Oklahoma Bankers Association We make bankers better!
In This Issue… From Adrian’s desk … OBA Emerging Leaders Academy accepting applications FDIC releases guidance on regulatory relief related to Oklahoma storms, tornadoes Bank Fraud Investigators Group meets Friday at OBA 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 …
June 2024
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June 19, 2024
Deadline extended to participate in salary survey
We want to extend our thanks to those who have already completed the annual salary survey. The deadline has been extended to July 5, so we continue to invite banks to join the 2024 Salary & Cash Compensation Survey! This survey collects data on salary and cash compensation (salary + annual cash incentive/bonus + commissions) for approximately 30 executive positions …
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June 18, 2024
Week of June 17
In This Issue… From Adrian’s desk … Bill introduced to change CFPB funding structure Deadline extended to participate in salary survey 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! • • • Today is …
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June 12, 2024
FinCEN releases BSA data for past year
The Financial Crimes Enforcement Network received approximately 4.6 million suspicious activity reports in fiscal year 2023, for an average of 12,600 reports a day, the agency said last week in its year-in-review report. The report provides an overview of FinCEN’s collection and use of Bank Secrecy Act data, including its work with law enforcement and national security agencies. Among other …
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June 12, 2024
Executive News: Legislative session rides roller coaster this year
The Second Regular Session of the 59th Oklahoma State Legislature finally came to an end – by later afternoon on May 30, both chambers had officially adjourned sine die. The legislature is constitutionally required to adjourn session by 5 p.m. on the last Friday in May. Rarely do they ever make it to the last day in the month, but …
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June 12, 2024
Oklahoma banks post gains in first quarter
Both total assets and total deposits increased at Oklahoma bankers during the first quarter of 2024. Total assets at at Oklahoma banks jumped from $152.8 billion at the end of 2023, to $155.4 by the end of the first quarter on March 31. Total deposits, meanwhile, also increased from $122 billion to $125.6 billion. Net income, however, was a bit …
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June 12, 2024
Agencies issue host state loan-to-deposit ratios
Federal bank regulatory agencies issued at the end of last month the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace those from May 2023. Oklahoma moved to 86% in the ratios released, a jump from the previous mark of 76%. Other …
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June 11, 2024
Week of June 10
In This Issue… From Adrian’s desk … FinCEN releases BSA data for past year Information security MAFIA meeting scheduled for Friday 2025 Oklahoma Views & Vistas Calendar available for early-bird orders 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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June 6, 2024
Jackpotting attacks on ATMs increase across country
The U.S. Secret Service is alerting financial institutions to an increase in ATM jackpotting attacks. ATM jackpotting attacks can cause significant loss, and a new type has been seen lately. On June 3, between 2:30-3:30 a.m., suspects in a light blue Chevy Cruze with a temporary tag expiring Aug. 1, 2024, attempted to conduct malware-style jackpotting attacks on drive-up ATMs …
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June 4, 2024
Jackpotting attacks on ATMs increase across country
The U.S. Secret Service is alerting financial institutions to an increase in ATM jackpotting attacks. ATM jackpotting attacks can cause significant loss, and a new type has been seen lately. On June 3, between 2:30-3:30 a.m., suspects in a light blue Chevy Cruze with a temporary tag expiring Aug. 1, 2024, attempted to conduct malware-style jackpotting attacks on drive-up ATMs …