In an effort to improve Oklahomans’ health and safety, the Oklahoma Bankers Association has entered into a two-year agreement with Tulsa-based Docvia to promote the invisibleBracelet Emergency Health Registry through member banks in all 77 Oklahoma counties.
The iB Web service helps people communicate during medical emergencies. Licensed medics access a member’s emergency health data through a personal identification number found next to a driver’s license, ID card or on a keychain.
Text or e-mail messages are sent to designated “in case of emergency” contacts to notify where and when the member was transported. EMSA, Grove EMS and 14 other ambulance services will support iB beginning in November for more than 2 million Oklahomans.
“During the 20th century, OBA member banks helped shaped the development of our state by partnering with local innovators,” said Roger Beverage, OBA president and CEO. “By partnering with companies like Docvia, we believe we can strengthen the Oklahoma economy by enhancing the health and safety of our local communities.”
The partnership represents one of the OBA’s most ambitious community initiatives in its 112-year history, organization representatives said.
The idea of partnering with a century-old banking network was intriguing to Docvia.
“I’ve often described Docvia as ‘online banking for health care,’” said Noah Roberts, Docvia CEO. “Thanks to the OBA, we can offer online health care through banking.”
The partnership between Docvia and the OBA was formed shortly after the Oklahoma Employees Benefits Council announced that the state of Oklahoma would begin offering iB memberships as a voluntary health benefit to 78,000 state employees and dependents.
“Reaching the most populated areas and serving state employees was an important first step for Docvia.” Beverage said. “We believe the OBA will make its impact by connecting this life-saving service to every Main Street and country road in Oklahoma.”
In April this year, Arvest Bank was the first major employer and bank to offer iB memberships as a voluntary health benefit to all of its 700 Tulsa-based employees.
“A commitment from the OBA will benefit the entire state and hopefully move Docvia one step closer to its dream of establishing iB as a national registry,” said Don Walker, president and CEO of Arvest Bank Tulsa. “Partnering with a network of trusted banks is a great way for Docvia to earn the respect of local communities and grow their business.”
Tillberg Named CIO for State Retirement System
Brad Tillberg, CFA, has joined the Oklahoma Public Employees Retirement System as chief investment officer.
Tillberg has a bachelor’s in business administration from the University of Nebraska and was awarded the designation of Chartered Financial Analyst in 2000. He brings with him 13 years of background in the investment industry, with experience as an investment analyst and associate portfolio manager. He worked for several years for the Frank Russell Co. in Tacoma, Wash., and before that at Morley Capital in Portland, Ore.
Southwest Bancorp Declares Dividend on Common Stock
Southwest Bancorp Inc., parent company of Stillwater National Bank and Trust Co. and Bank of Kansas, announced a 2.38 cents-per-share cash dividend on its common stock for the fourth quarter of 2009.
This is the same amount per share as the dividend paid for the third quarter of 2009. The dividend will be distributed to shareholders of record as of Dec. 17 and is payable on Jan. 4, 2010.
Southwest Bancorp Inc. has paid a dividend every year since it was organized in 1981.
Firm Reducing Fees for OOK, TXF funds
Geary Advisors LLC announced it is reducing the fund fees for its two state-based, exchange-traded funds, OOK and TXF.
The adviser has agreed to reduce investment advisory management fees and to reimburse other expenses to the extent the total annual fund-operating expenses, as a percentage of average daily net assets, exceed .20 percent. A reduction or reimbursement lowers the expense ratio.
OOK and TXF are based on the SPADE Index, a modified market capitalization weighted index that seeks to measure the performance of publicly traded companies that are headquartered in or have significant operations in Oklahoma and Texas.
At least 10 percent of the OOK and TXF management fees will go to support Aaron’s Bridge, an Oklahoma nonprofit organization working to establish and provide more treatment options in Oklahoma and Texas for children with developmental disabilities, including Autism Spectrum Disorder.
OSCPA Recognizes Tulsans for High Scores
The Oklahoma Society of Certified Public Accountants recognized two Tulsa residents for earning high scores on the Universal CPA Examination.
Keith A. Cundiff, CPA, an assurance senior with HoganTaylor, was given a silver medal award for scoring highest over Window IV in 2008 and Window I in 2009. Cundiff earned his bachelor’s degree in accounting from the University of Tulsa.
Jessie Wagner also received a silver medal award. She is a tax service staff member at Ernst & Young. Wagner, who earned a bachelor’s degree in accounting from Oklahoma State University, scored highest over Windows I and II of the 2009 CPA Exam.