This year TBB returned to the Quail Creek Country Club for its Annual Shareholder Meeting. We were able to recognize outgoing board members Barry Anderson (F&M Bank), Clayton Lodes (First National Bank and Trust Company of Ardmore), and Richard Sims (Wellington State Bank) who have helped lead the bank to its most profitable years ever. Clayton served as Chairman for the past year and stated that TBB is in good hands with its current board and management leadership.  CEO Troy

by Kas Stewart, SVP & AAP ACH NETWORK If your bank provides international wire services, this proposal will create an alternative. NACHA has issued a request for comments, which are due by May 30, 2025. The purpose of the change is to increase the usefulness of this transaction. In 2024, there were 121 million IAT debits and credits processed. In addition to the proposed changes to IATs, there are two items that pertain to all ACH payments. One would specifically define what

Korbet Moore is a finance professional with experience in credit underwriting, compliance and consulting. He has worked for several years as a consultant, specializing in loan review, interest rate risk analysis, collateral risk management and policy audits. Korbet has developed expertise in stress testing and financial scenario analysis, particularly in relation to asset and liability management. While earning his finance degree at Oklahoma State University, he served as an

by Kas Stewart, SVP & AAP ISO20022 It is difficult for me after these many months of including ISO2022 as a hot topic to continue to think that it is hot, but it is!  I open every article with more information about ISO20022, and this article is no different.  Although the targeted implementation day of March 10, 2025, has been postponed until July 14, 2025, the transition to ISO20022 continues to move forward.  We are restricted from sharing the actual format with you, but T

by Miles Pringle, EVP & General Counsel Dwight D. Eisenhower once said: “In preparing for battle I have always found that plans are useless, but planning is indispensable.”  While banks are required to have a strategic plan, examiners are quick to note that there is no one “best” approach. Instead, regulators focus on the reasonableness of the plan’s assumptions. Their assessments consider many factors such as a bank’s personnel resources, geography, financial resources, and

In addition to being Board Chairman for The Bankers Bank, Clayton Lodes is CEO at First National Bank & Trust of Ardmore, OK. He is a CPA, and practiced public accounting for over 20 years before joining 1NB in 2002. Clayton has served on the TBB Board since 2018, and also serves on the REI Oklahoma Board of Directors in Durant. He and his wife, Bebe, enjoy volunteering for several civic and charitable organizations and especially enjoy spending time with their three children