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

by Mike Murphy, EVP & Chief Risk Officer As a long-time banker who used to be an examiner, I am sometimes conflicted like the guy with the angel and the devil arguing on each of my shoulders. This is especially true when working with regulators whether during the exam process, filing regulatory reports or even doing a branch application. You can get so frustrated, but then you ask yourself why, and try to look at it from their perspective.  From the Fed’s Commercial Bank Exam

by Kas Stewart, SVP & AAP A breakdown of your bank’s instant payment options ... If you have questions about instant payments or would like to start utilizing FedNow and/or RTP, contact your Calling Officer to schedule an informational call with our team of experts!

On Friday, March 29th, TBB had our Annual Shareholder Meeting. Outgoing Chairman, Evans McBride, commented on the growth and success of TBB during his term on the Board. CEO and President, Troy Appling, was pleased to report that TBB had three record years in a row. Another significant dividend of $20 per share was paid with Bancorp subsidiaries Forward in Technology and Bankers Professional Services, Inc. contributing to the dividend for the second year in a row. We also wel

by Shannon Truax, Bankers Professional Services, Inc. What You Should Know About BSA/AML/CFT and What is With All of the New Acronyms? The Anti Money Laundering (AML) Act of 2020 has brought some changes to what we have historically known as the Bank Secrecy Act (BSA). Many regulatory agencies, including the Financial Crimes Enforcement Network (FinCEN), are now using the terms AML/CFT (Countering the Financing of Terrorism) instead of BSA/AML to better align with the AML Act