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August 20, 2020
ABA, Groups Criticize New GSE Fee on Refinances, Call for Withdrawal
In a surprise move last week, Fannie Mae and Freddie Mac announced that they will impose an “adverse market refinance fee” of 50 basis points for no...
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August 13, 2020
SDBA Provides Three Options to Attend Women in Banking Conference
We don’t know about you, but we at the SDBA are COVID-ed out! Our yoga pants are worn out from working at home, we still haven’t mastered “new math,�...
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August 6, 2020
SDBA to Offer 2020 IRA School Live and Virtually
IRAs are one of the most complicated areas of bank personnel responsibility, and it is not possible to learn and understand everything. Continual education is necessary to...
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July 30, 2020
Urge House Members to Support PPP Forgiveness Legislation
With H.R. 7777, a bill to simplify the forgiveness process for Paycheck Protection Program loans, recently introduced in the House, ABA continues urging bankers to u...
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July 23, 2020
SDBA To Hold Virtual Bank Technology Conference
Registration is now open for the SDBA's Virtual Bank Technology Conference to be held Sept. 9-10. In light of the current COVID situation, this conference is being offered vi...
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July 16, 2020
ABA Calls on Bankers to Support PPP Forgiveness Legislation
The ABA is urging bankers to contact their lawmakers and urge them to support legislation that would significantly streamline the forgiveness process for loans mad...
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July 9, 2020
SBA Releases Data on PPP Borrowers and Loans
The Small Business Administration (SBA) on Monday released public data on Paycheck Protection Program (PPP) participants, including borrowers and lenders, as of June 30.
For loan...
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July 2, 2020
Mike Klumpp and Jesse Block Appointed to SDBA Board of Directors
Mike Klumpp, Citibank, Sioux Falls, and Jesse Block, First Fidelity Bank, Platte, have been appointed to the SDBA Board of Directors.
Klumpp was appointed t...
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June 25, 2020
SDBA Announces Retirement of President Curt Everson
The SDBA on Monday announced the impending retirement of its president, Curt Everson. Following 20 years of service in state government, Everson has led the 136-year-old ...
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June 18, 2020
SDBA Virtual Ag Credit Conference Starting Next Week
There is still time to register for the SDBA's Virtual Ag Credit Conference, which starts next week. The virtual event will be held as a series of four webinars on June...
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June 11, 2020
Bankers Take Part in SDBA Virtual Annual Business Meeting, FDIC Town Hall
More than 100 member bankers and business partners took part in the Association's Virtual Annual Business Meeting on Tuesday. The meeting is traditio...
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June 4, 2020
Registration Open for SDBA Virtual Annual Business Meeting
The SDBA’s Annual Business Meeting, traditionally held during the Annual Convention, will take place as a virtual meeting via Zoom on Tuesday, June 9, at 9-10 a.m....
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May 28, 2020
SBA Issues Rules on PPP Loan Forgiveness, Lender Responsibilities
The Small Business Administration last Friday night released much-anticipated interim final rules describing the loan forgiveness process, as well as lenders�...
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May 21, 2020
SDBA to Hold Annual Business Meeting Virtually, Followed by a Virtual FDIC Town Hall
The SDBA's Annual Business Meeting, traditionally held during the Annual Convention, will take place as a virtual meeting via Zoom on Tue...
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May 14, 2020
SDBA Provides Results of Back to Normal Survey of Banks
The SDBA last week conducted a survey of member banks about their getting back to normal plans. A total of 37 of the SDBA's 72 member banks responded to the survey. Th...
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May 7, 2020
Four Elected to SDBA Board of Directors
The SDBA recently held elections for four of the nine seats on its Board of Directors. Elected to serve on the SDBA Board of Directors were:
Dylan Clarkson, President/CEO, Pioneer B...
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April 30 2020
SBA Clarifies PPP's 10-Day Disbursement Window, Fee Payments
The Small Business Administration Tuesday night issued an interim final rule providing clarity on the 10-day loan disbursement require...
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April 23 2020
ABA Urges House to Approve Additional PPP Funding
The ABA yesterday urged House leaders swiftly to approve a legislative package that would provide an additional $320 billion in funding for the S...
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April 16 2020
PPP Funds Exhausted; SBA No Longer Accepting Loan Applications
The $349 billion authorized for Paycheck Protection Program loans has been exhausted, the Small Business Administration said today, ...
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April 9 2020
SDBA Seeking Bankers to Serve on Committees, Work Groups
The SDBA is seeking bankers to serve on four standing committees and two work groups for 2020-2021: Agricultural Credit, Credit Card, Legis...