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OBA News
The Latest
January 2025
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January 27, 2025
Trump names chairs, acting heads of several agencies, departments
Immediately upon assuming office last Monday, President Trump designated several chairs and acting heads of agencies and departments. Among agencies relevant to financial services, Trump designated the following: David Lebryk, fiscal assistant secretary of the treasury and the highest career official at the Treasury Department, as acting secretary pending the confirmation of nominee Scott Bessent. FDIC Vice Chairman Travis Hill …
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January 22, 2025
Unauthorized tap-to-pay fraud increasing
According to frankonfraud.com, there is a rise in donation “Tap to Pay” fraud where consumers are approached in a parking lot (Target, WalMart, etc.) by individuals (scammers) requesting a small donation to help with <insert any sob story>. The victims believe they are donating $10 or $20, but the scammer is manipulating the transaction and billing them for thousands. Technically, …
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January 14, 2025
OBA, ABA to host webinar on national, state legislative issues
The OBA and the American Bankers Association will host a free webinar on Jan. 30, exclusively for Oklahoma bankers, to discuss the upcoming changes and opportunities presented at both the state and federal levels for the banking industry. New leadership coming to Washington presents many opportunities for the industry, and 2025 is certain to be a year of significant policy …
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January 8, 2025
Associations file suit challenging Fed’s stress-testing framework
Various association, including the American Bankers Association, The Bank Policy Institute, Ohio Bankers League filed litigation in late December against the Federal Reserve, challenging aspects of the stress testing framework the Fed uses to establish certain bank capital requirements. The lawsuit is focused on the lack of transparency in the current stress testing process, with the groups challenging the “opaque …
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January 2, 2025
OBA statement on passing of Gene Rainbolt
The Oklahoma Bankers Association, today, mourns the death – but celebrates the life – of prominent banker and Oklahoman Gene Rainbolt. Rainbolt was a leader and legend within the Oklahoma banking community, and truly among ALL Oklahomans as well. He was an inaugural inductee of the Oklahoma Bankers Hall of Fame in 2018, a chair of the OBA in 1970-71 …
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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.