Oklahoma Bankers Association We make bankers better!
The CEOs of the nation’s seven largest retail banks testified before the House Financial Services Committee last week in a hearing that touched on a wide range of topics, although high inflation and the Federal Reserve’s decision to once again raise the federal funds rate loomed large. During the six-and-a-half hour hearing, the executives fielded questions ranging from mortgage practices …
September 2022
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September 21, 2022
OBA hosts candidate forum
OKLAHOMA CITY — The Oklahoma Bankers Association hosted 16 candidates who will be on statewide ballots in November, including three gubernatorial opponents, at a forum during its monthly board meeting on Wednesday. The forum, which took place in the OBA’s Harris Event Center in Oklahoma City, was highlighted by the appearance of Gov. Kevin Stitt, and his Democratic opponent in …
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September 20, 2022
Week of Sept. 19
In This Issue… Legislators introduce House version of Durbin-Marshall bill Fed expected to get tougher on inflation OBA Oktoberfest Golf Tournament set for Oct. 24 OBA education corner … Legislators introduce House version of Durbin-Marshall bill Reps. Peter Welch (D-Vt.) and Lance Gooden (R-Texas) introduced on Monday a companion bill to the Credit Card Competition Act of 2022, a bill …
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September 19, 2022
September 2022 OBA Legal Briefs
Concerns about overdrafts and fees grow (Part 1) Repossessions and the SCRA Concerns about overdrafts and fees grow — Part 1 By John S. Burnett Regulators have run hot and cold on the topics of overdraft programs and associated fees for well over a decade. A few landmark issuances along that rocky road were: The 2005 Interagency Joint Guidance on …
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September 13, 2022
GSB-Wisconsin sets schedule for remainder of 2022 online seminars
The Graduate School of Banking at the University of Wisconsin has set its schedule for its online seminars for the remainder of the years. Click here to find out more about those in September and October. Click here to find out more about those in November and December.
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September 13, 2022
Week of Sept. 12
In This Issue… Agencies reaffirm commitment to Basel III standards OCC announces chief climate risk officer Deadline this week to apply for Emerging Leaders Academy OBA Oktoberfest Golf Tournament set for Oct. 24 Final week to order 2023 OBA calendars OBA welcomes new strategic member OBA education corner … Agencies reaffirm commitment to Basel III standards Federal bank regulatory agencies …
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September 9, 2022
Fed prepares for interest rate raise
Traders are expecting the Federal Reserve to raise interest rates at its meeting later this month. The possibility of a third straight three-quarter point hike looks to be high, according to stories in several media outlets. You can read one, via CNBC, by clicking here.
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September 8, 2022
OCC to lower assessments
The Office of the Comptroller of the Currency will lower assessments in 2023 as part of an effort to close the pricing differential between state and federal charter assessments, Acting Comptroller of the Currency Michael Hsu said last week during remarks to the Texas Bankers Association. Effective in March, the agency will make a 40% reduction in assessments for a …
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September 6, 2022
Week of Sept. 5
In This Issue… OCC to lower assessments ‘Banks are safe’ PSAs available from OBA OBA education corner … OCC to lower assessments The Office of the Comptroller of the Currency will lower assessments in 2023 as part of an effort to close the pricing differential between state and federal charter assessments, Acting Comptroller of the Currency Michael Hsu said last …
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September 6, 2022
Executive News: Looking back at runoffs; legislative, regulatory info
This is my favorite time of year. Hopefully, the temperature will start dropping, and most importantly, it’s college football season. We are one game into the season and both OU and OSU are undefeated and positioned to have great seasons. While fa ns of those schools get to enjoy victory after victory, I’ll be in the corner crying as Nebraska’s …