SDBA eNews

February 2, 2023

SDBA/NDBA 2023 Annual Convention Business Partner Information Guide Available

The South Dakota Bankers Association (SDBA), in partnership with the North Dakota Bankers Association (NDBA), will again host our joint Annual Convention in Sioux Falls, SD, June 4-6, 2023, at the Sioux Falls Convention Center. We can’t wait to explore WHERE TO NEXT? and be reunited with our friends and partners from across South Dakota and North Dakota, alike! 

Click here to access the Business Partner Information: SDBA/NDBA Sponsor-Advertise-Exhibitor Guide for the 2023 Annual Convention. This event wouldn’t be possible without the help of our partners, and we want to thank you for considering supporting our event. As additional public information becomes available, it will be posted to this site:

In the guide, there are opportunities to sponsor, advertise, and exhibit at the 2023 SDBA/NDBA Annual Convention: Where to Next? Please utilize the following contact information for any questions or details you may require: [email protected] or 605.224.1653. 

Some deadlines are coming up quickly, so reserve your space(s) ASAP. Sponsors confirmed by Wednesday, March 8 will be included in convention registration materials sent to more than 1,000 bankers and associate members later that month. 

SDBA Seeking Bankers in Action Stories to be Featured at the 2023 Annual Convention

Banks are the cornerstones of communities, giving back in a variety of ways. From volunteer leadership to donating time to charitable causes and supporting organizations through financial gifts, banks succeed when the communities they serve succeed. We’re proud of your reinvestment and commitment to keeping your community’s pulse thriving, so we want to give you the opportunity to showcase how your organization has helped your community in 2022.
As part of the 2023 SDBA/NDBA Annual Convention in Sioux Falls, we will showcase six banks that have found creative ways to meet the needs of their communities and help transform lives. The six selected organizations will have five minutes on the convention agenda to share their unique and innovative “Bankers in Action” project, with the goal to inspire colleagues as we all answer the question, “Where to Next?”

Click here to apply! Deadline to apply is February 15, 2023

GSB Human Resource Management School Scholarship Deadline Approaching



The GSB Human Resource Management School

Today’s successful human resource professional in the financial services industry needs a clear understanding of critical human resource issues as well as a working knowledge of the business of banking. From recruitment to selection, performance management to career development, the human resource function has a direct impact on a financial institution’s productivity and bottom-line results.That’s why GSB offers the Human Resource Management School, a respected one-week school that provides the foundation for new or veteran human resource professionals to tie together important issues in human resource management with an understanding of the business of banking.Application sessions are built into the curriculum to help students better understand and apply concepts learned. This applied learning is a key benefit of participating that will give you important tools to implement immediately at your bank.More and more demands are being placed on human resource professionals as banks realize the important role they play in a bank’s profitability. This is your opportunity to learn from respected industry experts about today’s key issues in human resource management and how they relate to the bank’s bottom line profits.

Who Should Attend

Whether you’re a veteran HR professional or a newcomer to the HR management field, this information-packed school will provide you with an abundance of take-away material. CEOs and other senior managers are also encouraged to attend to gain a better understanding of how the bank’s HR function is a key element in bottom-line profitability.

About the Scholarship

For the Human Resource Management School, the amount is $700. The deadline to apply for this 2023 scholarship is February 17, 2023

Find the scholarship application here

For Additional Information

To learn more about the Graduate School of Banking, please visit the GSB website: or call 608-243-1945.

Please note: Scholarships are for incoming 1st year HR students only. A separate application for the School must be completed - via the GSB website - by the published enrollment deadline in order to attend the 2023 School.

2023 State of the Banking Industry Outlook Report Shared by Wipfli

Wipfli’s 2023 State of the Banking Industry Outlook Report

Wipfli surveyed nearly 250 financial institutions in 39 states to learn how they navigated a gloomy economy, the national labor shortage and digital engagement in 2022. Nearly every bank Wipfli surveyed expects to grow in the next 12 months. Seventy percent of banks think they’ll grow 5% or more in the next year.

Review the full report to explore banks’ top priorities and concerns in 2023. You’ll learn how other banks are:

  • Managing talent in a record-tight labor market
  • Improving customer engagement in a digital world
  • Exploring new revenue streams in a mature industry
  • Creating digital efficiencies in a process-heavy business

FDIC to Host Webinar on Asset Building in North and South Dakota Native American Communities

The Federal Deposit Insurance Corporation (FDIC) will host a webinar in recognition of America Saves Week that will focus on asset-building in North and South Dakota Native American communities. Native American leaders will outline economic inclusion and asset-building best practices and success stories, as well as discuss innovative practices that have been developed for Native American households. The leaders will also discuss how financial institutions and community-based organizations can support tribal governments and Native-led non-profits in their work to build financial security for their communities.


  • Christy Finsel, Executive Director, Oklahoma Native Assets Coalition (ONAC)
  • Karen Edwards, Manager, ONAC
  • Carla Tillmon, Community Affairs Specialist, FDIC


Tuesday, February 28,  2023 from 1:00 PM to 2:30 PM CT


Webinar, Webex, registration information below.

