Oklahoma Bankers Association We make bankers better!
Profit Resources, Inc. (PRI) enhances interchange income and debit card profitability, evaluates and negotiates system contracts, and completes process improvement throughout every area of the bank. PRI strengthens banks by making quantifiable improvements to profitability and efficiency while also specializing in merger integration. CONTACT INFORMATION: Contact: Brady Chianciola 320 S Madison Ave Monroe, GA 30655 Phone: (800) 576-2374 (413) 544-1584 …
November 2022
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November 28, 2022
Poll: Consumers value rewards programs when choosing banks
Nearly one in four respondents said in a recent survey they would switch or have switched banks because another bank offered a cashback or rewards program, or offered a better version of a rewards program than their current bank. Rewards program platform provider Wildfire Systems commissioned a survey of more than 1,000 U.S. consumers on their attitudes toward cashback and …
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November 23, 2022
Happy Thanksgiving from the OBA staff!
Happy Thanksgiving from our staff to yours, from all our families to yours! The OBA offices will be closed starting Wednesday afternoon through Friday for the holiday. We will reopen at our regular time on Nov. 28. Have a happy Thanksgiving!
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November 22, 2022
Week of Nov. 21
In This Issue… State Banking Board approves 50% reduction in 2023 assessments Arkansas representative pushes FDIC on re-presented transactions Oklahoma Bankers Hall of Fame induction ceremony set for Dec. 8 OBA education corner … State Banking Board approves 50% reduction in 2023 assessments The Oklahoma State Banking Board voted unanimously at its November meeting to reduce the assessments paid by …
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November 21, 2022
State Banking Board approves 50% reduction in 2023 assessments
The Oklahoma State Banking Board voted unanimously at its November meeting to reduce the assessments paid by Oklahoma state-chartered banks. The 2023 assessment rate was discounted 50% for each bank with assets less than $1 billion and 25% for each bank with assets more than $1 billion. During the meeting held Nov. 16, State Banking Commissioner Mick Thompson explained how …
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November 17, 2022
Gruenberg nominated to head FDIC again
President Joe Biden announced his intent this week to nominate Martin Gruenberg to serve as chair and member of the board of directors of the Federal Deposit Insurance Corporation. Gruenberg is currently acting chairman and member of the board of directors of the FDIC. He joined the FDIC Board of Directors in August 2005 and has served as vice chairman, …
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November 15, 2022
Week of Nov. 14
In This Issue… Gruenberg nominated to head FDIC again Oklahoma Bankers Hall of Fame induction ceremony set for Dec. 8 Oklahoma Bar Association issues IOLTA Rule clarification OBA education corner … Gruenberg nominated to head FDIC again President Joe Biden announced his intent this week to nominate Martin Gruenberg to serve as chair and member of the board of directors …
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November 14, 2022
Four bankers inducted into Oklahoma Bankers Hall of Fame
The Oklahoma Bankers Hall of Fame inducted its 2022 class – its fourth ever – today at the Oklahoma History Center in Oklahoma City. Dr. Sinclair Armstrong Jr., with Armstrong Bank in Muskogee; Shirley Barber, a longtime banker with Security State Bank in Cheyenne; Robert H. Croak, with FNB Community Bank in Midwest City; and the late John Massey, with …
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November 14, 2022
CFPB issues bulletin charting consumer cryptoasset complaints
The Consumer Financial Protection Bureau released a new bulletin last week highlighting complaints the agency has received related to cryptoassets. Consumers most commonly reported being victimized by fraud, theft, account hacks and scams. Consumers also had issues with executing transactions and transferring assets between exchanges, while others had issues accessing account funds due to platform failures, identity verification issues, security …
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November 10, 2022
OBA golf tournament canceled
First rain, now snow. Due to the weather, the OBA Oktoberfest Golf Tournament scheduled for Nov. 14 has been CANCELED. Your registration fees will be refunded. Save the date: Please plan to play in the OBA spring golf tournament on Monday, May 8 at Belmar Golf Club in Norman. This event is held in conjunction with the 2023 OBA Convention.