Friday, February 7, 2014

HEADS UP! 14th-16th

FYI: the info is for your awareness and preparation

This new info coupled with the articles regarding whistleblower Eric Snowden's info on an incident occurring
over the weekend of Feb 14th-16th (next weekend) I find this notable enough to submit for your review. On the link below, it shows info and screen shots of banking memos (from different states) as well as the memo from the Board of Governors see below. The site will not allow me to copy over typed information. The Drill may not effect your bank. Again, this is a heads up. This Drill is occurring at the major banks and some lesser banks as indicated in the article. Not all banks were listed.

DO NOTE IN THE 2ND MEMO (Bank of Albuquerque) THE BOLD TYPE IN THE MIDDLE OF THE PAGE.
Incidentally the Bank of New Zealand is also having a bank drill on the same days. hmmmm

Blessings.
The memo, dated January 24, was the first one of the year. It was sent from Michael Gibson to the top banks to stress increased supervisory expectations. Gibson stated,
“… the Federal Reserve is issuing this letter to clarify the heightened supervisory expectations for recovery and resolution preparedness for the eight domestic bank holding companies that may pose elevated risk to U.S. financial stability. “
The memo, dated January 24, was the first one of the year. It was sent from Michael Gibson to the top banks to stress increased supervisory expectations. Gibson stated,
“… the Federal Reserve is issuing this letter to clarify the heightened supervisory expectations for recovery and resolution preparedness for the eight domestic bank holding companies that may pose elevated risk to U.S. financial stability. “

1 comment:

Anonymous said...

Guess Who Owns the Bank of Albuquerque?

BOK Financial Corporation, based in Tulsa, Oklahoma, is a financial services company in the West South Central States region of the United States. The corporate headquarters is located in the BOK Tower in downtown Tulsa. BOK Financial's holdings include BOKF, NA, BOSC, Inc, Cavanal Hill Investment Management and Southwest Trust Company. BOKF, NA operates seven banking divisions: Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas, and Colorado State Bank and Trust. BOKF, NA has full-service banks located in eight states. BOSC, Inc., the broker/dealer subsidiary, provides brokerage services in 10 states.[4]
BOKF has a market value of approximately $3.7 billion USD as June 21, 2011. [5]

Currently BOK operates banks in 9 states including Oklahoma, New Mexico, Arizona, Arkansas, Texas, Colorado, Kansas, Missouri and Utah. In March 2007, BOK began banking operations in Salt Lake City. [11] Also in 2007, BOK continued their aggressive push in expanding market share in the Dallas-Fort Worth area. Currently, the Bank of Texas is the 8th largest bank based in Texas with assets of 3.7 billion.[14]

On August 17, 2012, BOK Financial acquired Milestone Group. The acquisition is the first since 2007.[15]

Source: http://en.wikipedia.org/wiki/BOK_Financial_Corporation