HMDA Analysis Personal Responsibility Forms Update HMDA Analysis By Andy Zavoina If your bank is a reporter under the Home Mortgage Disclosure Act (HMDA), you may well have some work to do if you have not already done some or all of this. On June 29, 2023, the Federal Financial Institutions Examination Council (FFIEC) announced the availability of data on 2022 mortgage …
October 2023
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October 10, 2023
Check out ABA’s Check Fraud Claim Directory
The ABA created the Check Fraud Claim Directory to help banks of all sizes resolve check fraud claims as efficiently as possible. The directory provides contact information for banks needing to file a check warranty breach claim with another financial institution. The directory is searchable by bank name, city, state or FDIC number so banks can easily find a person or email …
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October 10, 2023
Week of Oct. 9
In This Issue… From Adrian’s desk … Organizations urge Congress to extend New Markets Tax Credit Check out ABA’s Check Fraud Claim Directory OBA schedules Oktoberfest Golf Tournament 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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October 5, 2023
Results compiled from OBA’s recent FedNow survey
The results from the OBA’s FedNow survey, sent out to Oklahoma bank CEOs on Sept. 28, have been compiled. You can view them below: Q1: Has your bank already signed up for FedNow? Yes: 10 (14.3%) No: 60 (85.7%) (If “no” on Q1) Q2: Does your bank plan to sign up for FedNow before Dec. 31, 2023? Yes: 10 (17.5%) No: …
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October 3, 2023
Week of Oct. 2
In This Issue… From Adrian’s desk … Results compiled from OBA’s recent FedNow survey Fed vice chair: Rates might be held restrictive for foreseeable future Bank Performance Report, pre-orders for 2024 holiday signs now available OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to …
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October 2, 2023
Crowe, LLP
Crowe is the leading audit provider for publicly traded financial services firms in the United States. We are highly trained specialists with deep regulatory, process/operational, and technology experience/proficiency. Our insights, technologies, and methodologies are crafted out of the exact challenges you and your peers face. We pride ourselves on high performance and efficiency in conducting our services. Our clients see …
September 2023
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September 29, 2023
Inductees selected for Oklahoma Bankers Hall of Fame
The 2023 induction class for the Oklahoma Bankers Hall of Fame has been unveiled. Nevyle Cable, Jim Hamby, Harry Leonard and Ted McGuire will make up the 2023 class and officially be inducted on Dec. 7 at the Oklahoma History Center in Oklahoma City. • Nevyle Cable is the longtime president and CEO of First National Bank and Trust Co., in Okmulgee. He retired in …
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September 28, 2023
FedNow survey for banks
At the request of some of our board members, the OBA has put together a short (three questions) survey regarding the FedNow service. If you, or someone at your bank, could take this quick survey, it would help us answer some questions about how many are using the system and in what way. We will share the results in an …
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September 27, 2023
Twice as nice: double good news for bankers
The U.S. Senate Committee on Banking, Housing and Urban Affairs passed the SAFER Banking Act today, which protects financial institutions that provide banking and financial services to cannabis-related businesses. The vote marked the first time the Senate, in any form, has voted in favor of either the SAFER Banking Act, or its predecessor, the SAFE Banking Act. While there are still …
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September 26, 2023
OBA joins other banking associations urging rejection of credit card routing mandates
A proposed bill that would impose routing requirements on banks that issue credit cards is an anti-consumer, anti-competitive and cynical attempt by the largest global merchants and biggest grocery chains to obtain a subsidy for themselves, the OBA, American Bankers Association and 48 other state bankers associations said last week in a letter to House and Senate leaders. The Credit Card …