Oklahoma Bankers Association We make bankers better!
Breaking news courtesy the ABA: President Biden this afternoon signed legislation recognizing Juneteenth as a federal holiday. The new June 19 holiday commemorates the day in 1865, two and a half years after the Emancipation Proclamation and two months after the end of the Civil War, when hundreds of thousands of enslaved men and women in Texas finally learned they …
June 2021
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June 15, 2021
Week of June 14
In This Issue… Services activity continues to expand in Tenth District 2021 OBA Directory of Banks available OBA education corner … Services activity continues to expand in Tenth District The Federal Reserve Bank of Kansas City released the May Services Survey recently. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey …
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June 14, 2021
Agencies recently issue host state loan-to-deposit ratios
Federal bank regulatory agencies recently issued the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year’s ratios from June 2020. By law, a bank is generally prohibited from establishing or acquiring branches outside of its home state primarily for …
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June 8, 2021
Week of June 7
In This Issue… Consumer credit shows marked increase OBA welcomes new strategic members 2021 Senior Management Conference set this month in Las Vegas OBA education corner … Consumer credit shows marked increase In April, consumer credit increased at a seasonally adjusted annual rate of 5.3 percent, according to a release by the Federal Reserve on Monday. Revolving credit decreased at …
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June 7, 2021
SBA releases information on correcting PPP forgiveness errors
The Small Business Administration is establishing a forgiveness payment correction process for lenders that made a mistake in requesting the accurate forgiveness amount. Effective immediately, lenders can send a platform message, using message type of “Payment or Reconciliation Questions”, to request forgiveness payment corrections. The message must include the SBA loan number, the amount of the correction being requested and …
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June 3, 2021
Relive convention with our photo page!
Did you happen to miss convention? Well, if so, we missed you! Luckily, we have a bevy of photos to share from the event, ready for you to peruse. Click here to visit the convention photo page.
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June 2, 2021
Former OBA president/CEO honored at convention
During our convention last week, we held a special ceremony for our recently retired president and CEO, Roger Beverage. During the ceremony, a video was shown of Sen. James Lankford giving a speech on the U.S. Senate floor commemorating Beverage’s 33 years as the OBA’s chief. Additionally, a slideshow of various photos from Beverage’s time with the OBA was shown. …
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June 2, 2021
Stronghold Data
Stronghold Data is an MSP based in Joplin, MO with a proven track record of success. As a testament to that success, we were the recipients of the highest award in our industry last year: the 2023 MSP of the Year. This is our second MSP of the Year award in the past three years. Founded over 30 years ago, …
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June 1, 2021
Week of May 31
In This Issue… Free fraud training opportunity for bank staffs, customers Relive convention with our photo page! Former OBA president/CEO honored at convention Thank you to our convention sponsors 2021 Senior Management Conference set this month in Las Vegas OBA education corner … Free fraud training opportunity for bank staffs, customers The OBA is once again working with the Oklahoma …
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June 1, 2021
Check out photos from the 2021 OBA Convention!
Check out the 2021 OBA Convention highlights below with several photos from the event, which was held May 24-26 at the Omni Hotel in Oklahoma City. Click here to view the photo page!