CFPB Monitor
AUGUST 31, 2023
The Department of Justice (DOJ) announced that it has entered into a settlement with American Bank of Oklahoma (ABOK) to resolve allegations that ABOK engaged in unlawful redlining in Tulsa, Oklahoma. The DOJ opened its investigation of ABOK after receiving a referral from the FDIC.
Independent Banker
OCTOBER 1, 2022
When Oklahoma legalized the sales of cannabis for medicinal purposes in 2018, executives of $550 million-asset Blue Sky Bank in Tulsa, Okla., Zick reports similar success for Twin City Bank. As a result, we can tell for sure that their activity is in line with their reporting with regard to sales to the state.”.
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