In This Issue… From Adrian’s desk … Inflation concerns wane somewhat among consumers in survey OBA Emerging Leaders Academy accepting applications Washington Visit nearing – hotel reservation deadline this week! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! • …
September 2024
August 2024
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August 29, 2024
Court rejects challenge to CFPB’s Section 1071 rule
A Federal court today 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 Procedure Act, …
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August 27, 2024
August 2024 OBA Legal Briefs
In this issue: 2024 Oklahoma Legislation – Part I A potpourri of deceased customer Q&As Still more on the FDIC’s revisions to part 328 2024 Oklahoma Legislation – Part I By Pauli D. Loeffler Uniform Special Deposits Act – Tit. 6 O.S. § 910 et seq. This is an entirely new Act that has only been adopted in the states …
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August 27, 2024
July 2024 OBA Legal Briefs
More on the FDIC’s Revisions to Part 328 By John S. Burnett In last month’s Legal Update, I offered an analysis of the changes the FDIC has made to the rules applicable to deposit-accepting ATMs (and similar equipment) in its regulations at 12 CFR Part 328 on Advertisement of Membership, False Advertising, Misrepresentation of Insured Status, and Misuse of the …
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August 27, 2024
Week of Aug. 26
In This Issue… From Adrian’s desk … Court rejects challenge to CFPB’s Section 1071 rule Oklahoma Bankers Hall of Fame nominations deadline this week! 2025 Oklahoma Views & Vistas Calendar available for earlybird order OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be …
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August 21, 2024
OBA updating member database: needs help from banks!
The OBA is about to undergo a strategic initiative to update our database. In the upcoming few days, we will send an email to each OBA-member bank’s primary contact and their HR personnel. The email will contain a spreadsheet that includes all individuals we show as affiliated with their bank, at all locations. WHAT WE NEED: Please, have someone at …
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August 20, 2024
Week of Aug. 19
In This Issue… From Adrian’s desk … OBA updating member database: needs help from banks! Hints can help customers understand they are affected by fraud ATM scams on uptick in Oklahoma CFPB updates small business lending rule filing instructions OBA Washington Visit nearing – hotel reservation deadline approaching! OBA education corner … From Adrian’s desk … By Adrian Beverage OBA …
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August 16, 2024
Executive News: Association ‘Alliance’ watches bankers’ interests
Last month when I finished my article, I immediately started thinking about my August column because it’s usually a little bit slower and quieter during the summer. While the summer months gives us an opportunity get caught up on projects and ready for the fall when things really start picking up, I always wonder what in the heck am I …
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August 16, 2024
Oklahoma Bankers Hall of Fame accepting nominations for 2024
The Oklahoma Bankers Hall of Fame is now accepting nominations for the upcoming 2024 class; additionally, a reminder the process of selecting inductees was updated for last year going forward. The deadline to submit a nomination is Aug. 31. First, for those interested in nominating a banker, there are some downloadable forms linked on the front page of OBA.com – …
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August 16, 2024
FDIC proposes enlargement of deposit broker definition
The FDIC board voted 3-2 on July 30 to move forward with a proposed rule that would expand the definition of “deposit broker” to capture many deposit placement arrangements that currently do not meet the criteria for enhanced scrutiny under current regulation, such as sweep deposits and those related to financial technology and cryptocurrency. The proposal would amend a 2020 …