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November 2021
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November 18, 2021
80% of borrowers expected to be profitable in 2021 according to Ag Lender Survey
According to the Fall 2021 Agricultural Lender Survey report produced jointly by the American Bankers Association and the Federal Agricultural Mortgage Corporation, better known as Farmer Mac, agricultural lenders expect 80% of their borrowers to be profitable in 2021, with 70% profitable through 2022. The majority of ag lenders (69.7%) said overall farm profitability grew in the previous year for …
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November 11, 2021
Consumer Prices Rise in October
According to the U.S. Bureau of Labor Statistics, the Consumer Price Index climbed 0.9% on a seasonally adjusted basis in October. The all-items index has risen by 6.2% in the last year. In October, the food index grew by 0.9%, the same as in September. After climbing 1.2% in September, the index for food at home gained 1.0% in October. The increase …
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November 4, 2021
99% of consumers give high marks to their bank’s online sectors for second consecutive year
According to a national survey conducted by Morning Consult on behalf of the American Bankers Association, 91% of consumers evaluated their bank’s online and mobile app experience as “outstanding,” “very good,” or “good,” tying last year’s record. Furthermore, 81% of those polled believe that bank innovation and technical advancements are making it easier for all Americans to obtain financial services, demonstrating …
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October 2021
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October 22, 2021
U.S. Consumers Give Banks High Marks on Performance, Information Security
According to a new study done by Morning Consult on behalf of the American Bankers Association, nine out of ten Americans with a bank account are “extremely content” or “satisfied” with their primary bank, and 97% rank their bank’s customer service as “outstanding,” “very good,” or “good.” The poll, which was taken earlier this month and released Monday at the …
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October 8, 2021
New Home Sales Rise in July
According to the U.S. Census Bureau and the Department of Housing and Urban Development, new single-family home sales increased to a seasonally adjusted annual rate of 708,000 in July. The June rate is 1.0% higher than the revised June rate of 701,000, but it is still 27.2% lower than the July 2020 forecast of 972,000. To read more about this story, click …
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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.