Oklahoma Bankers Association We make bankers better!
2024 Oklahoma Legislation – Part II More Deceased Customer Q&As 2024 Oklahoma Legislation – Part II Oklahoma Uniform Directed Trust Act of 2024 Oklahoma Trust Act (Amended) – Title 60 O.S. §§ 175.01 – 175.57 (Effective 11/1/2024) Registration and Pre-Registration – Transfer of License Plates – Contracts and Agreements for Electronic System – Title 47 O.S. § 1111.2 (Effective 9/1/2024) …
September 2024
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September 19, 2024
ABA, other associations seek adjustment in face-to-face requirement for borrowers in default
The Federal Housing Administration’s proposed implementation of a new rule removing the face-to-face meeting requirement for certain mortgagees could actually increase the complexity and risk of the borrower engagement process, the American Bankers Association and three associations said late last week in a joint letter to the agency. In August, FHA issued a final rule that made permanent a pandemic-related …
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September 19, 2024
Nondeductible portion of OBA dues calculated
The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2024. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …
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September 17, 2024
Executive News: State runoff elections prove every vote counts
As summer comes to a close, things are starting to heat up in both Washington, D.C., and in Oklahoma City. First, I want to bring you up to speed on what happened on Aug. 27 when the runoff elections were held, and what it means for our industry. This article will also serve as a reminder to go and vote …
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September 17, 2024
Strategic planning can be helpful aid for OBA, banks
By Alicia Wade OBA Chair COO, Sovereign Bank, Shawnee In August, the OBA focused on strategic planning as we chart our course for the next 12-18 months. We embrace this process not only within the OBA, but also for our member banks, as it ensures we address the needs of both bankers and the communities we serve. Strategic planning is …
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September 17, 2024
Court rejects challenge to CFPB’s Sec. 1071 rule
A Federal court on Aug. 27 denied a request for summary judgment in a lawsuit by the American Bankers Association, Texas Bankers Association and others challenging the Consumer Financial Protection Bureau’s small business data collection rule. In his decision, Judge Randy Crane ruled the CFPB did not exceed its authority in issuing the rule, nor did it violate the Administrative …
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September 17, 2024
Week of Sept. 16
In This Issue… From Adrian’s desk … ABA, other associations seek adjustment in face-to-face requirements for borrowers in default Nondeductible portion of OBA dues calculated OBA schedules Oktoberfest Golf Tournament OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our …
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September 16, 2024
Nondeductible portion of OBA dues calculated
The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2024. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …
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September 10, 2024
Week of Sept. 9
In This Issue… From Adrian’s desk … Oklahoman appointed to CDFI board ‘Thank you’, from the OBA Compliance School Board chair … OBA Emerging Leaders Academy accepting applications – deadline approaching Enroll now for OBA Consumer Lending School OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be …
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September 3, 2024
Inflation concerns wane somewhat among consumers in survey
The percentage of U.S. bank customers who are financially healthy has remained steady, but their overall concern regarding inflation has fallen – yet still remains high – according to a new survey by J.D. Power. Nearly two-thirds of customers said they are struggling to keep up with the cost of goods, which was the lowest level so far this year. …