Oklahoma Banker

March 2024

• March 29, 2024

  Executive News: Legislative issues abound at state, federal levels

  We have finally reached our first deadline at the state legislature, and it couldn’t come fast enough. We started off the session tracking 678 bills, and after the deadline dust settled, we are down to 211 bills. All of the bills we have introduced made it past the deadline and are still alive. We will spend the next couple of …
• March 29, 2024

  OBA Senior Management Conference set for Vegas

  The Oklahoma Bankers Association 2024 Senior Management Conference is scheduled for April 7-9 at the Waldorf Astoria in Las Vegas. This year’s conference features an exciting lineup of speakers on a range of topics, including fraud trends, secrets of high-performing banks, strategic planning for community banks, emerging cybersecurity threats and risks, the after-effects of the COVID pandemic and the changing …
• March 29, 2024

  Trade associations file suit against regulators for CRA amendments

  The American Bankers Association, the U.S. Chamber of Commerce, Independent Community Bankers of America, Texas Bankers Association, Independent Bankers Association of Texas, among others, filed a lawsuit in February in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and capriciously with their recent amendments to the Community Reinvestment …

February 2024

• February 29, 2024

  Executive News: Oklahoma legislative session season starts

  At noon, Monday, Feb. 5, the Oklahoma legislature convened for the Second Session of the 59th Legislature. The legislative session will run until 5 p.m. on the last Friday in May. There were over 3,000 bills introduced this session, that’s in addition to the hundreds of bills introduced last year that are eligible to be heard again. We have read …
• February 29, 2024

  Trade associations file suit against bank regulators

  The American Bankers Association, the U.S. Chamber of Commerce, Independent Community Bankers of America, Texas Bankers Association, Independent Bankers Association of Texas, Amarillo Chamber of Commerce and Longview Chamber of Commerce filed a lawsuit on Feb. 5 in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and capriciously …

January 2024

• January 24, 2024

  Executive News: Looking back on busy 52 weeks …

  As we turn the corner to 2024, it’s always good to look back at the previous year and see what was accomplished and to set a road map for the next year. It was an interesting year – like many years in this industry it was an absolute roller coaster. Along the way, we had victories, frustrations, great events and …
• January 24, 2024

  Agencies update CRA asset-size thresholds

  The Federal Reserve Board and the Federal Deposit Insurance Corporation announced in late December the 2024 updated asset-size thresholds used to define “small bank” and “intermediate small bank” under their current Community Reinvestment Act regulations. The CRA regulations establish the framework and criteria by which the relevant agencies assess a financial institution’s record of helping to meet the credit needs …

December 2023

• December 21, 2023

  Executive News: Let’s celebrate our newest Hall of Fame inductees

  On Dec. 7, the Oklahoma Bankers Hall of Fame inducted four new members. This year’s class included four outstanding bankers who have been – and still are – pillars in the banking industry, their communities and the state of Oklahoma. This group of bankers falls right in line with previous ind uctees with their storied history and contributions still being …
• December 21, 2023

  Oklahoma banks post gains in third quarter

  Net income at Oklahoma banks increased by almost 50% overall from the second quarter to the third quarter of 2023. The FDIC’s latest Quarterly Banking Profile, which was released in late November, showed good news for Oklahoma banks from the second to third quarters. After reporting $975 million in profits through the end of the second quarter, Oklahoma commercial banks …
• December 21, 2023

  Latest Hall of Fame inductees honored

  By Kayden Anderson OBA Communications Intern Bankers are an influential group of people who use the valuable wisdom they learn from their predecessors to educate the next generation’s leaders. The cycle was a common theme at the 2023 Oklahoma Bankers Hall of Fame Luncheon and Induction Ceremony, where bankers Nevyle Cable, Jim Hamby, Ted McGuire and the late Harry Leonard …