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The Oklahoma State Banking Department (OSBD) is an agency of the state of Oklahoma. The Banking Department is responsible for regulating Oklahoma's banking system, including state-chartered banks , credit unions , savings and loan associations , and trust companies , as well as [(money transmitters)] and money order companies.
The Oklahoma Bankers Association (OBA) is a trade association based in Oklahoma City, representing more than 220 member banks. [1] It has been running for over one hundred years. It assists its members with government relations, educational programs, and other products and services. Roger M. Beverage serves as the president and CEO.
The Oklahoma Bar Association is governed by a 17-member Board of Governors, whose members are lawyers elected by OBA members and meet monthly. [2] Day-to-day operations are managed by an Executive Director and a staff of both attorneys and non-attorneys.
BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma.Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S., [2] and the largest in Oklahoma.
Two days later, it reopened as First Bank and Trust Co., based in Duncan, Oklahoma. Usually if a bank fails on a Friday, customers with insured deposits can continue using their debit or ATM card ...
The term "affiliate" is broadly defined and includes parent companies, companies that share a parent company with the bank, companies that are under other types of common control with the bank (e.g. by a trust), companies with interlocking directors (a majority of directors, trustees, etc. are the same as a majority of the bank's), subsidiaries ...
There are a number of sectors in which banks may be involved. The general bank license allows a bank to engage in all banking activities, such as retail banking, merchant acquiring, cash management, asset management and trading. An applicant can apply for a limited banking license, such as an offshore banking license. [2]
Bank licensing, which sets certain requirements for starting a new bank, is closely connected with supervision and usually performed by the same public authority. Licensing provides the licence holders the right to own and to operate a bank. The licensing process is specific to the regulatory environment of the jurisdiction where the bank is ...