SDBA eNews

December 21, 2023


Holiday Greeting from the SDBA + Holiday Hours

Please enjoy this year's holiday greeting from your friends at the SDBA by clicking hereThe SDBA will be closed on Monday, December 25 to observe Christmas, and Monday, January 1 to observe the New Year. We will be open for regular business hours on Tuesday, December 26. From everyone at the SDBA, we wish you the happiest and joyous of holiday seasons!

USD's Beacom School of Business - Career Success Center to Host Networking Event

The Beacom School of Business - Career Success Center invites you to attend our 2024 Speed Networking event on Wednesday, January 24 from 1-3 p.m. This is a great opportunity for you to come on-campus and network with our students, especially May 2024 graduates and remaining summer internship seeking students. There is no cost to attend.

We will use a speed networking format where employers will have a round table set up and small groups of students will rotate to tables in 10 minute intervals until about 2:30 p.m. The last 30 minutes of the event will be an open networking reception for you and students to visit more in depth. During your 10 minutes you are welcome share information about your company and any full-time, part-time, or internship opportunities that you may have available. At the event you are more than welcome to collect student contact information to keep in touch with them. Also, feel free to bring any recruitment materials and promotional items you’d like to share with students.

Spots are limited so RSVP today. Registration closes on Monday, January 15.

Five Signs of a Healthy Corporate Culture

A company’s culture is like a magnet: It can attract the people who will thrive there and repel the ones who won’t. And whether your company has intentionally created a culture, you have one, explains consultant and former banker Rebecca Undem in a new article for the ABA Banking Journal.

“The ‘great retirement’ is coming, and it’s coming faster than many of us are prepared for,” Undem warns, alluding to the anticipated mass exodus of baby boomers from the workforce as that cohort reaches retirement age. Against an already-tight labor market, banks will have to fight harder than ever to attract and retain talented workers from younger generations that expect very different things from their employers, she notes.

Undem, who will speak at ABA’s upcoming Conference for Community Bankers in San Antonio, offers five signs of a healthy corporate culture. For starters, a healthy culture is one rooted in clearly defined values. Essentially, an employee’s job description provides the “what” of the job: the functions they are expected to perform in their role. Values provide the “how,” she explains. “They should be things that are actively discussed on a regular basis,” she says. “And we should be willing to hire and to fire them.” Read more here.

REGISTER TODAY: 2024 Midwest Economic Forecast Forum - Virtual| Thursday, January 11

Don't miss this unique economic forecast for 2024!

Presented by the Wisconsin Bankers Association, in partnership with the Illinois Bankers Association, Michigan Bankers Association, Minnesota Bankers Association, and the Wisconsin Bankers Foundation. Prepare for 2024 by joining an economic discussion with Federal Reserve Bank of Minneapolis First Vice President Ron Feldman. Time will be allowed for open Q&A during this virtual event. Bankers and community leaders are encouraged to invite their business clients to virtually share these economic insights. Individuals or group registration rates are available.

Individual and group rates available. Click here to learn more and register.

About the Speaker: Ron Feldman is first vice president and chief operating officer at the Federal Reserve Bank of Minneapolis, where he leads Bank operations, including finance and budgeting, strategic planning, workforce and talent development, and performance against strategic objectives.

Feldman is also a primary adviser on monetary policy, playing a leadership role in preparing for Federal Open Market Committee meetings and in the development and communication of positions on monetary policy.

An expert on financial institutions and related government policies, Feldman has authored more than 50 articles on topics related to banking, finance, and monetary policy. He is one of the foremost authorities on the too-big-to-fail problem, co-authoring Too Big to Fail: The Hazards of Bank Bailouts, published by the Brookings Institution (2004).

Since joining the Bank in 1995, Feldman has served as a senior officer for Supervision, Regulation, and Credit and has run the Financial Services Support Office, which assists in the oversight of the Federal Reserve’s financial services.

He has a B.A. with distinction from the University of Wisconsin and an M.P.A. from the Maxwell School, Syracuse University, where he was a university fellow. He is a fellow of the National Academy of Public Administration.

Feldman is married and the father of three children. He is an active community member, serving on the boards of Second Harvest Heartland and Beth El Synagogue. He is on the Board of Visitors for the University of Wisconsin-Madison History Department.

REGISTRATION OPEN: 2024 SDBA State Legislative Day | Wednesday, February 14, 2024 in Pierre

The SDBA has opened its registration form for the 2024 SDBA State Legislative Day, held annually in Pierre during the State's Legislative Session. This year's event will be held on Wednesday, February 14 at the Ramkota Hotel & Conference Center in Pierre. The agenda includes an SDBA Legislative Committee meeting beginning at 10:30 a.m. at the Ramkota, a luncheon where Gov. Kristi Noem has been invited to give remarks, a fireside chat between SDBA President Karl Adam and Senators Mike Rounds (confirmed) and John Thune (invited), an ABA update and V.J. Smith will close.

This is your opportunity to stay up to date on both state and federal legislation which could affect the banking industry. Additionally, we encourage you to use time at this event to actively participate in shaping the future of banking in our state. This gathering promises a day of insightful conversations, networking, and direct engagement with key policymakers.

Click here to review the full agenda and register. Just a heads up: the hotel blocks at both the Ramkota and Clubhouse lift on January 12! So, if you're needing accommodations for this event, best make those reservations ASAP.

Call for Bank Compliance Leader Award Nominations - Due by February 29, 2024

Don't miss out on this fantastic opportunity to recognize an individual who has had a positive impact not only as a compliance leader within the bank, but also on the community and industry as a whole. Make a nomination today!

Recipients will receive:
These winners will receive a plaque and a pin symbolizing the B/A Bank Compliance Leader Award, to be presented at the 2024 American Bankers Association Regulatory Compliance Conference in Seattle, WA, from June 11th to 14th, 2024.

Nomination Requirements (include, but are not limited to):
• Nominee must have at least (5) years of experience in banking compliance.
• Nominee should not hold the position of Bank President, CEO, or Board Director.
• Nominations must be submitted or signed by the bank's president, CEO, board director, member of senior management, their State Bankers Association, or a compliance officer.

Click here for more details and to make your nomination. 

CISA News: CISA Holiday Tips for Tech - Recorded Session via LinkedIn from 12/19/2023

Technology is high on many people’s holiday wish list. Whether it is technology-based toys, games and accessories for kids, or a new smart watch or smart tv for the adults in the house, it’s important to remember basic cybersecurity tips when gifting or receiving tech. Click here to watch.

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