by Miles Pringle, EVP & General Counsel You may have seen news in early September that social media videos (largely on TikTok) were showing people exploiting a “glitch” in Chase Bank’s ATM system. The error allowed customers of Chase Bank to write a check for more money than they had available, deposit the check via ATM, and then withdraw the funds in cash. Not long thereafter, Fidelity Investments reduced mobile deposit limits for certain customers, citing a similar scheme.

by Kas Stewart, SVP & AAP NUMBER 1: FDIC Signage The FDIC has amended Part 328, Subsection A and B governing the use of the FDIC signage. Compliance with subsection B is required by January 1, 2025. This section, FDIC Official Signs and Advertising Requirements, False Advertising, Misrepresentation of Insured Status and Misuse of the FDIC’s Name or Logo was approved by the FDIC Board in December 2023.  Compliance with Part 328, Subsection A has been extended to May 1, 2025. T

by Kas Stewart, SVP & AAP The Federal Reserve has announced the retirement of Fedwire Funds Offline Services on December 31, 2024. If you do not have a Federal Reserve Account, this change will not affect you. If you are using this service as a contingency wire service for those occasions when a wire is misdirected to your Federal Reserve account, you will need to make alternate arrangements.   The Bankers Bank offers a Federal Reserve Service Provider arrangement that allows

The Bankers Bank held their 35th Annual Golf Tournament at the Oak Tree Country Club on Monday, June 10th. The weather and course were absolutely perfect! It was great to see so many familiar faces and some new ones too.  A special thank you to our Sponsors as well as the TBB volunteers for their part in making this event a great success. We cannot do it without you! See you next year – June 9, 2025 C Flight: 1st:    Justin Hull, Justin Edwards, Scott Keeney, Brett Windsor 2n

by Kas Stewart, SVP & AAP George Russell “Pat” Kelly 4/29/1933 – 5/26/2024 Pat Kelly began his  banking  career at Liberty National Bank, shortly after graduation from  high school.  He worked there  for 43 years before joining The Bankers Bank, where he continued to call on banks across the state of Oklahoma.  Pat loved his customers and was a strong advocate for all.  Errors or omissions were quickly resolved.  “Don’t follow me, I am slow.”  He hated tickets, so he left ear

by Mike Murphy, EVP & Chief Risk Officer Bankers Bancorp’s board is excited to announce the rebranding and relaunch of its audit and consulting subsidiary. The Bankers Solutions (TBS) has been operating for 20 years as Bankers Professional Services, Inc, conducting compliance audits, internal control reviews and other similar services. We are now going to build on that foundation by adding other audit functions and consulting services. We’re also adding to our team to meet t