Oklahoma Bankers Association We make bankers better!
FDIC Chairperson Jelena McWilliams announced her resignation today via a letter to President Joe Biden. McWilliams, a Republican, was named the 21st chairperson of the FDIC in June 2018 after being appointed by then-President Donald Trump. Her official departure has been set for Feb. 4, with FDIC board member Martin Gruenberg reported to become acting chairman – his third stint …
December 2021
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December 28, 2021
Week of Dec. 27
In This Issue… Fed releases National Small Business Lending Survey results OBA offices closed Friday for New Year’s holiday OBA education corner … Fed releases National Small Business Lending Survey results The Federal Reserve Bank of Kansas City last week released the results from the Third Quarter 2021 National Small Business Lending Survey. The quarterly survey of U.S. banks provides …
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December 27, 2021
Executive News: Celebrating our Hall of Famers
Early this month, the OBA hosted the third Oklahoma Bankers Hall of Fame Induction Ceremony. This year’s class included four bankers who have been – and still are – pillars in the bankin g industry, their communities and the state of Oklahoma. This class falls right in line with previous inductees with their storied history and contributions still being made …
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December 27, 2021
Hall of famers
By Payton Moody OBA Communications Intern It was a day that meant so much to bankers – a day to honor and celebrate their careers with friends and loved ones. The Oklahoma Bankers Hall of Fame ceremony is always a special occasion, and this year’s Dec. 2 event was no exception. Four bankers were inducted into the Hall of Fame, …
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December 27, 2021
Oklahoma banks post big profits for third quarter
Net income at Oklahoma banks increased by more than 50% overall from the second quarter to the third quarter of 2021. The FDIC’s latest Quarterly Banking Profile, which was released in late November, showed good news for Oklahoma banks. After reporting $999 million in profits through the end of the second quarter, Oklahoma commercial banks showed more than $1.5 billion …
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December 23, 2021
Merry Christmas, happy holidays from OBA!
The OBA staff wishes you and yours a merry Christmas and happy holiday season! Adrian Beverage | Joan Anderson | Jeremy Cowen | Elaine Dodd | Kathryn Donovan | Judy Hanna | Lea Ann Jackson | Debbie Leake-Morris | Megan McGuire | Nancy McKinnis | Payton Moody | Thi Pham | Janis Reeser | Niki Taylor | Sheila Wyatt
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December 21, 2021
Week of Dec. 20
In This Issue… Court lifts stay on COVID-19 vaccine mandate OBA offices closed Friday for holidays Deposit Insurance Fund remains on track for recapitalization OBA education corner … Court lifts stay on COVID-19 vaccine mandate Late last week, a panel within the Sixth Circuit Court of Appeals lifted a judicial stay of the COVID-19 vaccine mandate issued by the Occupational …
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December 21, 2021
Banking profits increase in third quarter
Net income at Oklahoma banks increased by more than 50% overall from the second quarter to the third quarter of 2021. The FDIC’s latest Quarterly Banking Profile, which was released in late November, showed good news for Oklahoma banks. After reporting $999 million in profits through the end of the second quarter, Oklahoma commercial banks showed more than $1.5 billion …
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December 16, 2021
Security advisory released about logging utility
The U.S. Cybersecurity & Infrastructure Security Agency recently released a security advisory related to a specific logging utility (Log4j) that is embedded in a variety of software enterprise applications. Log4j is very broadly used in a variety of consumer and enterprise services, websites and applications as well as in operational technology products to log security and performance information. …
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December 16, 2021
Small business optimism index increases in November
In November, the NFIB Small Business Optimism Index rose 0.2 points to 98.4. The Uncertainty Index fell 4 points to 63 points. Business owners intend to generate new employment at a seasonally adjusted net 25.0%, down 1 point from the previous month. The percentage of business owners who believe now is a favorable time to expand remained unchanged from the …