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  • 5-28-20 eNews

    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...
  • 5-21-20 eNews

    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...
  • 5-14-20 eNews

    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...
  • 5-7-20 eNews

    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...
  • 4-30-20 eNews

    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...
  • 4-23-20 eNews

    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...
  • 4-16-20 eNews

    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, ...
  • 4-9-20 eNews

    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...
  • 4-2-20 eNews

    April 2, 2020 Treasury Issues Guidelines, Application for SBA Paycheck Protection Program The Treasury Department on Tuesday issued much-anticipated guidance for the Paycheck Protection Program, which starting...
  • 3-26-20 eNews

    March 26, 2020 ABA-Advocated Provisions Included in New Coronavirus Bill In a unanimous vote late last night, the Senate passed a sweeping $2 trillion stimulus package to provide relief to American consumers a...
  • 3-19-20 eNews

    March 19, 2020 South Dakota Banks Remain Financially Solid South Dakota banks are ensuring the delivery of important financial services such as money and credit availability, while proactively working to safeg...
  • 3-11-20 eNews

    March 11, 2020 SDBA Seeking Candidates for Board Elections Elections for the SDBA’s Board of Directors are scheduled for April. Two directors have terms that expire on April 30, 2020, in addition to a vacanc...
  • 3-5-20 eNews

    March 5, 2020 Fed Announces Emergency Rate Cut Amid Coronavirus Fears; ABA Updates Bankers on Latest Developments Acknowledging the “evolving risks” that the coronavirus outbreak poses to the U.S. economy,...
  • 2-27-20 eNews

    February 27, 2020 Registration Open for SDBA 2020 Ag Credit Conference Registration is now open for the SDBA's 2020 Agricultural Credit Conference set for April 15-17 at the Ramkota Hotel & Conference Cent...
  • 2-20-20 eNews

    February 20, 2020 National Taxpayers Union Calls on Lawmakers to Revisit CU Tax Exemption Congress should focus its attention in 2020 on the tax treatment of large, bank-like credit unions and reconsider the m...
  • 2-13-20 eNews

    February 13, 2020 Governor Noem Asks for Bankers Support of County Zoning Bill Bankers from across the state gathered in Pierre yesterday to network with each other, state legislators and constitutional offic...
  • 2-6-20 eNews

    February 6, 2020 Change in SDBA State Legislative Day Lineup, Still Time to Register Due to a scheduling conflict, Mark Zinder will be taking the place of Bob Sellers as the keynote speaker at the SDBA State L...
  • 1-30-20 eNews

    January 30, 2020 Learn What's Next in Washington at State Legislative Day Our Founding Fathers could not have envisioned 24-hour cable news networks, viral videos or fake news purveyors in foreign countries tryi...
  • 1-23-20 eNews

    January 23, 2020 ABA, Groups Highlight TRID Burden Ahead of CFPB Assessment As the Consumer Financial Protection Bureau prepares to conduct its five-year assessment of the 2013 TILA-RESPA Integrated Disclosure R...
  • 1-16-20 eNews

    January 16, 2020 South Dakota Legislature Opens This Week On Tuesday, Gov. Kristi Noem delivered the annual State of the State Address to open the 2020 South Dakota Legislature in Pierre. Among other topics, Noe...