#BanksNeverAskThat Info Webinar | Tuesday, Aug. 29 @ 2 p.m. CDT

The #BanksNeverAskThat award-winning anti-phishing campaign returns this October. Make your participation a success, encourage other banks to join and get ready for the Oct. 2 launch by attending this free webinar. Get an overview of phishing scams, and hear why your bank should participate in this free campaign. You’ll also hear what’s new this year and learn best practices and examples of how you can deploy the ready-made assets on your social media platforms.

Speakers
Peter Cook, Chief Communications Officer, American Bankers Association
Paul Benda, Senior Vice President, Operational Risk & Cybersecurity, American Bankers Association
Caitlin Croswell, Senior Director, Social Media, American Bankers Association

This FREE webinar is open to ABA members and non-members. Click here for details and to register.

2023 South Dakota Land and Lending Conference | Wednesday, August 30 in Sioux Falls

Mark your calendars for the highly anticipated third annual South Dakota Land & Lending Conference, set to take place on Wednesday, August 30th at the Denny Sanford PREMIER Center. This full-day event promises to be an enlightening experience, bringing together renowned speakers from across the nation. Notably, the conference will feature FDIC's Kansas City Regional Director, James LaPierre. Additionally, attendees will have the privilege of hearing from Shane Phillips, the author of The Affordable City, providing invaluable insights into urban development and affordable housing. Finally, audience members will hear from D.J. Van Keuren a nationally recognized, distinguished, and leading professional in the field of real estate. With a diverse range of breakout sessions offering informative content, this conference guarantees a wealth of knowledge and networking opportunities. This is an event you definitely don't want to miss! View the agenda here and register here.

Farmer Mac Road Show coming to Sioux Falls | Tuesday, Oct. 3!

Calling All Ag Lenders!
Farmer Mac’s popular Road Shows are coming once again to towns all over the U.S.! Meet with members of the Farmer Mac team, have lunch, network with other local lenders, and join the conversation! You can look forward to discussions on:

Secondary market options for capital, liquidity, and credit risk management
Overview of popular loan products, current pricing options, and interest rate trends
Competing for loans: a review of recent local Farmer Mac transactions and marketing insights
AgPower & AgXpress underwriting options PLUS helpful tips for lightning-fast loan submissions
Farmer Mac 101 – After lunch bonus session for new and inactive Sellers, featuring a hands-on review of AgXpress and USDA guaranteed loan submissions

All sessions are from 9:00 AM to 1:45 PM local time.
9:00 AM—12:30 PM | Lunch Provided
12:30 PM—1:45 PM | Farmer Mac 101

We hope you can join us! Click here for details and to register.

Check Out the ABA's Online Educational Offerings

The American Bankers Association (ABA) offers members and non-members plenty of opportunities to further your education and knowledge. Compliance, Wealth Management, Executive Education and Risk Management, just to name a few. Check out the webinars and certifications offered by clicking the links above. For more information, contact SDBA's Member Services Coordinator, Natalie Likness, at [email protected] or 605.224.1653.

FHLBank System Update: From Des Moines to Washington Webinar Set for August 29

The SDBA and NDBA are joining forces to present “FHLBank System Update: From Des Moines to Washington”. This webinar via Zoom will be held on Tuesday, August 29 at 2:00 p.m. CDT. There is no cost to participate, however, we do ask that you kindly register using the link below to help us manage our Zoom account effectively.

Over the past 18 months, banks have seen how quickly the industry can change. Join FHLB Des Moines President/CEO, Kris Williams, as she provides an overview of the current state of the FHLBank System and FHLB Des Moines. She will highlight the impact of the Bank’s strong member partnerships over the past 90 years and the impact those partnerships have on the communities we serve. She will also discuss the potential for changes resulting from the FHFA’s review of the FHLBank System as well as the ramifications of these changes. She will end the session with a Q&A session.

More details and registration information can be found here.

SDBA Still Accepting Registrations for the 2023 Digital Innovations Conference

There is still time to register for the 2023 SDBA Digital Innovations Conference, which will be held at the Hilton Garden Inn Sioux Falls South on Wednesday, August 30! This conference is designed to provide support as you keep on top of technology trends, navigate the business of banking, and build and sustain your bank’s technology strategy—all to improve access and better serve your customers. This conference will provide you with an opportunity to learn from industry experts, network with IT colleagues, and visit exhibitors to see and experience the latest in products and services.

Whether you are traveling to Sioux Falls for the conference, or you're local, stop in to the Hilton Garden Inn Sioux Falls South Tuesday evening, August 29, for a Happy Hour and networking opportunity. Full details and registration information can be found here.

CISA News: Fixing hacked Email

If your email gets overtaken, worry not, as there are steps you can take to mitigate the damage and seize back control of your account. Click here to learn how to remedy the situation.

QUESTION OF THE WEEK

Q: Is a co-signer on a mortgage loan required to receive any disclosure specifically regarding their status as a co-signer?

A: The Cosigner Notice required under the former Reg AA is not specifically required by law anymore after the repeal of the regulation, but it's not uncommon for it to still be provided from a UDAP perspective under bank policy or procedure - for example:

" The Agencies note that the FTC’s Credit Practices Rule requires—and the former credit practices rules applicable to banks, savings associations, and Federal credit unions required—creditors to provide a “Notice to Cosigner” explaining the cosigner’s obligations and his or her liability if the borrower fails to pay. The Agencies believe that creditors have properly disclosed a cosigner’s liability if, prior to obligation, they continue to provide a “Notice to Cosigner.”"

https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20140822a2.pdf

Compliance Alliance offers a comprehensive suite of compliance management solutions. To learn how to put them to work for your bank, call (888) 353-3933 or email [email protected] and ask for our Membership Team.

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