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January 7, 2021
SDBA to Hold Virtual Cannabis/Hemp Banking 101 Webinar
With the passage of Amendment A and Initiated Measure 26 legalizing medical and recreational use of marijuana in South Dakota, the SDBA is committed to supporting i...
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December 23, 2020
Congress Approves COVID-19 Relief Bill, Reauthorizes PPP
House and Senate lawmakers late Monday night passed a $900 billion bipartisan coronavirus relief package. President Donald Trump on Tuesday night suggested he mi...
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December 17, 2020
SD Bankers Foundation Scholarship Application Deadline Extended
The application period for the South Dakota Bankers Foundation’s new post-secondary scholarships has been extended to Dec. 31, 2020. SDBA member banks ca...
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December 10, 2020
ABA, State Bankers Associations Call on Congress to Extend TDR Provision
ABA and 51 state bankers associations yesterday called on lawmakers to extend the troubled debt restructuring provisions in the CARES Act that all...
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December 3, 2020
SBA Releases PPP Loan Data; ABA Updates Talking Points and Resources
The Small Business Administration on Tuesday released names, addresses, loan amounts and names of lenders for all Paycheck Protection Program borrowers...
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November 19, 2020
ABA, Trade Groups Call for Halt to PPP Loan Necessity Questionnaires
The ABA on Tuesday joined a broad coalition of groups from various industries in a letter to the Small Business Administration and Treasury Departme...
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November 12, 2020
With Presidential Race Called, ABA Releases 2020 Election Analysis
With major media outlets calling the 2020 presidential election for former Vice President Joe Biden and Sen. Kamala Harris over the weekend, ABA Presid...
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November 5, 2020
ABA to Host Webinar on Election Results
The results of the presidential election are still up in the air this morning as several large states with narrow margins continue counting absentee and mail-in ballots. The ABA g...
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October 29, 2020
SBA Issues Questionnaires to Borrowers for PPP Loans of $2 Million or More
As part of its review of Paycheck Protection Program loans totaling $2 million or more, the Small Business Administration will begin sending loan...
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October 22, 2020
FDIC Provides Temporary Relief for Banks with COVID-Bulked Balance Sheets
For banks that have experienced rapid and possibly short-term inflows of assets and deposits during the coronavirus pandemic, the FDIC on Tuesday ...
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October 15, 2020
SDBA Emerging Leaders Summit Going All Virtual
The SDBA is going all virtual with its 2020 NEXT STEP: Emerging Leaders Summit on Oct. 27-28. In order to ensure the safety and well-being of our members, the decision was ...
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October 8, 2020
SBA Updates PPP FAQs to Address Payment Deferral Extension
The Small Business Administration and Treasury Department last night updated the Paycheck Protection Program FAQs to address the deferral period extension grant...
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October 1, 2020
ABA, Trade Groups Make Push for More PPP Funding, Streamlined Forgiveness
With time running out before Congress adjourns ahead of the November elections, ABA joined nine financial trade associations in a letter on Tuesday...
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September 23, 2020
Women in Banking Conference Going All Virtual on Thursday
The SDBA is going all virtual with its 2020 LEAD STRONG: Women in Banking Conference set for Thursday. In order to ensure the safety and well-being of our memb...
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September 17, 2020
Registration Open for NEXT STEP: SDBA Emerging Leaders Summit
NEXT STEP: Emerging Leaders Summit is designed to help cultivate, connect, engage and empower South Dakota’s future bank leaders. This event will encourag...
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September 10, 2020
SDBA Women in Banking Conference to Educate, Enlighten and Engage
Don't miss out on three opportunities to take part in this year's SDBA LEAD STRONG: Women in Banking Conference set for Sept. 23-24. Join us live at th...
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September 3, 2020
Karl Adam Hired as New SDBA President
SDBA Chair Steve Bumann announced on Tuesday the hiring of Karl Adam as the 11th president of the SDBA.
Following his attainment of undergraduate and graduate degrees from the Univ...
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August 27, 2020
FHFA Delays GSE Refinance Fee to Dec. 1
The Federal Housing Finance Agency (FHFA) on Tuesday delayed a 50-basis-point fee it had planned to start imposing on Fannie Mae and Freddie Mac refinanced mortgages. Instead of tak...
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August 20, 2020
ABA, Groups Criticize New GSE Fee on Refinances, Call for Withdrawal
In a surprise move last week, Fannie Mae and Freddie Mac announced that they will impose an “adverse market refinance fee” of 50 basis points for no...
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August 13, 2020
SDBA Provides Three Options to Attend Women in Banking Conference
We don’t know about you, but we at the SDBA are COVID-ed out! Our yoga pants are worn out from working at home, we still haven’t mastered “new math,�...
