Oklahoma Bankers Association We make bankers better!
Labor Day is close at hand … however, let’s talk about a few fraud trends and some training opportunities because we all know fraudsters capitalize on long weekends. Bankers are reporting seeing IRS and SSA wires, purportedly refunds and SSI payments, in large dollar amounts. Often starting as romance scams, these are being detected and returned by our savvy bankers. …
August 2023
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August 29, 2023
Week of Aug. 28
In This Issue… From Adrian’s desk … Fraud information … odds and ends Treasury Department, IRS offer digital asset regulations Oklahoma Bankers Hall of Fame accepting nominations – deadline Thursday! 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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August 24, 2023
FDIC publishes 2023 Risk Review
The FDIC last week published its 2023 Risk Review. The report summarizes conditions in the U.S. economy, financial markets and banking industry. The 2023 Risk Review provides a comprehensive summary of key developments and risks in the U.S. banking system, as in prior reports, and includes a new section focused on crypto-asset risk. The report focuses on the effects of key …
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August 24, 2023
Executive News: August recess leaves time to ponder Hill happenings
We’ve finally reached Aug. 1 and it means two things: The kids are about ready to go back to school and Congress is headed home for the month. We’ve finally reached the August recess; this is when legislators have the opportunity to spend an entire month back in their districts. We’ll be seeing a lot of town halls over the …
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August 24, 2023
Oklahoma Bankers Hall of Fame accepting nominations for 2023
The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2023 class; additionally, the process of selecting inductees has been updated. First, for those interested in nominating a banker, here are some downloadable forms on OBA.com – please return all nominations to Adrian Beverage (adrian@oba.com) by Aug. 31. Second, there is a new process for selecting the …
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August 24, 2023
Federal judge halts Section 1071 implementation
A Texas federal judge issued an order on July 31 for an injunction against the Consumer Financial Protection Bureau’s Section 1071 final rule. The injunction, which came at the request of the American Bankers Association, the Texas Bankers Association and McAllen, Texas-based Rio Bank, is ONLY for member banks of the ABA and/or TBA. Although both trade associations asked for …
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August 22, 2023
Week of Aug. 21
In This Issue… From Adrian’s desk … FDIC publishes 2023 Risk Review OBA Washington Visit ready for you to register Oklahoma Bankers Hall of Fame accepting nominations – deadline approaching! 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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August 21, 2023
Petroleum Alliance of Oklahoma hosts free program for bankers on navigating emissions reporting issues
The Petroleum Alliance of Oklahoma will host a free program on Wednesday about how bankers can navigate the emissions reporting conversation with their oil and gas customers. The Alliance is currently working on two fronts on ESG requirements: 1) Make sure new and proposed emissions regulations are workable and practicable, instead of unworkable and punitive … or potentially fatal to …
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August 16, 2023
OBA, other state bankers associations urge delay of Section 1071 implementation
The Consumer Financial Protection Bureau should extend a court-ordered stay of its Section 1071 final rule to cover all FDIC-insured banks while the U.S. Supreme Court considers a separate legal challenge concerning the bureau, the OBA and 49 other state bankers associations said last week in a letter to CFPB Director Rohit Chopra. A federal judge in Texas last week …
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August 14, 2023
Week of Aug. 14
In This Issue… From Adrian’s desk … OBA, other state bankers associations urge delay of Section 1071 implentation Hawaii Bankers Association launches wildlife disaster fund Oklahoma Bankers Hall of Fame accepting nominations for 2023 OBA Emerging Leaders Academy taking applications OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that …