The OBA is currently experiencing issues with email to banks – and any other businesses – that use Proofpoint to identify spam email sources. At some point earlier this week, Proofpoint mislabeled the OBA’s IP address as being a spam risk and is blocking email to and from any of the OBA’s email addresses. If your bank or business uses …
February 2023
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February 1, 2023
New Report Finds Increase in DDOS Attacks Targeting the Financial Services Industry
The continual change of DDoS demonstrates how this is far from over. “Working with our sector’s critical providers like Akamai, who have first-hand knowledge of how DDoS is affecting the financial sector, enables us to arm our members with the understanding and guidance they need to better protect their firms and customers,” said Teresa Walsh, Global Head of Intelligence at …
January 2023
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January 30, 2023
Week of Jan. 30
In This Issue… ABA survey finds cybersecurity top risk priority for community banks OBA Bankers’ Night Out programs ready for spring Review your bank’s information for OBA directory – deadline this week! OBA education corner … ABA survey finds cybersecurity top risk priority for community banks Cybersecurity will be the top risk priority for most community banks over the next …
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January 26, 2023
January 2023 OBA Legal Briefs
Has your bank suddenly become a HMDA reporter? Minutiae matter Joint owners’ signatures on new joint accounts Has your bank suddenly become a HMDA reporter? By John S. Burnett A recent federal court decision has lowered the loan reporting threshold for closed-end mortgage loans under the Home Mortgage Disclosure Act-implementing Regulation C from 100 to 25 closed-end mortgage loans in …
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January 25, 2023
Participate in our director compensation survey
The OBA is partnering with Blanchard Consulting Group for the 2023 Director CompensationSurvey, which is currently open for participation! This survey only includes financial institutions and focuses on director compensation for 2022, including meeting fees, committee fees, retainers, equity, benefits and total director compensation. The survey also includes an assessment of chairperson fees and has ten director compensation trends questions. Data …
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January 24, 2023
Week of Jan. 23
In This Issue… ABA, ICBA: CFPB wants small bank input on credit card fee rules Participate in our director compensation survey Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program OBA Intern Program ready for 2023 OBA education corner … ABA, ICBA: CFPB wants small bank input on credit card fee rules The Consumer Financial Protection Bureau is …
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January 23, 2023
Women in Banking Luncheon Canceled
Due to the uncertain weather forecast, Tuesday’s Women in Banking Luncheon has been canceled. We apologize for the inconvenience and hope to see you soon. Stay warm.
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January 23, 2023
Bankers at the State Capitol: Register for OBA’s 2023 Contact Banker Program
We have set the dates for the 2023 Contact Banker Program. Click here to find a sign-up form with the dates for this year’s program. Please select dates that work best for you and return your form to megan@oba.com. Once we have the groups finalized, we will send an email confirmation for your date. On the date you select, there will be a short …
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January 20, 2023
Federal Housing Finance Agency issues advisory on mortgage servicing rights
The Federal Housing Finance Agency last week released an advisory on the valuation of mortgage servicing rights for managing counterparty credit risk. The notice is intended to communicate FHFA’s supervisory expectations for Fannie Mae and Freddie Mac “to establish and implement risk management policies and procedures for monitoring and valuing seller/servicers’ mortgage servicing rights.” This bulletin only applies to MSRs …
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January 17, 2023
Week of Jan. 17
In This Issue… Federal Housing Finance Agency issues advisory on mortgage servicing rights Review your bank’s information for OBA directory OBA education corner … Federal Housing Finance Agency issues advisory on mortgage servicing rights The Federal Housing Finance Agency last week released an advisory on the valuation of mortgage servicing rights for managing counterparty credit risk. The notice is intended …