SDBA eNews

March 7, 2024

Beginning Ag School Filling Quickly!

Fundamentals of Ag Lending: National School for Beginning Ag Lenders is an intensive school designed to train in all facets of agricultural lending with emphasis on credit analysis, credit scoring, risk rating, problem loans and group case study. The school, sponsored by the South Dakota Bankers Association, will be held on the campus of Black Hills State University in Spearfish, S.D., on June 24-27, 2024. Attendees will receive personalized instruction and continual peer interaction fostered through a limited class size, case study and group exercises.  This session is filling quickly!  Don’t miss your opportunity to attend or to send your staff. 

Click here for details and to register.


Breaking into Banking 201: Analyzing Repayment Sources

March 27 | Virtual

SEMINAR DESCRIPTION

This 9-module online course is a “sequel” to the 101 course and is best taken after completion of that course, though it is not a prerequisite. The 201 course includes a case study and dives deeper into topics covered in modules 4, 6, and 8 of the 101 course: analyzing a borrower’s balance sheet, income statement, collateral, and risk ratings. Seminar presenter is Andy Keusal of Keusal Learning.

REGISTRATION FEES

Registration Fee - $290
Non-Member Fee - $390

WHO SHOULD ATTEND?

This course is most appropriate for credit analysts, lenders, portfolio managers and others who need skills in financial statement analysis and writing credit documents.

For more information and to register, click here.


2024 Bank Compliance School | April 15-17

Eden Prairie, MN

Whether you are new to the world of compliance, looking for a good refresher, or need to be brought up to speed on crucial compliance hot topics, issues, and findings, Bank Compliance School is right for you. New this year, learn about the life cycle of a deposit and the consumer mortgage loan process including a deep dive into the key considerations and required disclosures.  These are three days you will not want to miss; you’re guaranteed to leave feeling a lot more confident about compliance in your bank!

REGISTRATION FEE

Member: $899
Qualified Non-Member: $1,159

LODGING INFORMATION

Lodging arrangements can be made at:
Hilton Bloomington
3900 American Blvd W.
Bloomington, MN 55437
(off 494 and France Avenue)
Phone: 952-893-9500

Contact Renee Lawler, Minnesota Bankers Association - [email protected] or 952.857.2630 with questions.

For more information and to register, click here.

Tri-State Trust Conference:
April 23-25 in Fargo, ND + Online

Highlights
• Samuel A. Donaldson: Federal Tax Update
• Sandra Ottinger: Importance of Creating and Maintaining a Sales Culture
• Dave Specht: Becoming a Family Business Whisperer
• Plus meet with over 30 companies in the exhibit hall!

Visit www.ndba.com for more information and to register.

Hotel reservations
Delta by Marriott, Fargo ND
Room block deadline: March 25
Conference rate: $149
Book online: Trust Conference Rate or call 701.277.9000.

Continuing education credit
Conference content has been submitted for continuing education credits. More info in registration materials.
Contact Dorothy Lick, NDBA, at 701.223.5303 or [email protected].


Call to Action: South Dakota Bankers:
Urge Congress to protect homebuyer privacy and cosponsor S. 3502/H.R. 7297

When a consumer applies for a mortgage, the lender with whom the consumer applied pulls a credit report to evaluate their application. When the report is pulled, credit agencies then identify that the consumer is looking for credit and can sell the consumer’s information to other lenders (so-called “trigger leads”). While this “trigger lead” activity is legal under the Fair Credit Reporting Act (FCRA), consumers are increasingly frustrated with unsolicited calls for credit products, and it can damage banks’ relationships with customers as the customer often mistakenly assumes that their financial institution sold their credit report.

Senators Jack Reed (D-RI) and Bill Hagerty (R-TN) and Representatives John Rose (R-TN) and Ritchie Torres (D-NY) have introduced legislation – the Homebuyers Privacy Protection Act (S. 3502/H.R. 7297) – that would help to limit use of these so-called “trigger leads” except in legitimate cases. Together these bills would enhance consumer protection and strengthen trust in the financial system.

CLICK HERE to contact your Senators and Representatives and urge them to cosponsor this legislation.


ABA Highlights Agriculture Issues in March

March is National Agriculture Month, and ABA is highlighting resources, training and events for agricultural bankers. On March 14, ABA will host a webinar focused on the legislative and regulatory issues affecting agricultural and rural banking in 2024.

Bankers can visit ABA’s agricultural banking webpages throughout the month for updates and information on how to better access ag loans, guidance on creating a strong marketing plan and tips to navigate tough times on the farm. Additionally, they can learn about farm credit system reform and find financial tips for America's young and beginning farmers. 

To learn more and register, click here.


CISA News: FREE WEBINAR | Exploring AI in Banking

March 13 at 10am CT

Join us for a virtual presentation by Brooke Ybarra, Senior Vice President of Innovation & Strategy with the ABA. Discussion around artificial intelligence (AI) has been unavoidable over the past year as ChatGPT captured the public’s imagination. In this session we will develop a foundation for understanding what AI is, the opportunities and risks that must be weighed, and potential use cases for banks. We’ll also explore policymaker reactions and activity.

While these webinars are FREE and open to ALL BANKERS, we do require registration so we can adequately manage our Zoom account.

Click here for details and to register.


  Compliance Alliance logo

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.


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Questions/Comments
Contact the SDBA at 605.224.1653 or via email