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August 29, 2019
South Dakota Farm and Ranch Stress Summit Set for Sept. 23-25
The SDSU Extension Rural Behavioral Health Team is partnering with the South Dakota Counselors Association to provide the South Dakota ...
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August 22, 2019
FDIC, OCC Finalize Volcker Overhaul Proposal
The FDIC and the OCC on Tuesday approved a long-awaited set of changes to the Volcker Rule simplifying the rule’s compliance burden and better targeting its effects toward ...
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August 15, 2019
SDBA Holds Ag Credit Conference this Week
More than 150 ag bankers from across South Dakota are attending the SDBA's Agricultural Credit Conference today and tomorrow in Pierre. The annual conference was originally sche...
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August 8, 2019
Consumer Credit Growth Decelerates in June
Consumer credit increased at a seasonally adjusted annual rate of 4.3 percent in June. Total outstanding credit increased $14.6 billion during the month to $4.10 trillion.
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July 25, 2019
Registration Open for SDBA 2019 Compliance Workshop
With so much up in the air in this regulatory environment, one thing that remains constant is the need for a commitment to compliance. Therefore, a strong understanding...
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July 18, 2019
Registration Open for LEAD STRONG: Women in Banking Conference
Registration is now open for the SDBA's second annual LEAD STRONG: Women in Banking Conference. The event is set for Oct. 10, 2019, at the Sioux Falls Conven...
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July 11, 2019
Registration Now Open for SDBA 2019 Bank Technology Conference
The role of an IT professional is ever-changing, especially in today’s environment. The SDBA Bank Technology Conference is designed to provide support as y...
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July 3, 2019
Private Flood Insurance Rule Takes Effect
The financial regulatory agencies’ joint rule on private flood insurance acceptance took effect on Monday, July 1. The rule is the long-awaited implementation of the 2012 Biggert...
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June 27, 2019
Ask Lawmakers to Co-sponsor Legislation to Delay CECL Implementation
The Financial Accounting Standard Board’s new Current Expected Credit Loss (CECL) standard poses significant operational challenges for the banking ...
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June 20, 2019
Fed to Maintain Interest Rates but Signals Shift in Sentiment
The Federal Open Market Committee announced yesterday that it would maintain the target range for the federal funds rate at the current 2.25-2.5%. While the FO...
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June 13, 2019
OCC Official: Expect CRA Reform Proposal by End of Summer
The federal banking agencies expect to issue a notice of proposed rulemaking to revise their Community Reinvestment Act regulations by the end of summer, Senior De...
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June 6, 2019
McWilliams: CRA Reform to Clarify Qualifying Activities, Lending Assessment
In remarks Wednesday at a meeting of community development bankers, FDIC Chairman Jelena McWilliams highlighted several ongoing initiatives at the...
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May 30, 2019
SDBA/NDBA Annual Convention Kicks Off on Sunday
Question: How do you climb a mountain? Answer: One step at a time.
Dr. Richard Deming will be the fellowship keynote at this year's SDBA/NDBA Annual Convention on Monday, Ju...
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May 23, 2019
Bill Introduced to 'Stop and Study' CECL
Sen. Thom Tillis (R-N.C.) on Tuesday introduced a long-awaited bill—S. 1564—calling for a delay in the implementation of the Financial Accounting Standards Board’s current exp...
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May 16, 2019
Don't Miss Out on SDBA's Largest Event of the Year
Evolving digital technologies, shifting consumer preferences and increasing competition are creating new challenges for banks. As the banking industry is being transformed...
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May 9, 2019
State AGs Call for Legal Clarity on Banking Legitimate Cannabis Businesses
In letter to congressional leaders yesterday, a bipartisan group of 38 state attorneys general urged lawmakers to advance legislation allowing bank...
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May 2, 2019
Three Elected to SDBA Board of Directors
The SDBA recently held elections for three of the nine seats on its Board of Directors. Elected to serve on the SDBA Board of Directors were:
Pete Mehlhaff, President/CEO, Great P...
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April 25, 2019
Deadline Nearing to Request Appointment to SDBA Standing Committees
The SDBA will appoint standing committee members for the upcoming year in May. SDBA committees are: Agricultural Credit Committee, Credit Card Committee...
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April 18, 2019
SDBA Ag Credit Conference Rescheduled to August 14-16
The SDBA's Agricultural Credit Conference originally set for April 10-12 but canceled due to weather has been rescheduled to Aug. 14-16 at the Ramkota Hotel & Con...
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April 11, 2019
SDBA Ag Credit Conference Postponed
The SDBA's Agricultural Credit Conference scheduled for this week in Pierre has been postponed due to the weather. The SDBA is currently working on a new conference date for late summe...
