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News
SDBA Events
ABA Banking Journal: Warsh to be sworn in as Fed chair on Friday
May 18, 2026

President Trump will host a swearing-in ceremony at the White House on Friday for incoming Federal Reserve Chairman Kevin Warsh, the news site MarketWatch reported.
The Senate voted last week to confirm Warsh as the next chairman. Jerome Powell was chairman but his term as chair expired last Friday. The Feb board named Powell chair pro tempore until Warsh is sworn in.
Original Article
ABA Banking Journal: Largest Bitcoin kiosk operator files for bankruptcy
May 19, 2026

The largest operator of Bitcoin kiosks in the U.S. is shutting down amid increased regulatory scrutiny of the role of “crypto ATMs” in facilitating scams, according to news reports.
The Atlanta-based Bitcoin Depot announced it had filed for Chapter 11 bankruptcy protection and has shut down its network of kiosks, the crypto industry news site CoinDesk reported. Bitcoin Depot had more than 9,000 kiosks in operation last year in the U.S., Canada and Australia.
The company blamed state regulation for the decline in its business model. At least 29 states have imposed restrictions on convertible virtual currency kiosks like those operated by Bitcoin Depot, with Indiana and Tennessee recently banning the machines entirely.
The FBI’s Internet Crime Complaint Center received more than 10,956 complaints involving CVC kiosks in 2024, with reported victim losses of approximately $246.7 million.
Original Article
ABA Banking Journal: Clarity Act needs further refinement


2026 NDBA/SDBA Annual Convention - EARLY BIRD RATE ENDS ON 5/22
June 15-17, 2026 | Bismarck, ND
Community banking is built on connection — between colleagues, institutions, and the communities we proudly serve. Across North and South Dakota, bankers collaborate, share insight, and lift one another up to make the industry stronger.
As our nation approaches its 250th anniversary, this year’s theme, Stronger Together, celebrates the shared values that unite us — collaboration, trust, and a steadfast commitment to doing what’s right. While the landscape may evolve, the heart of community banking remains constant. Bankers face challenges head-on, solve problems creatively, and move forward with optimism… always.
Join us in Bismarck this summer for the 2026 NDBA/SDBA Annual Convention, where we’ll celebrate our shared strength, honor our impact, and look ahead to what’s next.
Register by Friday, May 22, to access the early bird registration rate. Convention details and registration materials can be found here.
2026 SDBA Farm & Ranch Profit in Conservation
Wednesday, July 8 | Virtual
Conservation programs are an often misunderstood, underused resource. The focus of conservation agencies and organizations in South Dakota is producer profit. This webinar will explain the conservation structure in South Dakota, where to start, beginning farmer/rancher benefits, what programs are available and how they help increase profit, and actual producer project run-through.
This is a FREE event; however registration is required so we can adequately manage our Zoom account. Click here for the agenda and to register.
REGISTRATION OPEN: 2026 SDBA IRA SCHOOL
September 22-24 | Sioux Falls, SD
The SDBA will host the 2026 IRA School in Sioux Falls, SD, on September 22-24. The Secure Act impacts two main topics: RMDs and death distributions. During IRA School, instructor, Matt Dickinson, will address these relevant changes. In addition, IRAs are one of the most complicated areas of bank personnel responsibility, and it is not possible to learn and understand everything. Continual education is necessary to ensure confidence. Working with IRAs is a process and must start with a strong foundation. This school can provide this foundation through a comprehensive curriculum.
This school is ideal for new IRA and experienced staff, this program is the quickest, easiest and most comprehensive coverage of IRAs and HSAs. The school will cover new and current IRA material, and previous topics covered at the school will be expanded.
Registration is open! Click here to review the curriculum and register.
Online Education

Participating in learning opportunities outside the bank can be challenging. Take advantage of the SDBA's extensive selection of webinars and on-demand training to enhance your banking expertise directly from your computer.
GSB Online Seminars OnCourse Learning SBS Institute ABA Training
Learn how to put compliance management solutions from Compliance Alliance to work for your bank, by contacting (888) 353-3933 or [email protected] and ask for our Membership Team. For timely compliance updates, subscribe to Bankers Alliance’s email newsletters.
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