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OBA News
The Latest
September 2024
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September 19, 2024
ABA, other associations seek adjustment in face-to-face requirement for borrowers in default
The Federal Housing Administration’s proposed implementation of a new rule removing the face-to-face meeting requirement for certain mortgagees could actually increase the complexity and risk of the borrower engagement process, the American Bankers Association and three associations said late last week in a joint letter to the agency. In August, FHA issued a final rule that made permanent a pandemic-related …
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September 16, 2024
Nondeductible portion of OBA dues calculated
The calculation representing the nondeductible portion of member dues attributable to lobbying expenditures has been made for the OBA’s year ending April 30, 2024. The source of the information used to determine this percentage included the Association’s general ledger and an estimate of the percentage of time related to applicable personnel’s involvement with lobbying activities by management of the Association. …
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September 3, 2024
Inflation concerns wane somewhat among consumers in survey
The percentage of U.S. bank customers who are financially healthy has remained steady, but their overall concern regarding inflation has fallen – yet still remains high – according to a new survey by J.D. Power. Nearly two-thirds of customers said they are struggling to keep up with the cost of goods, which was the lowest level so far this year. …
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August 2024
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August 29, 2024
Court rejects challenge to CFPB’s Section 1071 rule
A Federal court today 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 Procedure Act, …
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August 21, 2024
OBA updating member database: needs help from banks!
The OBA is about to undergo a strategic initiative to update our database. In the upcoming few days, we will send an email to each OBA-member bank’s primary contact and their HR personnel. The email will contain a spreadsheet that includes all individuals we show as affiliated with their bank, at all locations. WHAT WE NEED: Please, have someone at …
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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.