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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...
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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...
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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, ...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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January 9, 2020
Brainard Floats Fed's Alternative Ideas on CRA Modernization
Federal Reserve Governor Lael Brainard, the agency’s point person for the Community Reinvestment Act modernization process, yesterda...
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January 2, 2020
Fed Finalizes Extended Hours to Facilitate Same-Day ACH
In a move supported by ABA, the Federal Reserve last week finalized new operating hours and procedures for the National Settlement Service...
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December 26, 2019
Senate Clears 2020 Spending Bills; Orders CECL Review
In a 71 to 23 vote last Thursday, the Senate approved a spending package for the current fiscal year, funding the government through Sept. ...
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December 19, 2019
Registration Open for SDBA State Legislative Day
The SDBA 2020 State Legislative Day on Feb. 12 at the Ramkota Hotel & Conference Center in Pierre is your opportunity to stay up-to-date on ...