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July 18, 2024
ABA Banking Journal: Don’t Reward Misleading Data
The CFPB continues to mislead policymakers and the public about credit card rewards programs.
June 18, 2024 | Thomas Rosenkoetter
In recent months, the Consumer Financia...
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July 11, 2024
ABA: Supreme Court Ruling to Have Major Regulatory Impact on Banks
Last month, the US Supreme Court reversed a 40-year-old decision that granted federal agencies broad regulatory power, limiting their authority to issue reg...
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SDBA eNews: April 9, 2014
In This Issue
SDBA To Launch New Website
Input from Community Bankers Sought
Time-Sensitive Online Seminar for NEW FFIEC ATM Guidelines
Considerations Offered on End of...
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July 4, 2024
ABA Newsbytes: ABA Reiterates Concerns About Executive Compensation Proposal
ABA has again commented on the reintroduction of a 2016 proposed rule to create new limits on incentive compensation at certain financial institution...
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June 27, 2024
ABA Newsbytes: Nichols: ABA Fighting 'Regulatory Tsunami' on Behalf of Banking Industry
From the Basel III endgame to interchange proposals being considered by both Congress and the Federal Reserve, to a wave of unwarranted a...
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June 20, 2024
ABA Newsbytes: 'Don't Reward CFPB's Misleading Data' on Card Rewards
The CFPB’s use of consumer complaints in its report on credit card rewards cherry-picks data and presents a misleading picture, ABA SVP Tom Rosenkoetter...
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June 13, 2024
ABA Newsbytes: Nichols Warns about State Efforts to Undermine National Bank Preemption
ABA President and CEO Rob Nichols yesterday told bankers that ABA will remain vigilant about legislation at the state level that threatens...
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June 6, 2024
ABA Newsbytes: CFPB Warns Against Certain Terms in Financial Service Contracts
The CFPB yesterday released a circular that warns against unlawful or unenforceable terms and conditions in contracts for consumer financial produc...
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May 30, 2024
ABA Newsbytes: Mega-Retailers Versus the Public Interest
The Federal Reserve’s proposal to lower debit card transaction interchange fees for the first time since 2011 is drawing cheers from the retail industry lobby—and je...
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May 23, 2024
ABA Newsbytes: ABA, Associations: Fighting Fraud is a Multi-Industry, Government Effort
While banks have technology and infrastructure in place to help defend themselves and their customers, fighting fraud is a multipronged ef...
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May 16, 2024
ABA Newsbytes | FinCEN, SEC propose requiring investment advisers to collect customer identifications
The Securities and Exchange Commission and Financial Crimes Enforcement Network today proposed a new rule to require SEC-re...
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May 9, 2024
ABA Newsbytes | Threading the Needle on Climate Risk
In today’s media and political environment, it is almost impossible to avoid discussions on climate change, and within banks, there are likely a wide range of views on the ...
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May 2, 2024
ABA Newsbytes | ABA Urges FinCEN to Reevaluate BOI Collection Burden on Banks
Before it makes changes to the rule spelling out the policies and procedures banks must have in place to collect beneficial ownership information for...
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April 25, 2024
ABA Newsbytes | Bankers: Urge Lawmakers to Pause Fed Plan to Slash Debit Card Interchange Fees
ABA is calling on bankers to contact their representatives to urge them to support a House bill that would require the Federal Re...
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April 18, 2024
ABA Newsbytes: Nichols Highlights Regulatory Lawsuits at American Mortgage Conference
With four active lawsuits against regulatory agencies, ABA President and CEO Rob Nichols emphasized Monday that filing a lawsuit is “not...
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April 11, 2024
ABA Newsbytes: Senators Introduce Resolution to Overturn CFPB Credit Card Late Fee Rule
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) and 12 Republican senators on Monday introduced a Senate joint resolution to ...
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April 4, 2024
FDIC Directors' College | Register Today!
The FDIC, in partnership with the South Dakota Bankers Association, will hold the 2024 Bank Directors’ College May 8 at the Ramkota Hotel in Sioux Falls. This one-day educational se...
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March 28, 2024
Applications Now Open for State Investment Council
Here is an opportunity for an SDBA member banker, that is focused and trained in the field of investment and finance, to apply for an opening on the State Investment Counci...
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March 21, 2024
ABA Newsbytes: Nichols: ABA Advocacy Has 'Evolved' to Address Current Climate
ABA President and CEO Rob Nichols outlined how the association’s advocacy strategy has evolved in recent days to address the current political l...
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March 14, 2024
ABA Sues CFPB Over New Regulation Restricting Credit Card Late Fees
WASHINGTON — The American Bankers Association today joined the U.S. Chamber of Commerce, Fort Worth Chamber of Commerce, Longview Chamber of Commerce, Con...