Oklahoma Bankers Association We make bankers better!
Breaking news from the ABA: The Small Business Administration has just informed trade associations that Paycheck Protection Program funding has been exhausted and that the PPP application portal will stop accepting applications for loans from most lenders. SBA said that it has reserved approximately $6 billion in funding for previously submitted loan applications subject to hold codes that have yet …
May 2021
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May 4, 2021
Week of May 3
In This Issue… Guidance updated on PPP whole loan sales Adrian Beverage assumes president/CEO position at OBA 2021 OBA Directory of Banks available OBA Convention quickly approaching! 2021 Senior Management Conference set for June in Las Vegas OBA education corner … Guidance updated on PPP whole loan sales The Small Business Administration extended its guidance this week on how lenders …
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May 1, 2021
Register for OBA’s 2022 Contact Banker Program
We have set the dates for the 2022 Contact Banker Program. Click here to find a sign-up form with the dates listed for this year’s program. We ask you select what dates work best for you and return your form to megan@oba.com. Once we have the groups finalized, we will send an email confirmation of your date. On the date …
April 2021
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April 29, 2021
April 2021 OBA Legal Briefs
Third round of stimulus payments (EIP3) Reg B has expanded: What you need to do UDAAP U-turn More reasons to watch the Bureau Third round of stimulus payments (EIP3) By Pauli D. Loeffler Basics. To receive the third stimulus payment (“IEP3”) the payee(s) must be U.S. citizens or U.S. resident aliens. The payee must have a social security number issued …
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April 17, 2021
Executive News: Happy trails … and other news
Here’s some news before I get personal. Congress is in recess as this issue of our newspaper goes to press. The president has signed into law the new PPP Extension Act – H.R. 1799 – which extends the program through May 31 of this year, yet the details of how the PPP is working (or not) are still anyone’s guess. …
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April 17, 2021
Association Leader
(Editor’s note: The following story ran in its orginal form in the May 2015 issue of Oklahoma Banker.) By Jeremy Cowen Senior Vice President/Communications Editor Like the mythical phoenix, Roger Beverage’s undying love and respect for community banks and bankers rose from ashes … the figurative ashes many years ago of a bank he himself was forced to close. They …
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April 17, 2021
OBA Convention set for May in Oklahoma City
The Oklahoma Bankers Association 2021 Convention is set for May 24-26 in Oklahoma City, with the brand-new Omni Hotel as the host locale. This year’s convention will be slightly different than previous years as, after the cancellation of the 2020 Convention, several events will be packed into the schedule and there will be no keynote speaker to begin and end …
March 2021
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March 31, 2021
Nominating Committee for OBA first vice chair selected
Memorandum To: All OBA-Member Banks Re: Nominating Committee for First Vice Chair Pursuant to Section 6.3 of the By Laws of the Oklahoma Bankers Association, OBA Chairman Rick Walker is required to appoint four current board members to serve on the Nominating Committee for the office of first vice chair. The Committee is chaired by the Immediate Past Chair, which …
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March 25, 2021
Qualtik
Qualtik helps commercial loan portfolio managers accelerate and deepen their analysis, reporting, and risk management capabilities. Using Qualtik’s software solution provides lenders deep visibility into their commercial loan portfolio through intuitive, interactive dashboards. Lenders can efficiently filter and stress their portfolio in real time, then drill in to analyze individual assets and generate reports for their concentrations and 300/100% capital …
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March 23, 2021
March 2021 OBA Legal Briefs
Happy Anniversary! It’s 2020.1! (COVID-19 workplace and vaccination policies) Inquiring about disability and medical exams Confidentiality New hires Reasonable accommodations Discrimination in the workplace Vaccinations Happy Anniversary! It’s 2020.1! (COVID-19 workplace and vaccination policies) By Andy Zavoina It was just about a year ago that we all became even more intimately familiar with what the term “pandemic” really meant to …