “giant clumps.” Now is the time …

  • April 5, 2024

    OBA, ABA, other state associations ask CFPB to stop overdraft proposal

    Warning that “consumers will lose” if the CFPB’s overdraft proposal is finalized, the OBA, American Bankers Association and all 51 other state bankers associations urged the Consumer Financial Protection Bureau via a joint comment letter on Monday to withdraw it. The proposal would re-classify overdraft as “credit,” despite Congress’ determination 50 years ago to the contrary, and would permit financial institutions to offer overdraft …

  • April 2, 2024

    Week of April 1

    In This Issue… From Adrian’s desk … OBA, ABA other state associations ask CFPB to stop overdraft proposal Preliminary injunction issued against new CRA rules Publicize your promotions/hires! Welcome new strategic members, 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 our …

March 2024

  • March 30, 2024

    Preliminary injunction issued against new CRA rules

    A federal judge in Texas issued a preliminary injunction on Friday against the enforcement of revised rules implementing Community Reinvestment Act. The American Bankers Association, the Independent Community Bankers of America, the U.S. Chamber of Commerce, the Texas Bankers Asociation, alongside three other national and state associations, sued banking agencies in February for exceeding their statutory authority with their recent amendments to …

  • March 29, 2024

    Nominations open for OBA Board, first vice chair

    Pursuant to Section 5.4 of the bylaws of the Oklahoma Bankers Association, this Banker Direct will serve as official notice of the process of selecting members of the board of directors of the Association. There are six board nominating committees, each of which will select a banker to replace the board member whose term on the OBA’s board will expire …

  • March 29, 2024

    Executive News: Legislative issues abound at state, federal levels

    We have finally reached our first deadline at the state legislature, and it couldn’t come fast enough. We started off the session tracking 678 bills, and after the deadline dust settled, we are down to 211 bills. All of the bills we have introduced made it past the deadline and are still alive. We will spend the next couple of …

  • March 29, 2024

    OBA Senior Management Conference set for Vegas

    The Oklahoma Bankers Association 2024 Senior Management Conference is scheduled for April 7-9 at the Waldorf Astoria in Las Vegas. This year’s conference features an exciting lineup of speakers on a range of topics, including fraud trends, secrets of high-performing banks, strategic planning for community banks, emerging cybersecurity threats and risks, the after-effects of the COVID pandemic and the changing …

  • March 29, 2024

    Trade associations file suit against regulators for CRA amendments

    The American Bankers Association, the U.S. Chamber of Commerce, Independent Community Bankers of America, Texas Bankers Association, Independent Bankers Association of Texas, among others, filed a lawsuit in February in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and capriciously with their recent amendments to the Community Reinvestment …