Wednesday, February 5, 2025

September 2024

  • September 25, 2024

    Accessibility Statement for OBA.com

    Accessibility Statement for OBA.com This is an accessibility statement from Oklahoma Bankers Association. Measures to support accessibility Oklahoma Bankers Association takes the following measures to ensure accessibility of OBA.com: Assign clear accessibility goals and responsibilities. Employ formal accessibility quality assurance methods. Conformance status The Web Content Accessibility Guidelines (WCAG) defines requirements for designers and developers to improve accessibility for people …

  • September 25, 2024

    Changes coming to counterfeit currency reporting

    Effective Nov. 1, the U.S. Secret Service will no longer accept electronic submissions of suspected counterfeit notes via the USDollars website. The Registration and Submission option will be removed and no longer available. Open electronic submissions entered prior to Nov. 1, will be available to previously registered users. After Nov. 1, USDollars will continue accepting bulk submissions from banks currently …

  • September 25, 2024

    Four bankers to make up 2024 class for Oklahoma Bankers Hall of Fame

    The Oklahoma Bankers Hall of Fame today announced the four bankers who will be inducted into its 2024 class later this year. Guy Berry III, Herschel Brewster, Brad Krieger and Gregg Vandaveer  will make up the 2024 class. The inductees were selected by a panel of bankers from across the state, and were voted on late last week. The induction …

  • September 24, 2024

    Week of Sept. 23

    In This Issue… From Adrian’s desk … Changes coming to counterfeit currency reporting CFPB releases FAQ on buy now, pay later products 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! •        •         • Just …

  • September 23, 2024

    September 2024 OBA Legal Briefs

    2024 Oklahoma Legislation – Part II More Deceased Customer Q&As 2024 Oklahoma Legislation – Part II Oklahoma Uniform Directed Trust Act of 2024 Oklahoma Trust Act (Amended) – Title 60 O.S. §§ 175.01 – 175.57 (Effective 11/1/2024) Registration and Pre-Registration – Transfer of License Plates – Contracts and Agreements for Electronic System – Title 47 O.S. § 1111.2 (Effective 9/1/2024) …

  • September 19, 2024

    ABA, other associations seek adjustment in face-to-face requirement for borrowers in default

    The Federal Housing Administration’s proposed implementation of a new rule removing the face-to-face meeting requirement for certain mortgagees could actually increase the complexity and risk of the borrower engagement process, the American Bankers Association and three associations said late last week in a joint letter to the agency. In August, FHA issued a final rule that made permanent a pandemic-related …

  • September 19, 2024

    Nondeductible portion of OBA dues calculated

    The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2024. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …

  • September 17, 2024

    Executive News: State runoff elections prove every vote counts

    As summer comes to a close, things are starting to heat up in both Washington, D.C., and in Oklahoma City. First, I want to bring you up to speed on what happened on Aug. 27 when the runoff elections were held, and what it means for our industry. This article will also serve as a reminder to go and vote …

  • September 17, 2024

    Strategic planning can be helpful aid for OBA, banks

    By Alicia Wade OBA Chair COO, Sovereign Bank, Shawnee In August, the OBA focused on strategic planning as we chart our course for the next 12-18 months. We embrace this process not only within the OBA, but also for our member banks, as it ensures we address the needs of both bankers and the communities we serve. Strategic planning is …

  • September 17, 2024

    Court rejects challenge to CFPB’s Sec. 1071 rule

    A Federal court on Aug. 27 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 …