News Headlines


Regulators Finalize Rules to Help Banks Manage COVID Impact

The federal banking agencies this week finalized a rule that temporarily defers appraisal requirements for up to 120 days after the closing of certain residential and commercial real estate transactions. A second rule neutralizes—due to the lack of credit and market risk—the regulatory capital and liquidity effects for banks that participate in certain Fed liquidity facilities.


NIST Releases Emergency Directive on Microsoft Windows Netlogon Remote Protocol

The Cybersecurity and Infrastructure Security Agency has released an emergency directive concerning the Windows Server August 2020 security update to all domain controllers mitigating a vulnerability in Microsoft Windows Netlogon Remote Protocol. 


Ohio Senate District 32: O’Brien versus O’Brien—Same Name, Different Policies

In a race that is just as confusing as it seems, incumbent Sen. Sean O’Brien (D-Bazetta) faces off against challenger Sandra O’Brien (R-Rome) in what Republicans view as their best pickup opportunity in the Ohio Senate.  Sen. Sean, as he has been dubbed by Democrats trying to differentiate their candidate, is running for his second term in the Senate after previously serving three terms in the Ohio House. 


Bankers Showcase Work to Help Ohio Communities During Pandemic

Ohio bankers this week showcased the hard work they have done to help customers, businesses, and communities across Ohio during the pandemic in virtual roundtables with Ohio Treasurer of State Robert Sprague and Development Services Agency Director Lydia Mihalik. Both commended the industry on the work bankers have done throughout the pandemic and discussed opportunities for the future. 


Ohio’s 1st Congressional District Race: Congressman Steve Chabot (R) vs. Kate Schroder (D)

Steve Chabot (R-Cincinnati) has represented the district since 1996. Since redistricting in 2012 the congressman has not enjoyed comfortable margins of victory. In 2018, Chabot defeated challenger Aftab Pureval (D), receiving 51.3 percent of the vote to Pureval's 46.9 percent. 


OBL Urges SBA/Treasury to Release Further Guidance on PPP Deferment

Today the OBL sent a letter to the SBA and Treasury urging them to clarify issues with PPP Deferment. The way PPP was set up originally meant all loans had a six month deferment  to allow small businesses the time to use the funds, apply for forgiveness, and the SBA forgive the loan. Unfortunately, the forgiveness process has been mired with delays and complications. 


Urge Congress To Pass PPP Forgiveness Before Legislators Head Back to Districts

The OBL has received intelligence that there will be an attempt this week to move streamlined PPP forgiveness legislation before legislators leave Washington D.C. to head back to their districts.


Next Generation Advisory Board Seeks Nominees

Do you have an energetic, high-potential banker looking for an opportunity to shape Ohio’s banking industry? If so, the OBL welcomes your recommendation for its Next Generation Advisory Board.


Diversity Session to Put Spotlight on Current DEI Trends

This week's OBL Diversity Dialogue will reunite all of our previous panelists to discuss perspectives about current topics, trends and the upcoming election.


NIST Releases Updated Corporate-Owned Personally-Enabled Mobile Device Security Guide

The National Institute of Standards and Technology National Cybersecurity Center of Excellence has released the final version of NIST Cybersecurity Special Publication 1800-21, Mobile Device Security: Corporate-Owned Personally-Enabled (COPE).