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October 2024
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October 21, 2024
Agencies announce thresholds for consumer credit, upper-level mortgage loans
The Federal Reserve and Consumer Financial Protection Bureau recently announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2025 are subject to certain protections under Regulation Z, which implements the Truth in Lending Act, and Regulation M, which implements the Consumer Leasing Act. The agencies are required to adjust the thresholds annually based on …
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October 16, 2024
FDIC considers extended deadline for rule on use of its signage by banks
The FDIC board will meet on Thursday to consider extending the compliance deadline for its final rule on the use of the agency’s name and logo by financial institutions. The FDIC last year adopted new requirements regarding the display of the official FDIC sign in banks and bank digital channels, setting a compliance deadline of Jan. 1, 2025. Earlier this …
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October 9, 2024
More information given on EGRPRA process
During the OBA Washington Visit in September, the acting comptroller of the currency mentioned EGRPRA (The Economic Growth and Regulatory Paperwork Reduction Act), which elicited several questions from bankers. Ryan Portell, with the comptroller’s office, reached out to OBA Chair Alicia Wade late last week with some follow-up information. We’re sharing below what he had to say: The agencies have …
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September 2024
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September 30, 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 late …
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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 …
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Jeremy Cowen, Senior Vice President/Communications
Email: jeremy@oba.com | Phone: Ext. 113
Jeremy has been in charge of the Oklahoma Banker newspaper as well as the OBA website and other member communications since joining the OBA in January 2002. A native of Hartshorne and a 1997 graduate of the University of Oklahoma, he enjoys meeting and talking with the different people he encounters while doing his job. Previously, Jeremy worked as a sports writer in Lawton and, for the four years prior to joining the OBA, Lubbock, Texas, where he decided the town wasn’t big enough for both him and Bobby Knight. When not working, Jeremy loves to hike, read, watch football, baseball and boxing and teach journalism to high school and college students. And, if you ask, there’s a good chance he will regale you with the story about being interviewed on ESPN by Chris Fowler.