Oklahoma Bankers Association We make bankers better!
The Oklahoma Bankers Association Directory of Banks is again being produced this year by NFR Communications. To best serve you, we want to include the most up-to-date and accurate information about your bank, your branches and your staff. However, we need your help. To ensure we are using the most accurate information, please follow the instructions provided in the letter …
January 2023
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January 11, 2023
Review your bank’s information for OBA directory
The Oklahoma Bankers Association Directory of Banks is again being produced this year by NFR Communications. To best serve you, we want to include the most up-to-date and accurate information about your bank, your branches and your staff. However, we need your help. To ensure we are using the most accurate information, please follow the instructions provided in the letter …
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January 11, 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 10, 2023
Week of Jan. 9
In This Issue… Bankers at the State Capitol: Register for OBA’s 2023 Contact Banker Program GSB scholarships available for 2023 OBA Intern Program ready for 2023 Review your bank’s information for OBA directory OBA partners with ODP Business Solutions for association member discounts 2023 holiday closing signs available from OBA OBA education corner … Bankers at the State Capitol: Register …
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January 8, 2023
Executive News: Looking ahead to new year
Happy new year and welcome to 2023! Last year was a whirlwind as the elections took center stage and legislative battles were a plenty. This year looks promising, if for no other reason there aren’t any major elections. Still, there will be plenty of talk about who is and who isn’t a viable candidate for the 2024 presidential election. I …
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January 8, 2023
Reg O relief extended for some companies
Federal banking agencies late last month extended by one year no-action relief under Regulation O for banks lending to investment fund-controlled companies under specific conditions. The relief was set to expire at the start of 2023 but has been pushed back to either Jan. 1, 2024, or the effective date of a final Federal Reserve rule revising Reg O. The …
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January 8, 2023
Agencies release thresholds for CRA regulations
The Federal Reserve Board and the FDIC announced in mid-December the 2023 updated asset-size thresholds used to define “small bank” and “intermediate small bank” under their Community Reinvestment Act regulations. Annual adjustments to these asset-size thresholds are based on the average change in the Consumer Price Index for Urban Wage Earners and Clerical Workers, which is a measure of inflation. …
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January 5, 2023
GSB scholarships available for 2023
Several scholarships are now available to bankers from OBA-member banks for various graduate schools of banking. Applications (other than for GSB-Colorado) should be submitted to the OBA’s Janis Reeser by email (janis@oba.com), regular mail (643 N.E. 41st St., OKC, 73105) or fax (405-424-4518). The scholarship recipients will be selected and announced no later than April 22. Click on the links …
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January 3, 2023
Week of Jan. 2
In This Issue… Treasury issues guidance on stock repurchase excise tax Happy New Year’s! OBA education corner … Treasury issues guidance on stock repurchase excise tax The Treasury Department last week issued initial guidance regarding a new annual excise tax that applies to repurchases of a publicly traded corporation’s stock that takes place after Dec. 31, 2022. The tax was …
December 2022
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December 28, 2022
December 2022 OBA Legal Briefs
Insider Abuses Insider Abuses By Andy Zavoina Bert Lance. Many, or most of you will not know that name, but all of you know Regulation O. Briefly, this reg was implemented to prevent bank directors, executive officers, and principal shareholders from benefiting from favorable credit terms and treatment in a bank. This group we refer to as “insiders” is not …