Oklahoma Bankers Association We make bankers better!
Our federal law enforcement partners have been working overtime to try to help banks stay ahead of the challenges encountered with both cyber-criminals and bad actors that impact bank ATMs in multiple ways. Law enforcement partners and our statewide MAFIA groups have shared multiple resources and tools, which we are including in this Fraud Alert. Let’s get started! • • …
August 2021
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August 24, 2021
New Home Sales on the Rise in July
Despite an economic setback caused by the COVID-19 pandemic, the housing market is steadily recovering. According to the U.S. Census Bureau and the Department of Housing and Urban Development, new single-family home sales increased to a compounded annual growth rate of 708,000 in July. To read more about this story in its entirety from ABA Banking Journal, please click here.
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August 24, 2021
Week of Aug. 23
In This Issue… FDIC looks for banker input OBA Bankers’ Night Out sponsorships available OBA education corner … FDIC looks for banker input FDIC Chairman Jelena McWilliams and newly appointed Chief Innovation Officer Sultan Meghji have asked the banking industry for input related to innovation around four general themes. Inclusiveness — How to increase access to banking services for those …
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August 20, 2021
Sudden Decrease in Satisfied Credit Card Users
Client satisfaction with credit card issuers fell this year as issuers attempted to accommodate customers’ demands amid ongoing economic uncertainty, according to the J.D. Power 2021 Credit Card Satisfaction Study. Satisfaction with national issuers has dropped considerably, down from 811 to 805 on a scale of 1,000. As a result, credit card issuers are searching for the causes of this …
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August 19, 2021
Executive News: On the road, hearing stories from peers, bankers …
I can’t believe it’s already the end of summer – spending the last weekend hunting for school supplies is one way to wrap up the season. We’ve got lots of things to look forward to in the fall and I’ll touch on this in a minute. While it usually slows down a little bit here at the OBA in the …
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August 18, 2021
2021 Hall of Fame inductees unveiled
The OBA is proud to announce the group of inductees for the Oklahoma Bankers Hall of Fame, with the ceremony set for Dec. 2 in Oklahoma City. Bruce Benbrook, a longtime Woodward banker who is currently CEO and chairman of The Stock Exchange Bank in Woodward; Steve Burrage, a southeastern Oklahoma stalwart who is chairman of FirstBank in Antlers; the …
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August 17, 2021
Week of Aug. 16
In This Issue… 2021 Hall of Fame inductees unveiled OBA Bankers’ Night Out programs ready for fall Results compiled from OBA bank vaccine survey OBA Emerging Leaders Academy now accepting applications August Office Depot savings for OBA member banks OBA education corner … 2021 Hall of Fame inductees unveiled The OBA is proud to announce the group of inductees for …
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August 16, 2021
August 2021 OBA Legal Briefs
Reg Z’s business day definitions Advance Child Tax Credits and closed accounts 2021 Oklahoma legislation—Part I Reg Z’s business day definitions By John S. Burnett Why Juneteenth caught lenders unprepared Congress clearly doesn’t know (or care?) that two days’ notice isn’t enough to give lenders when they pass legislation creating a new federal legal public holiday. The kerfuffle that erupted …
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August 13, 2021
Results compiled from OBA vaccine survey
The OBA sent out last week a short survey about the COVID vaccine and whether our member banks have, or plan to have, a mandate for their employees. We wanted to share the results of the non-scientific survey with our members. Here are the results: (answers | percentage of total answers) Q1: Does your bank have a COVID vaccine mandate …
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August 10, 2021
Week of Aug. 9
In This Issue… Results compiled from OBA bank vaccine survey CareerTech looks to partner with banks on apprenticeships 2021 versions of banking code, trust books available OBA education corner … Results compiled from OBA bank vaccine survey The OBA sent out last week a short survey about the COVID vaccine and whether our member banks have, or plan to have, …