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March 10, 2022
Tester: Libor Fix Legislation Is in Must-Pass Spending Bill
A bipartisan, ABA-advocated bill to address “tough legacy” Libor contracts is included in the omnibus spending bill that Congress is expected to pass in the c...
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March 3, 2022
SDBA Seeking Candidates for Board Elections
Elections for the SDBA’s Board of Directors are scheduled for April. Two seats are up for election: Group I and Group III.
The Group I seat is currently held by John McGrath, F...
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February 24, 2022
ABA, Trade Groups Urge Congress to Raise Small Business Program Cap
ABA and a coalition of trade groups yesterday urged congressional leaders to increase the authorization level for the Small Business Administration’s...
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February 17, 2022
South Dakota Banking Industry Defeats Government Mandate Bill
The SDBA and its membership were successful this week in defeating a bill before the South Dakota Legislature that would have mandated how banks should oper...
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February 10, 2022
SDBA Unveils Banks Make a Difference Survey Results
South Dakota banks and their employees are cornerstones of their communities, providing philanthropy and volunteer leadership that helps transform lives. South Dakota ...
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February 3, 2022
Your Support Needed: Engage in Hot Topic Banking Issues in Pierre Next Week
Issues of importance to the banking industry are surfacing at the South Dakota Legislature, and bankers are needed in Pierre next Wednesday, Feb...
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January 27, 2022
Make Your Voice Heard at SDBA State Legislative Day
SDBA President Karl Adam and SDBA Legal Counsel Brett Koenecke met with the SDBA Legislative Committee yesterday via Zoom to discuss legislation this session that could...
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January 20, 2022
ABA Invests in NYDIG to Support Banks Offering Crypto Services
As consumers increasingly look to banks to help them safely hold cryptocurrencies and other digital assets, ABA President and CEO Rob Nichols announced in an...
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January 13, 2022
SDBA State Legislative Day Hotel Blocks Extended
If you have not yet reserved your hotel room for the SDBA's State Legislative Day on Feb. 9 in Pierre, the hotel blocks have been extended. The hotel block at the Ramkota ...
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January 6, 2022
McWilliams to Resign from FDIC
FDIC Chairman Jelena McWilliams last Friday announced that she will resign from the agency on Feb. 4. Her resignation comes following a conflict among the FDIC’s directors over the powers ...
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December 30, 2021
Nichols Recaps ABA's 2021 Accomplishments
In a year-end message to ABA member banks last week, ABA President and CEO Rob Nichols provided a recap of several major accomplishments made on behalf of the banking industry i...
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December 22, 2021
Happy Holidays from the SDBA
Whatever is beautiful. Whatever is meaningful. Whatever brings you happiness. May it be yours this holiday season and throughout the coming year.
During the holiday season, the SDBA likes t...
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December 16, 2021
Make Sure Our Industry Is Heard at 2022 SDBA State Legislative Day
The SDBA State Legislative Day on Feb. 9, 2022, at the Ramkota Hotel & Conference Center in Pierre is your opportunity to stay up-to-date on both st...
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December 9, 2021
2022 National School for Beginning Ag Bankers Registration Open
The National School for Beginning Ag Bankers is an intensive school designed to train in all facets of agricultural lending with emphasis on credit analysis...
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December 2, 2021
South Dakota Division of Banking Issues Medical Cannabis Guidance
The South Dakota Division of Banking on Nov. 18 issued medical cannabis guidance to South Dakota state-chartered banks which plan to provide financial ser...
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November 18, 2021
Banking, Consumer Groups Call for Oversight Hearing on NCUA
In a joint letter with the Independent Community Bankers of America and the National Community Reinvestment Coalition yesterday, ABA urged lawmakers to schedul...
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November 10, 2021
Federal Court Issues Administrative Stay of Vaccine Mandate
A federal appellate court on Saturday issued an administrative stay of enforcement of the emergency temporary standard that will require all employers with 100...
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November 4, 2021
Report: IRS Reporting Provision Pulled from House Budget Bill
With bipartisan opposition growing for a controversial proposal that would require financial institutions to report information on gross inflows and outflow...
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October 28, 2021
SDBA Holds NEXT STEP: Emerging Leaders Summit in Sioux Falls
Eighty-five emerging bank leaders from across the state gathered in Sioux Fall yesterday for the SDBA's NEXT STEP: Emerging Leaders Summit. The annual event i...
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October 21, 2021
SDBA Issues Op-Ed on How IRS Tax Reporting Proposal Would Affect South Dakotans
The SDBA today sent an op-ed to South Dakota media regarding the Biden administration's proposed sweeping expansion of tax information repor...