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OCC Releases Community Reinvestment Act (CRA) Evaluations

Perficient

The Office of the Comptroller of the Currency (OCC) has released 15 Community Reinvestment Act (CRA) performance evaluations. Reviews, which can take weeks, assess an institution’s performance in helping to meet the credit needs of communities, including those of low or moderate income within its assessment area. Large Bank.

Community 294
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Vast Bank to offer ‘crypto banking as a service’

BankInovation

Tulsa, Okla.-based based commercial and retail community bank Vast Bank is offering crypto banking as a service to banks looking to offer crypto services without implementing their own technology. Vast rolled out its crypto banking service in its new app in late August.

Tulsa 98
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Crypto trading: Opportunity and risk for banks

BankInovation

Visit the website of $785 million Vast Bank and you can't miss it: The primarily commercial bank with a retail community presence based in Tulsa, Okla. now offers a cryptocurrency trading service called Crypto Banking in its mobile app.

Tulsa 95
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2015 ICBA Community Bankers of the Year

Independent Banker

For the second year, ICBA recognizes the exceptional work of the individual employees of community banks with its. Community Banker of the Year award program. The association accepted nominations online during the month of September, allowing anyone to recommend a community banker for consideration. Tulsa, Okla.

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Judge sides with bank that said DOJ unfairly linked it to Tulsa massacre

American Banker

However, the institution strenuously objected to references to the Tulsa Race Massacre in the agreement and asked that the language be stricken. American Bank of Oklahoma agreed to a consent order in August to settle allegations from the Department of Justice over redlining.

Tulsa 36
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Popular, Inc. invests in minority owned bank, Greenwood

PopularBank

Marginalized communities often struggle to enter the banking mainstream – due to a lack of trust or a lack of inclusive financial products – making access to a minority owned bank an important factor in building a brighter financial future. Based in Atlanta, Greenwood takes its name from Tulsa, Oklahoma’s Greenwood District.

Tulsa 52
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Energy Woes Continue to Overshadow Results at BOK Financial

American Banker

BOK Financial in Tulsa, Okla., reported lower quarterly profit that reflected a still-elevated loan-loss provision.

Tulsa 28