Oklahoma Banker

October 2024

October 21, 2024
Executive News: Politics, fraud remain hot topics for bankers

We are less than a month away from Election Day and it’s getting exciting – there are so many races at the federal level that will determine control of D.C., and that doesn’t even include the presidential election. One would th Adrian Beverage, OBA President and CEOink my entire article one month out would be nothing but election information. Sorry …
October 21, 2024
Oklahoma Bankers Hall of Fame picks inductees

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 …
October 21, 2024
Leading the Wade

Led by OBA Chair Alicia Wade, this year’s OBA Annual Washington, D.C., Visit was another resounding success. The Oklahoma contingent was – AGAIN – the largest group from any state to descend upon our nation’s capital. By Megan McGuire Vice President/Member & Government Relations Book a flight … secure a hotel room … adjust family schedule … prepare to be …

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 …

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 …
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 – …
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 …

July 22, 2024
Executive News: Primaries (almost) wrap up across state

We have survived the June 18 election primaries, the last-minute onslaught of tv ads and dreading opening the mailbox knowing it was full of political push cards. Don’t get too comfortable, though, as we have several runoff elections to be held on Tuesday, Aug. 27. While there won’t be as many races then, there are several important ones in the …

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