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 …
May 2023
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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 323 West Broadway Enid, OK 73701 Phone: (580) 234-0436 …
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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 …
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May 12, 2023
Check out our 2023 Convention Photos
We had a good time at convention! We hope you did, too! Check out a random smattering of photos from our convention below! You can also CLICK HERE to see ALL of the photos we collected from convention via a Dropbox folder!
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May 11, 2023
Miss our convention? Check out our opening video!
Did you miss our convention this week? Well, we missed you! We’ll have more photos and such to share with everyone in the upcoming days. Until then, quench your convention thirst with a peek at our opening session video featuring “family photos” of several banks in the state! Many thanks to all the banks who submitted photos for the project!
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May 11, 2023
Executive News: State legislative session nears finish line
We are six weeks out from the end of the legislative session which means we are two weeks away from what is often referred too as the “silly season.” The last four weeks of session is when bills come out of nowhere, and it seems, at times, like there aren’t any rules. I don’t necessarily intend to speak negatively of …
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May 11, 2023
New OBA fraud training video available
The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It is still critically important, however, our banks train for the “when” and not “if” as the safety of all our bankers and customers is a primary goal. The OBA has created an updated training video via Zoom, which features …
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May 11, 2023
OBA Convention lands in Norman
The 2023 OBA Convention and Trade Show will make its appearance in early May when it will be held on May 8-10 at the Embassy Suites in Oklahoma City. This year’s theme is centered around the Oklahoma Bankers Association and Oklahoma banking family. The OBA and its member banks constitute a family … and the family is made up of …