Saturday, July 27, 2024

March 2024

  • March 22, 2024

    Agencies extend applicability date of certain provisions of CRA final rule

    Federal bank regulatory agencies jointly issued an interim final rule on Thursday that extends the applicability date of certain provisions in their Community Reinvestment Act final rule issued in October 2023. The agencies also requested comment on the extension. The agencies extended the applicability date of the facility-based assessment areas and public file provisions from April 1, 2024, to Jan. 1, 2026. …

  • March 21, 2024

    Nexus Legal, LLP

    Nexus Legal LLP is a corporate law firm that provides legal services to banks in various areas. We advise and represent banks on commercial and consumer loan transactions, syndicated lending arrangements, Fin Tech partnership, swaps and loan participations, and bank regulatory matters. Our attorneys have extensive experience working with financial institutions to navigate complex legal issues and ensure compliance with …

  • March 19, 2024

    OBA seeks general counsel; current legal staff still on duty to assist bankers!

    The OBA is currently looking to fill the position of general counsel – our current legal staff remains available to assist our member bankers with their needs, however! As we search, however, we wanted our bankers to know that Pauli and the rest of our compliance staff are standing by to continue their great service! As for a new general …

  • March 19, 2024

    Week of March 18

    In This Issue… From Adrian’s desk … OBA seeks general counsel; current legal staff still on duty to assist bankers! Bankers’ Night Out programs ready for spring OBA welcomes 50-Year Club nominations 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 …

  • March 14, 2024

    ABA, U.S. Chamber of Commerce file suit against CFPB’s late fees rule

    The American Bankers Association joined the U.S. Chamber of Commerce and four business groups in filing a lawsuit in federal court on Thursday to challenge the Consumer Financial Protection Bureau’s new rule limiting credit card late fees. The plaintiffs are also seeking a preliminary injunction barring the bureau from implementing the new rule. Earlier last week, the CFPB issued a final rule …

  • March 12, 2024

    Week of March 11

    In This Issue… From Adrian’s desk … ABA, U.S. Chamber of Commerce file suit against CFPB’s late fees rule Senior Management Conference registration deadline this week! 2024 Compensation Trends & Employee Benefits Survey open for participation OBA TikTok Time … OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that …

  • March 11, 2024

    OBA Bankers’ Night Out programs ready for spring

    Bankers Night Out

    The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition to state and federal legislative …

  • March 11, 2024

    Interested in leading our Emerging Leaders?

    The OBA is looking for bankers interested in serving as chairperson of the OBA Emerging Leaders Division. Any OBA Emerging Leaders who are currently enrolled in the OBA Emerging Leaders Academy or have previously graduated from an OBA Emerging Leaders Academy or OBA Leadership Academy are eligible for the position. The Emerging Leaders chair will serve a two-year term and …

  • March 11, 2024

    OBA-introduced ACRE bill passes state House, moves to Senate

    HB 4092, Rep. Trey Caldwell’s state-level ACRE bill, passed the full House and is now headed to the Senate in the hands of Sen. Darcy Jech. We will keep you posted on this OBA-introduced bill and its progress through the process. Thank you to all who reached out and contacted your state representative about this important bill. More about HB 4092 (the …

  • March 8, 2024

    Ask your state representative to vote ‘yes’ on ACRE Act

    The ACRE Act (HB 4092) is up for a vote in the State House of Representatives any day now. We need your help! Please call your State Representative and ask them to vote YES on HB 4092. What does the ACRE Act actually do? • The ACRE Act will lower the cost of credit by removing the taxation on interest …