Who should attend:

Financial institutions, Community Development Financial Institutions (CDFIs), government, non-profit organizations, community-based organizations, Tribal leaders, and other stakeholders interested in opportunities to support asset-building in North and South Dakota Native American communities

Registration Information:

To register online, click here and fill out the needed information. You will receive a confirmation email once completed.

Beating Back a Bad Idea: How Bankers United to Play Defense Against Durbin Expansion

Washington Update from Rob Nichols, ABA President and CEO

There’s a saying that “everything old is new again,” and that’s certainly an adage you can bank on in Washington, D.C.—especially when it comes to poor public policy proposals.

A textbook example of this unfolded during the 117th Congress, when our industry found itself once again facing a bad idea that we thought had been soundly defeated: placing restrictive routing mandates on credit cards, like those imposed on debit cards by the Durbin Amendment over a decade ago. The idea came in the form of a bipartisan bill—the so-called Credit Card Competition Act—introduced in the Senate by Sens. Dick Durbin (D-Ill) and Roger Marshall (R-Kan.) and in the House by Reps. Peter Welch (D-Vt.) and Lance Gooden (R-Texas).

Bankers know all too well that the 2010 Durbin Amendment had disastrous consequences for banks and their customers: it increased the costs of checking accounts and debit cards and ultimately led to the elimination of popular debit card rewards programs. The Durbin Amendment’s most damaging provisions apply to banks of all sizes, causing a nearly 25% cut in the per-transaction debit card revenue earned by banks with under $10 billion in assets. At the same time, it helped line the pockets of large retailers who talked a big game about passing savings on to consumers—but 10 years’ worth of data tells us that simply isn’t what happened. In fact, the Federal Reserve published a study finding that only 1% of merchants lowered prices for consumers since the Durbin price controls took effect.

What’s more, the Credit Card Competition Act also goes several steps further than the Durbin amendment—not only would it require banks to add a second network to their customers’ cards, but it would limit them to options set by the Fed, unlike the Durbin Amendment, which allowed banks to choose between any two unaffiliated networks. The Credit Card Competition Act also requires banks to accept virtually any kind of transaction—functionally requiring them to onboard potentially many more than two networks, even networks that don’t meet basic data security standards.

Given the potentially catastrophic effect the bill could have on community banks and bank customers—while providing no tangible cost savings or benefits for consumers—the industry sprang into action to set the record straight.

Immediately following the bill’s introduction, ABA led a coalition of eight national financial services trade groups in issuing a statement of strong opposition to the bill. We then followed this up with numerous letters, op-eds, grassroots calls to action and co-branded ads with the Texas and Kansas bankers associations that ran in their respective districts. The efforts were amplified by an op-ed from the Florida Bankers Association and a creative “Don’t Let Congress Steal Your Credit Card Rewards!” social media campaign from the Missouri Bankers Association. In early December, we then expanded that effort into an all-out media blitz to stave off any last-minute efforts to attach the bill to a must-pass piece of year-end legislation.

Every step of the way, our efforts at the national level were complemented by robust advocacy efforts by our partners at the state bankers associations, who stepped up to make calls, attend Washington fly-ins, pen letters and columns, and even appear on national TV to address our concerns about the bill. Together, we blanketed Capitol Hill with a succinct, united message: the Credit Card Competition Act is terrible public policy that should not be enacted.

Our combined efforts proved the hollowness of this bill—it failed to attract a single cosponsor beyond the initial two in both the House and Senate or gain enough support to advance as a standalone measure and was successfully blocked from any other bills moving through Congress as the lame-duck session came to a close.

This win underscores the tremendous value of our state association alliance and demonstrates the power that our industry can have when we unite behind one message. It’s also an important reminder about vigilance.

We can’t say for certain whether and how these bad ideas will rear their heads again in Congresses to come. But what we can say is that if they do, our industry will be ready to respond. 

CISA News: Hacked the Hackers

The efforts of the DOJ and international partners “hacked the hackers,” hindering $130 million in ransom demands. 

Read the article here.

  Compliance Alliance logo


Q: Are safe deposit boxes covered under both the SCRA and MLA? 

A: No, safe deposit boxes are covered in the SCRA but not MLA. Safe deposit box agreements are effectively leases. Leases are covered under 50 USC Ch. 50. §3952 50 USC Ch. 50: SERVICEMEMBERS CIVIL RELIEF ( (see below). MLA would not be applicable since a safe deposit box is not an extension of credit and MLA requirements apply to lending activities.

"Protection under installment contracts for purchase or lease (a) Protection upon breach of contract.(1) Protection after entering military service. After a servicemember enters military service, a contract by the servicemember for—(A) the purchase of real or personal property (including a motor vehicle); or (B) the lease or bailment of such property, may not be rescinded or terminated for a breach of terms of the contract occurring before ordering that person's military service, nor may the property be repossessed for such breach without a court order."

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.

For timely compliance updates, subscribe to Bankers Alliance’s email newsletters.

 SDBA eNews Archive
View past issues of the SDBA eNews

Advertising Opportunity
Learn more about sponsoring the SDBA eNews.

Contact the SDBA at 605.224.1653 or via email.