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September 1, 2022
"SDBA Bank Squawk" Podcast Hosts First Guest, U.S. Senator Mike Rounds
On Tuesday, August 16, U.S. Senator Mike Rounds joined Karl at the SDBA Office to talk about current banking issues and the impact they're having ...
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August 25, 2022
Compliance Management Systems and Enterprise Risk Management Conference
The SDBA will be partnering with Michigan Bankers Association to bring you a hybrid “Compliance Management Systems and Enterprise Risk Management�...
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August 18, 2022
Avoiding Multiple NSF Fee Pitfalls
The March 2022 FDIC publication Supervisory Highlights included a warning to banks regarding recent lawsuits and examination findings wherein banks have charged more than one NSF fee for...
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August 11, 2022
Action Needed: Ask Congress to Oppose Durbin Expansion Bill
Sens. Roger Marshall (R-Kan.) and Dick Durbin (D-Ill.) introduced a controversial bill that would create new credit card routing mandates that will affect banks ...
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August 4, 2022
Order your 2023 Scenes of South Dakota Calendars!
The SDBA is now taking orders for the 2023 Scenes of South Dakota Calendars!
Orders placed by September 1 will receive the low price of $1.55 per calendar. After Septemb...
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July 28, 2022
Registration Open for SDBA Introduction to HSAs Webinar - Thursday, August 25
Health Savings Accounts (HSAs) are a popular health care option for employers offering coverage to employees and individuals/families not covered...
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July 21, 2022
2023 Scenes of South Dakota Calendar Photo Submission Deadline Approaching
The SDBA is currently accepting photo submissions for its 2023 Scenes of South Dakota Calendar. The calendar features photos of South Dakota submit...
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July 14, 2022
SDBA Seeking Photos for 2023 Scenes of South Dakota Calendar
The SDBA is currently accepting photo submissions for its 2023 Scenes of South Dakota Calendar. The calendar features photos of South Dakota submitted by South D...
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July 7, 2022
605 Strong Hotline
We have experienced several rough and ugly summer storms, and we likely haven’t seen the last of those. As a reminder, if you or someone you know is experiencing mental anguish due to these tough and cha...
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June 30, 2022
Ag Credit Conference Quickly Approaching
Reminder to register for the SDBA Ag Credit Conference, scheduled for July 20-21 at the Ramkota Hotel and Conference Center in Pierre, S.D. Early bird registration rates end on July ...
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June 23, 2022
ABA report: Farm banks' ag lending ticks up in 2021
Agricultural lending by U.S. farm banks increased 5.5% in 2021 to $99.6 billion, according to the American Bankers Association’s Farm Bank Performance Report. The chang...
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June 9, 2022
ABA Raises Concerns About Digital Asset Regulation Bill
Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) today introduced the Responsible Financial Innovation Act—a bill that would create a regulatory fra...
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June 2, 2022
Memorandum for Remote Work Staff of South Dakota Banks
The Division is providing this guidance to assist bank management with defining remote work conditions and corresponding security protocols. South Dakota bank staff may ...
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May 26, 2022
ABA’s Nichols: Despite economic headwinds, banks are healthy and prepared
While uncertainty surrounds the U.S. economy at present, America’s banks remain healthy and prepared to support the communities they serve, said A...
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May 19, 2022
Message from Bret Afdahl, Director of South Dakota Division of Banking, re: last week's storm damage
Good morning. Many South Dakota communities, businesses, and farms were impacted by last Thursday’s storm, including seve...
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May 12, 2022
Banking groups call for changes to SEC cyber incident reporting proposal
On Monday, American Bankers Association and a coalition of financial services groups called for extensive changes to a proposal by the Securities and E...
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May 5, 2022
Fed Announces 50 Basis Point Rate Hike
In a significant move yesterday, the Federal Reserve announced that it will increase the target range for the federal funds rate to 0.75 to 1%, and signaled that “ongoing increases i...
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April 28, 2022
ABA Launches 'Vote 2022' Website Ahead of Elections
With the 2022 midterm elections approaching, ABA has launched a voter resource center on its Secure American Opportunity grassroots platform. The site is meant to help ba...
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April 21, 2022
ABA names new head of congressional relations and legislative affairs
The American Bankers Association has selected Kirsten Sutton to serve as EVP of congressional relations and legislative affairs. She succeeds James Ball...
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April 14, 2022
Agencies to Host Webinar on Cyber Security Notification Rule
The Federal Reserve, FDIC and OCC will host a joint “Ask the Regulators” webinar on Thursday, April 28 at 1 p.m. CDT on the recently finalized computer secur...