Oklahoma Bankers Association We make bankers better!
A recent easing in the rate of inflation hasn’t been enough to convince the Federal Reserve to reverse course on raising interest rates, with the Federal Open Market Committee likely to pursue a “restrictive policy stance for some time,” Fed Chair Jerome Powell said at a Jackson Hole, Wyoming, monetary policy conference last week. While higher interest rates and a …
August 2022
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August 30, 2022
Week of Aug. 29
In This Issue… Fed targets timing for FedNow launch Deadline week approaching for Emerging Leaders Academy OBA education corner … Fed targets timing for FedNow launch The Federal Reserve Banks have narrowed the timing of the FedNow Service launch to mid-year 2023, specifically targeting a production rollout of the service in the May to July timeframe. This further defines the …
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August 29, 2022
board psa links
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August 24, 2022
‘Banks are safe’ PSAs available from OBA
The Oklahoma Bankers Association has created “Banks are safe” public service announcements for its member banks ready for display at the bank or for insertions into local newspapers. These ads and – available at no cost to member banks – echo the Association’s successful “Nothing’s Safer Than Money In The Bank” public relations campaigns from the past two decades. “With …
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August 23, 2022
Week of Aug. 22
In This Issue… Banking groups rally against FDIC assessment fee raise ‘Banks are safe’ PSA available from OBA Deadline week to return Hall of Fame ballots Oklahoma delegation meetings set for 2022 Washington Visit Final week for special pricing on OBA calendars OBA education corner … Banking groups rally against FDIC assessment fee raise The American Bankers Association, the ICBA …
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August 16, 2022
‘Banks are safe’ PSAs available from OBA
The Oklahoma Bankers Association has created “Banks are safe” public service announcements for its member banks ready for display at the bank or for insertions into local newspapers. These ads and – available at no cost to member banks – echo the Association’s successful “Nothing’s Safer Than Money In The Bank” public relations campaigns from the past two decades. “With …
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August 16, 2022
Week of Aug. 15
In This Issue… Be sure to return your bank’s Hall of fame ballots Fed releases final guidelines for access to payments systems OBA Emerging Leaders Academy accepting applications Endorsed Partner Office Depot rebrands as ODP Business Solutions OBA education corner … Be sure to return your bank’s Hall of Fame ballots Your bank should have received – or will soon …
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August 12, 2022
CFPB warns non-bank financial businesses about data security
The Consumer Financial Protection Bureau published a circular on Aug. 10 explaining that non-bank financial firms – such as fintech companies and credit reporting agencies – may violate the Consumer Financial Protection Act’s prohibition on “unfair acts or practices” if they fail to protect sensitive consumer financial information. The circular notes that insufficient data protection may also violate the Gramm-Leach-Bliley …
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August 11, 2022
Executive News: Looking ahead to last-minute legislation
Well, here we are: In my opinion, this is the most dangerous time for any industry. We are within weeks of the first round of midterms for President Biden. History will tell you if Congress is controlled by the same party as the president, it will suffer a loss of congressional seats and usually control of the House. The current …
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August 11, 2022
‘Banks are safe’ PSAs available
The Oklahoma Bankers Association has created “Banks are safe” public service announcements for its member banks, both in advertising form as well as in story form, ready for display at the bank or for insertions into local newspapers. These free ads and stories echo the Association’s successful “Nothing’s Safer Than Money In The Bank” public relations campaigns from the past …