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The Financial Stability Board earlier this month issued a progress report on its work to implement its roadmap for addressing climate-related financial risk. Specifically, the report noted that significant progress has been made toward establishing global baseline climate reporting standards, with the newly established International Sustainability Standards Board issuing exposure drafts addressing climate and general sustainability-related disclosure statements. Click here …
July 2022
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July 19, 2022
Week of July 18
In This Issue… OBA Emerging Leaders Academy now accepting applications Annual Washington Visit set for Oklahoma bankers OBA education corner … OBA Emerging Leaders Academy now accepting applications Take note the OBA 2022-23 Emerging Leaders Academy is currently accepting applications. We’re looking for the best and brightest bankers who seek to sharpen their leadership skills. The Academy will help you reach new …
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July 13, 2022
ABA survey: Three trends driving change in bank marketing
A recent American Bankers Association survey of bank marketing leaders reveals several important organizational shifts are underway within bank marketing departments. First, it’s clear that banking is following in the footsteps of other industries in terms of broadening its marketing focus from its historical brand communications origins to also include data and technology-driven campaigns to drive revenue. And the role …
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July 12, 2022
Executive News: Primaries (almost) wrap up across state
We have all survived the June 28 primaries and the last-minute onslaught of television ads as well as dreading the mail every day knowing it will be full of political pushcards. Don’t get too comfortable – We have numerous run-off elections that will be held on Tuesday, Aug. 23. While there won’t be as many races on Aug. 23, there …
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July 12, 2022
Oklahoma becomes title-holding state
Effective July 1, Oklahoma became a title-holding state. The Oklahoma Tax Commission on June 7 sent the OBA the below “MEMO” with information. The OTC held several training sessions during the past month, to help bankers and others get acclimated to the changes. We have slides and videos related to these sessions, available on the front page of OBA.com. MEMO …
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July 12, 2022
OCC: Banks ready for economy issues
Banks’ financial conditions are strong and they continue to be ready to “deal with the economic headwinds arising from geopolitical events, higher interest rates and increased inflation,” according to the OCC’s Semiannual Risk Perspective report for spring 2022 issued late last month. The report addresses key topics facing banks, focusing on those that pose threats to safety and soundness and …
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July 12, 2022
Week of July 11
In This Issue… Kansas City Fed president cautions on changing rates Oklahoma Bankers Hall of Fame nominations deadline this week Convention dates, location set for 2023! OBA salary compensation survey deadline this week; special pricing continues for OBA calendar OBA education corner … Kansas City Fed president cautions on changing rates Federal Reserve Bank of Kansas City President Esther George …
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July 11, 2022
OCC: Banks ready for economy issues
Banks’ financial conditions are strong and they continue to be ready to “deal with the economic headwinds arising from geopolitical events, higher interest rates and increased inflation,” according to the OCC’s Semiannual Risk Perspective report (.pdf) for spring 2022 issued late last month. The report addresses key topics facing banks, focusing on those that pose threats to safety and soundness …
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July 6, 2022
Debit, credit cards still king among payment methods
Debit and credit card transactions continue to lead the way in payments transactions over digital payments alternatives, according to recent research published by J.D. Power. Across all age groups of U.S. consumers in the last three months, 32% turned to their debit card most frequently to pay and 28% used their credit card. Trailing behind cards were ATM withdrawals (12%), …
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July 5, 2022
Week of July 4
In This Issue… Basel releases second consultation on regulatory treatment of cryptoassets Annual Washington Visit set for Oklahoma bankers OBA Emerging Leaders Academy now accepting applications OBA education corner … Basel releases second consultation on regulatory treatment of cryptoassets The Basel Committee on Banking Supervision issued its second consultation on the regulatory treatment of digital assets, including cryptocurrencies, on June …