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  • 1-7-21 eNews

    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...
  • 12-23-20 eNews

    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...
  • 12-17-20 eNews

    December 17, 2020 SD Bankers Foundation Scholarship Application Deadline Extended The application period for the South Dakota Bankers Foundation’s new post-secondary scholarships has been extended to Dec. 31, 2020. SDBA member banks ca...
  • 12-10-20 eNews

    December 10, 2020 ABA, State Bankers Associations Call on Congress to Extend TDR Provision ABA and 51 state bankers associations yesterday called on lawmakers to extend the troubled debt restructuring provisions in the CARES Act that all...
  • 12-3-20 eNews

    December 3, 2020 SBA Releases PPP Loan Data; ABA Updates Talking Points and Resources The Small Business Administration on Tuesday released names, addresses, loan amounts and names of lenders for all Paycheck Protection Program borrowers...
  • 11-19-20 eNews

    November 19, 2020 ABA, Trade Groups Call for Halt to PPP Loan Necessity Questionnaires  The ABA on Tuesday joined a broad coalition of groups from various industries in a letter to the Small Business Administration and Treasury Departme...
  • 11-12-20 eNews

    November 12, 2020 With Presidential Race Called, ABA Releases 2020 Election Analysis With major media outlets calling the 2020 presidential election for former Vice President Joe Biden and Sen. Kamala Harris over the weekend, ABA Presid...
  • 11-5-20 eNews

    November 5, 2020 ABA to Host Webinar on Election Results The results of the presidential election are still up in the air this morning as several large states with narrow margins continue counting absentee and mail-in ballots. The ABA g...
  • 10-29-20 eNews

    October 29, 2020 SBA Issues Questionnaires to Borrowers for PPP Loans of $2 Million or More As part of its review of Paycheck Protection Program loans totaling $2 million or more, the Small Business Administration will begin sending loan...
  • 10-22-20 eNews

    October 22, 2020 FDIC Provides Temporary Relief for Banks with COVID-Bulked Balance Sheets For banks that have experienced rapid and possibly short-term inflows of assets and deposits during the coronavirus pandemic, the FDIC on Tuesday ...
  • 10-15-20 eNews

    October 15, 2020 SDBA Emerging Leaders Summit Going All Virtual The SDBA is going all virtual with its 2020 NEXT STEP: Emerging Leaders Summit on Oct. 27-28. In order to ensure the safety and well-being of our members, the decision was ...
  • 10-8-20 eNews

    October 8, 2020 SBA Updates PPP FAQs to Address Payment Deferral Extension  The Small Business Administration and Treasury Department last night updated the Paycheck Protection Program FAQs to address the deferral period extension grant...
  • 10-1-20 eNews

    October 1, 2020 ABA, Trade Groups Make Push for More PPP Funding, Streamlined Forgiveness With time running out before Congress adjourns ahead of the November elections, ABA joined nine financial trade associations in a letter on Tuesday...
  • 9-23-20 eNews

    September 23, 2020 Women in Banking Conference Going All Virtual on Thursday The SDBA is going all virtual with its 2020 LEAD STRONG: Women in Banking Conference set for Thursday. In order to ensure the safety and well-being of our memb...
  • 9-17-20 eNews

    September 17, 2020 Registration Open for NEXT STEP: SDBA Emerging Leaders Summit NEXT STEP: Emerging Leaders Summit is designed to help cultivate, connect, engage and empower South Dakota’s future bank leaders. This event will encourag...
  • 9-10-20 eNews

    September 10, 2020 SDBA Women in Banking Conference to Educate, Enlighten and Engage Don't miss out on three opportunities to take part in this year's SDBA LEAD STRONG: Women in Banking Conference set for Sept. 23-24. Join us live at th...
  • 9-3-20 eNews

    September 3, 2020 Karl Adam Hired as New SDBA President SDBA Chair Steve Bumann announced on Tuesday the hiring of Karl Adam as the 11th president of the SDBA. Following his attainment of undergraduate and graduate degrees from the Univ...
  • 8-27-20

    August 27, 2020 FHFA Delays GSE Refinance Fee to Dec. 1 The Federal Housing Finance Agency (FHFA) on Tuesday delayed a 50-basis-point fee it had planned to start imposing on Fannie Mae and Freddie Mac refinanced mortgages. Instead of tak...
  • 8-20-20 eNews

    August 20, 2020 ABA, Groups Criticize New GSE Fee on Refinances, Call for Withdrawal In a surprise move last week, Fannie Mae and Freddie Mac announced that they will impose an “adverse market refinance fee” of 50 basis points for no...
  • 8-13-20 eNews

    August 13, 2020 SDBA Provides Three Options to Attend Women in Banking Conference We don’t know about you, but we at the SDBA are COVID-ed out! Our yoga pants are worn out from working at home, we still haven’t mastered “new math,...