Federal bank regulatory agencies issued 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 June 2022. Oklahoma moved to 76% in the ratios released. Other neighboring states were as follows: Arkansas — 72%. Colorado — 65%. Kansas …
June 2023
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June 6, 2023
Week of June 5
In This Issue… White House eyeing ‘appraisal bias’ in real estate valuations ABA seeks nominations for 2023 Emerging Leaders Awards 2023 OBA Directory of Banks available for purchase Welcome, new strategic members OBA education corner … White House eyeing ‘appraisal bias’ in real estate valuations Six federal regulatory agencies last week requested public comment on a proposed rule to regulate …
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June 5, 2023
Annual Washington Visit set for Oklahoma bankers
The OBA’s Annual Washington Visit has been scheduled for Sept. 24-26 and the hotel will be The Mayflower Hotel. We challenge you to join the “Race to 100.” We’re striving for 100 bankers in D.C. for the 2023 OBA Washington Visit. We are still finalizing the exact times but know we will meet with the following: ABA, Federal Reserve, FinCEN, …
May 2023
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May 30, 2023
Week of May 29
In This Issue… Annual Washington Visit set for Oklahoma bankers OBA co-hosting fraud prevention conference OCC revises bank enforcement manual, details actions for banks with ‘persistent weaknesses’ OBA education corner … Annual Washington Visit set for Oklahoma bankers The OBA’s Annual Washington Visit has been scheduled for Sept. 24-26 and the hotel will be The Mayflower Hotel. We challenge you …
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May 24, 2023
OBA schedules Oktoberfest Golf Tournament
Show off your golfing skills or simply join your banking peers as a social registrant at the 2023 OBA Oktoberfest Golf Tournament on Oct. 23 at River Oaks Golf Club in Edmond. The tournament fee is $150 and the registration deadline is Oct. 20. The tournament will begin with registration and lunch. Immediately following the tournament, we will hold an …
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May 24, 2023
FDIC updates guidance on multiple re-presentment NSF fee
The FDIC has updated its Supervisory Guidance on Multiple Re-Presentment NSF Fees to clarify its supervisory approach for action when a law is violated. Since the issuance of the Supervisory Guidance on Multiple Re-Presentment NSF Fees, steps financial institutions have taken to remediate consumer harm associated with re-presentment fees have provided the FDIC with additional data about the amount of …
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May 24, 2023
ABA joins Texas lawsuit to block CFPB’s Section 1071 rule
The American Bankers Association has joined a lawsuit filed by the Texas Bankers Association and McAllen, Texas-based Rio Bank challenging the Consumer Financial Protection Bureau’s final rule implementing Section 1071 of the Dodd-Frank Act. ABA president and CEO Rob Nichols made the announcement of his association joining the legal fight during the TBA’s annual convention in San Antonio late last …
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May 23, 2023
Week of May 22
In This Issue… ABA joins Texas lawsuit to block CFPB’s Section 1071 rule Agencies issues host state loan-to-deposit ratios OBA education corner … ABA joins Texas lawsuit to block CFPB’s Section 1071 rule The American Bankers Association has joined a lawsuit filed by the Texas Bankers Association and McAllen, Texas-based Rio Bank challenging the Consumer Financial Protection Bureau’s final rule …
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May 15, 2023
Gungoll, Jackson, Box & Devoll, P.C.
Gungoll, Jackson, Box & Devoll, P.C., provides a full range of legal services to financial institutions, including, title opinions, foreclosures, commercial loan documentation, debt collection, trust administration, and litigation. CONTACT INFORMATION: Contact: Erin J. Rooney or Vance T. Nye 4747 Gaillardia Parkway, Suite 100 Oklahoma City, OK 73142 Phone: (405) 272-4710 Email: Rooney@GungollJackson.com Email: Nye@GungollJackson.com Website: https://www.gungolljackson.com/
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May 15, 2023
Week of May 15
In This Issue… FDIC issues proposed rule on special assessment Nominees selected for Fed board Revisit our convention with photos, opening video OBA education corner … FDIC issues proposed rule on special assessment The Federal Deposit Insurance Corporation Board of Directors last week approved a notice of proposed rulemaking, which would implement a special assessment to recover the cost associated …