Sovereign Bank

Sovereign Bank was a proud sponsor the the AISES Native Links Golf Tournament. AISES is a national nonprofit organization focused on substantially increasing the representation of Indigenous peoples of North America and the Pacific Islands in science, technology, engineering, and math (STEM) studies and careers. MVTO (thank you) Team Sovereign Bank for a great time! Ross B. Kahrahrah Marcenella LaFerr Nathan Hart Christie Modlin

We had a great Bank Regulatory Panel in OKC. It was great to see everyone that joined us to learn what the regulators are focusing on in the current market. Thank you Nicholas Davis, CRC for moderating this event in OKC. Here is a little summary of what was discussed: -CRE is a primary focus for the regulators at the moment.?There are increasing vacancies in certain product types such as multifamily and office which, combined with higher rates is causing stress.?Adding to the risk is the large number of CRE maturities coming in the next few years.?These loans will be repriced at higher rates adding additional strain.?The panelists noted that depending on the trajectory of rates over the next few years the repricing may not be as bad as it would have been a year ago. -The panelist spent a considerable amount of time discussing guarantor reliance.?The panelists noted guarantor reliance is of focus because of the proximity some loans are coming to being guarantor dependent.?They recommended banks increase reporting for these guarantors, particularly as it relates to cash flow.??Regulators want to see a thorough analysis of not only the guarantor’s ability to support one loan, but they want a true understanding of all of their contingencies.?The concern is that there is stress in one part of a guarantor’s balance sheet, there may be others limiting the ability to support them all. -Regulators see bank liquidity as a concern noting more liquidity downgrades in their exams this year.?The impact of COVID money leaving the bank and competition with higher paying short-term investments outside of deposits has placed pressure on banks’ liquidity.? With the increasing model of banking as a service, oversight is also on their radar.?The regulators are looking to see that banks are adequately addressing the risks associated with the various contracts implementing some of these services as issues have arisen for some banks.?? Thank you to all the Banks that came and supported this event. BancFirst, IBC Bank, MidFirst Bank, Prism Bank, Sovereign Bank, Stride Bank, N.A., YNB OK , Citizens Bank of Edmond #RiskManagement #OKBanking #FDIC #TheRiskManagementAssociation #OKC

Sovereign Bank participated in the Kiowa Tribal Chairman’s Challenge golf tournament to rise funds for the Kiowa Education Agenxy. Bryan Cain Rachael Melot Alicia Wade Stacy Beach Christie Modlin Marcenella LaFerr Garett W. Hill Samantha Skenandore Wilson Pipestem #SovereignBankOklahoma #KiowaTribeOklahoma

Our Mortgage Team is here to guide you every step of the way on your journey to homeownership. ?? Whether you're buying your first home, or searching for your next investment; Sovereign Bank offers a home loan experience that will make buying your home Simple, Easy, and Fast! ?? We are excited to share that Matt Brown, who has been an invaluable asset to our mortgage department for many years, will now lead our team to continued success! . Matt Brown Executive Vice President, Mortgage Director ?? Learn more about our Mortgage Team at banksovereign.com . . #banksovereign #mortgage #banking

Fight back against fraud! Join Sovereign Bank's Greg Arbuckle as he presents key strategies to help prevent seniors from becoming victims of fraud. ?? October 9th at 5:30 PM ?? Shawnee Recreation Center 401 N Bell Ave Shawnee, OK 74801 . . . #banksovereign #banking #fraudprevention

We are thrilled to unveil our new building signage at our Oklahoma City Branch that showcases and celebrates our rich heritage as the largest tribally-owned bank! ?? ?? “The name Sovereign Bank is a tribute to our roots and a reflection of our mission. Our name encapsulates our commitment to sovereignty, not just in name but in action. We are dedicated to supporting economic development, preserving cultural heritage, and advancing financial opportunities for all our clients.” ~ Bryan Cain, President and CEO. Read More about it Here: https://lnkd.in/gXfBDf8Z ?? 3030 NW Expressway Oklahoma City, OK 73112 . ?? Citizen Potawatomi Nation ??? MetroSign . . #banksovereign #newsign #banking #okc #oklahoma

We're #hiring!

Fight back against fraud! Join Sovereign Bank's Greg Arbuckle as he presents how to help prevent seniors from becoming victims of fraud. ??September 11 at 2:30 PM ??Shawnee Recreation Center 401 N Bell Ave Shawnee, OK 74801 . . . #banksovereign #banking #fraudprevention

Mangum Community Conversation with U.S. Senator Markwayne Mullin. A valuable afternoon spent engaging with the community. . . . Member FDIC #banksovereign #banking #Mangum #Oklahoma #UnitedStatesSenate

We’re thrilled to announce that our very own Alexa Robinson has been selected as a NextGen Under 30 Winner for 2024! ?? This award celebrates young Oklahomans who are making a difference through innovation, creativity, and community involvement. Join us in congratulating Alexa on this incredible achievement!