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Oklahoma bank closed by OCC

ABA Community Banking

The First National Bank of Lindsay in Lindsay, Oklahoma, was closed Friday by the OCC, which appointed the FDIC as receiver. First Bank and Trust in Duncan, Oklahoma, will assume the insured deposits. The post Oklahoma bank closed by OCC appeared first on ABA Banking Journal.

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First National Bank of Lindsay failure: One-off or sign of the times?

American Banker

While trade groups representing Oklahoma banks argue the failure of Oklahoma-based First National Bank of Lindsay is an isolated incident, some in the industry say it may be a sign of more collapses to come.

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Liberty National Bank (OK) Offers Rewards Checking Statewide

BankDeals

Liberty National Bank (Oklahoma) offers its competitive Kasasa Cash and Kasasa Cash Back accounts on a statewide basis through an online application.

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CFPB November 2016 complaint report highlights other financial services complaints, complaints from Oklahoma consumers

CFPB Monitor

The report also highlights complaints from consumers in Oklahoma and the Oklahoma City metro area. General findings include the following: As of November 1, 2016, the CFPB handled approximately 1,035,200 complaints nationally, including approximately 27,000 complaints in October 2016.

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Divided Tenth Circuit panel rules national bank’s extended overdraft fee are not “interest” under the NBA

CFPB Monitor

BOKF, National Association that the extended overdraft fees charged by BOKF were not “interest” under the National Bank Act (NBA). Section 85 allows a national bank to charge “interest at the rate allowed by the laws of the State…where the bank is located.” A divided panel of the U.S.

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John V. Anderson: 75 years in community banking

Independent Banker

His father’s family, members of the Citizens Potawatomi Nation, farmed corn and cotton, and his mother came from a produce farming family. After he was discharged, he worked at a utility company before taking a job at Liberty National Bank in Oklahoma City in 1947. Anderson, F&M Bank. We had to skimp and save,” he says. “We

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Bulk Nation And The Frill-Free Customizable Grocery Future

PYMNTS

But Bulk Nation had a radical idea about fixing that problem. “We have more than 3,000 items available on our shelves,” Bulk Nation President Clay Donato noted, “and we mean it when we say customers can buy whatever they want. There is a container, and that’s what the customer buys. You can buy just a pound.

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