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May 13, 2021
SDBA Welcomes Four New Board Members
The SDBA recently held elections for three of the 10 seats on its Board of Directors. Elected to serve on the SDBA Board of Directors were:
Nathan Franzen, President of Ag Banking,...
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May 6, 2021
Fed Proposes Guidelines for Payments System Access
In a significant move yesterday, the Federal Reserve proposed new guidelines that it will use when evaluating requests for master accounts with the Fed or access to the agenc...
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April 29, 2021
ABA Calls for Withdrawal of NCUA CUSO Proposal
ABA yesterday urged the National Credit Union Administration (NCUA) to withdraw a proposed rule that would expand the range of permissible lending activity for credit union se...
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April 22, 2021
Registration Open for SDBA Ag Credit Conference
The SDBA will hold the 2021 Agricultural Credit Conference in person on July 21-22 at the Ramkota Hotel & Conference Center in Pierre.
This conference focuses on the uni...
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April 15, 2021
Basel Committee Publishes Paper to Guide Work on Climate Risk
The Basel Committee yesterday published two papers on climate-related risk that will serve as a “conceptual foundation” as the committee works to incorpor...
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April 8, 2021
SDBA Seeks Bankers to Serve on Committees and Work Groups
The SDBA is seeking bankers to serve on four standing committees and four work groups for 2021-2022.
The committees are: Agricultural Credit Committee, Credit Card ...
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April 1, 2021
Quad States Convention Registration and Hotel Block Now Open
The pandemic has forced organizations to transform and move faster than any of us thought possible to support our employees, customers and communities. In order f...
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March 25, 2021
SBA Issues Interim Final Rule Implementing PPP Changes
The Small Business Administration last Thursday issued an interim final rule implementing changes to the Paycheck Protection Program that were included in the American...
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March 18, 2021
IRS Issues EIP FAQs as Direct Deposits Begin Moving
The IRS announced last Friday that the third round of economic impact payments will begin reaching Americans over the next week.
“Additional batches of payments will b...
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March 11, 2021
House Passes Final Version of COVID-19 Relief Bill
By a vote of 220 to 211 yesterday, the House passed the Senate-amended version of the $1.9 trillion COVID-19 relief bill. The bill now goes to President Biden for signatur...
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March 4, 2021
SBA Adjusts PPP Payroll Calculation for Form 1040, Schedule C Filers
The Small Business Administration yesterday issued an interim final rule implementing recent changes to the Paycheck Protection Program. The IFR allows in...
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February 25, 2021
SDBA Seeking Candidates for 2021 Board Elections
Elections for the SDBA’s Board of Directors are scheduled for April. Three seats are up for election: Group II, Small Community Bank Category, and Large Community &...
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February 18, 2021
Quad States Convention Sponsorship, Advertising Information Available
As we REIMAGINE, REINVENT and REVOLUTIONIZE in A NEW DIRECTION at the 2021 Quad States Convention on June 14-15 at The Monument (former Rushmore Plaz...
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February 11, 2021
South Dakota Banks Make a Difference in Our Communities
The SDBA unveiled the results of its annual South Dakota Banks Make a Difference Survey during the SDBA State Legislative Day held virtually yesterday. Each Janua...
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February 4, 2021
SDBA Seeking Candidates for Vice Chair
Are you interested in becoming an officer of the South Dakota Bankers Association?
SDBA officers include the chair, chair-elect, vice chair and immediate past chair. The SDBA is cu...
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January 28, 2021
Don't Miss Out on SDBA's Virtual State Legislative Day
The SDBA will hold its 2021 State Legislative Day on Wednesday, Feb. 10, virtually via Zoom. This is your opportunity to stay up-to-date on both state and federal le...
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January 21, 2021
SBA Issues FAQs on Revenue Reduction, Loan Calculations for Second-Draw PPP Loans
With the Paycheck Protection Program portal reopening for all lenders Tuesday morning, the Small Business Administration on Tuesday issued...
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January 14, 2021
SBA to Open PPP Portal to Lenders with Less Than $1B in Assets on Friday
The Small Business Administration will open the Paycheck Protection Program portal on Friday to lenders with $1 billion or less in assets to begin ...
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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...
