Oklahoma Bankers Association We make bankers better!
The Oklahoma Bankers Hall of Fame inducted its 2024 class – its sixth – today at the Oklahoma History Center in Oklahoma City. The late Guy Berry III, with American Heritage Bank, in Sapulpa; Herschel Brewster, with Blue Sky Bank, in Weatherford; Brad Krieger, with Arvest Bank; and Gregg Vandaveer, with Sooner State Bank, Tuttle; make up the 2024 group. …
December 2024
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December 4, 2024
Judge issues injunction blocking enforcement of beneficial ownership reporting rule
A federal judge in Texas has issued a preliminary injunction to block enforcement of the requirement for businesses to report their beneficial owners to the Financial Crimes Enforcement Network. The injunction comes less than a month before the requirement’s Jan. 1 deadline. It states covered companies nationwide do not need to comply with the Jan. 1 reporting deadline, unless a …
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December 3, 2024
Week of Dec. 2
In This Issue… From Adrian’s desk … Thompson hired as OBA general counsel FDIC issues additional information on revised signage regulations OBA soliciting CD bids Holiday signs available; welcome to new strategic member, endorsed vendor OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to …
November 2024
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November 26, 2024
Week of Nov. 25
In This Issue… From Adrian’s desk … State banking board approves reduction in 2025 assessments Bank fraud group schedule meetings for early December OBA offices closed Thursday, Friday for Thanksgiving 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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November 25, 2024
Executive News: Elections are (almost) over … now fun begins
Well, it’s finally over, the 2024 elections have come and gone and now we must look and see what the future looks like for our industry. You could argue the 2024 election cycle has been going on for nearly four years, I don’t know if we ever had a break. We’ll get into what we can almost expect to happen …
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November 25, 2024
SW Graduate School of Banking
The SW Graduate School of Banking at SMU Cox educates and empowers bankers in all positions, other financial services professionals and affiliates, regulators, bank directors, and aspiring bank directors with knowledge and relationships that strengthen careers, organizations, and communities. CONTACT INFORMATION: Contacts: William T. Chittenden, Ph.D., President & CEO Email: wchittenden@smu.edu Phone: (214) 768-2995 Cell: (830) 305-3122 David Davis, COO …
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November 25, 2024
Signs o’ the times
As this issue of Oklahoma Banker goes to press, the Republican Party emerged energized after the elections across the country on Nov. 5. Donald Trump won the presidential race over Vice President Kamala Harris. The Republican Party also regained control of the U.S. Senate, although the exact majority in the 100-person chamber was still unclear at press time. Control of …
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November 25, 2024
Hall of Fame class set for ceremony
The Oklahoma Bankers Hall of Fame will induct the four bankers who we re selected for its 2024 class in early December. Guy Berry III, Herschel Brewster, Brad Krieger, and Gregg Vandaveer will make up the 2024 class. The inductees were selected by a panel of bankers from across the state, and were voted on late last week. The induction …
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November 22, 2024
Treasurer’s office relaunches AGLink program
The Office of the Oklahoma State Treasurer announced the relaunch of the Agricultural Linked Deposit Program, an initiative designed to support Oklahoma’s farmers, ranchers and agricultural businesses. The program, which launched on Nov. 1, will provide financial assistance to at-risk farms and alternative agricultural ventures. Through the Agricultural Linked Deposit Program, eligible agricultural businesses can access lower-interest loans to sustain …
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November 20, 2024
Treasury Check Verification System gains new validation capability
The Treasury Department’s Bureau of the Fiscal Service implemented a new payee name validation capability within its Treasury Check Verification System application programming interface on Monday, according to a notice from the bureau. The change comes roughly a year after regulators tightened liability standards for Treasury check returns. TCVS is a tool that assists financial institutions with Treasury check verification. …