Oklahoma Bankers Association We make bankers better!

November 2022

• November 3, 2022

  Fed raises rates another 75 basis points

  

  The Federal Open Market Committee today announced it would raise the target range for the federal funds rate to 3.75 to 4% – the sixth rate increase this year and the fourth time the Fed has raised the rate by 75 basis points. FOMC also reiterated that it believes ongoing increases will be necessary to help return inflation closer to …
• November 1, 2022

  Strategic Resource Management (SRM)

  SRM (Strategic Resource Management) has helped 1,000+ financial institutions add more than $5 billion of value to their bottom line in areas such as payments, digital transformation, core processing, digital assets, and overall operating efficiency. SRM has lowered costs, created revenue opportunities, increased productivity, and provided a competitive edge for clients in an environment of constant and accelerating change. Visit …
• November 1, 2022

  Week of Nov. 1

  In This Issue… Oklahoma Bankers Hall of Fame unveils 2022 inductees Bank commercials with college athletes? Why not! OBA education corner … Oklahoma Bankers Hall of Fame unveils 2022 inductees The OBA is proud to announce the group of inductees for the Oklahoma Bankers Hall of Fame, with the ceremony set for Dec. 8 in Oklahoma City. Dr. Sinclair Armstrong …

October 2022

• October 25, 2022

  Energy activity grows, albeit slower, in Fed’s Tenth District

  

  The Federal Reserve Bank of Kansas City released the third quarter Energy Survey last week, which revealed Tenth District energy activity grew solidly, while expectations for future activity eased somewhat. “Despite the pace of growth slowing slightly, District drilling and business activity remained solid in Q3,” said Chad Wilkerson, Oklahoma City Branch executive and economist. “Firms reported lower growth in …
• October 25, 2022

  Week of Oct. 24

  In This Issue… OBA Golf Tournament reschduled for Nov. 14; registration re-opened! Agencies announce threshold for smaller-loan exemption CFPB issues guidance to address junk data in credit reports OBA education corner … OBA Golf Tournament rescheduled for Nov. 14; registration re-opened! Due to adverse weather conditions, the OBA Oktoberfest Golf Tournament (previously set for Monday, Oct. 24) has been rescheduled …
• October 24, 2022

  Maxwell Supply

  Maxwell Supply Company is an industry-leading distributor because of our ability to deliver on promises, maintain products needed for the jobsite today and offer those products with competitive pricing with consistency.   Our team will work hard to earn your trust and establish long term and sustainable success.  We have stores located in Oklahoma City, Tulsa and Lawton, Oklahoma.  Delivery is …
• October 19, 2022

  Join us for OBA Bankers’ Night Out: Election edition

  

  Mark your calendars now! Join us for the first-ever OBA Election Recap Reception on Wednesday, Nov. 9 in Oklahoma City at The Capitol View Event Center. Catch up with your peers, enjoy a beverage and hear from Adrian Beverage. Less than 24 hours after the polls close, the OBA president and CEO will give his full election results breakdown and …
• October 18, 2022

  Week of Oct. 17

  In This Issue… Energy activity grows, albeit slower, in Fed’s Tenth District OCC releases interest rate statistics report OBA Oktoberfest Golf Tournament tees off next week OBA education corner … Energy activity grows, albeit slower, in Fed’s Tenth District The Federal Reserve Bank of Kansas City released the third quarter Energy Survey last week, which revealed Tenth District energy activity …
• October 17, 2022

  October 2022 OBA Legal Briefs

  Concerns about overdrafts and fees grow (Part 2) 2022 OK legislative changes A Reg O FAQ Concerns about overdrafts and fees grow — Part 2 By John S. Burnett In Part 1 of this article, I began a review of the FDIC’s August 18, 2022, “Supervisory Guidance on Multiple Re-Presentment NSF Fees,” issued with FIL-40-2022 (https://www.fdic.gov/news/financial-institution-letters/2022/fil22040.html). I ended Part 1 …
• October 12, 2022

  OBA Golf Tournament rescheduled for Nov. 14: Registration back open!

  Due to adverse weather conditions, the OBA Oktoberfest Golf Tournament (previously set for Oct. 24) has been rescheduled for Monday, Nov. 14.  Show off your golfing skills or simply join your banking peers as a social registrant at the 2022 OBA Oktoberfest Golf Tournament on Nov. 14 at River Oaks Golf Club in Edmond. The tournament fee is $150 and …