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ICBSD Blog

Our blog features the latest news, updates, and insights from the community banking industry.

Preventing Elder Financial Abuse

April 12, 2023

[vc_row][vc_column][vc_custom_heading text=\”Preventing Elder Financial Abuse\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal\”][vc_column_text]— Megan Olson, President & CEO, ICBSD Roughly 20 percent of older Americans fall prey to financial exploitation totaling $3 billion annually or an average of $120,000 per elderly victim, according to a study from the AARP Public Policy Institute. And given that only one out of every 44 financial […]

December 5, 2022

[vc_row][vc_column][vc_column_text]Written By: Valerie Anderson-Boudaka, ICBA National Director, Farmers State Bank of Canton As bankers, we are used to government overreach. I often wonder what the bankers in generations before me would have thought about the newest hot topic in banking- climate control. I think we can all agree, this is getting out of hand. The […]

The Purpose of Community Banking

December 5, 2022

[vc_row][vc_column][vc_column_text]Written By: Dillon Kjerstad, ICBSD Chairman of the Board What is the purpose of community banking? This is a question that could be open to some debate.However, those of us engaged in the business of independent community banking could agree that a central theme of our purpose is to “Make A Difference.” Not one bank […]

December 5, 2022

[vc_row][vc_column][vc_custom_heading text=”NOW ENROLLING: LEVEL UP” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text]Written By: Megan Olson, ICBSD President & CEO, ICBSD This spring ICBSD was fortunate to have the opportunity to work with ICBA and Philip Smith of The Smith Gerrish &Tuck Law Firm to create a new strategic plan to help guide us as we serve you and your bank. During […]

October 31, 2022

[vc_row][vc_column][vc_custom_heading text=”Federal Delegate’s Report” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text] By: Valerie Anderson-Boudaka, ICBA National Director, Farmers State Bank of Canton in Canton, SD I hope a fun time was had by all in the Black Hills at the ICBSD Retreat! It was great to see familiar faces and meet new people. A big thank you to Megan and Hannah […]

October 31, 2022

[vc_row][vc_column][vc_custom_heading text=”The Purpose of Community Banking” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text]by: Dillon Kjerstad, Vice President of First National Bank in Phillip and Chairman of the ICBSD Board of Directors What is the purpose of community banking? This is a question that could be open to some debate. However, those of us engaged in the business of independent community banking […]

October 31, 2022

[vc_row][vc_column][vc_custom_heading text=”Introducing Level Up: ICBSD’s Professional Leadership & Development Program” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text] This spring ICBSD was fortunate to have the opportunity to work with ICBA and Philip Smith of The Smith Gerrish &Tuck Law Firm to create a new strategic plan to help guide us as we serve you and your bank. During this session, we […]

Why ICBA Opposes the Flawed Marshall-Durbin Amendment Expansion Legislation

August 29, 2022

[vc_row][vc_column][vc_column_text]Sens. Roger Marshall (R-Kan.) and Dick Durbin (D-Ill.) recently introduced legislation expanding the broad authority of merchants over credit card transactions at the expense of community banks and the consumers they serve. Despite ICBA’s persistent communications on the negative impact of Durbin Amendment interventions on payment card systems, this latest iteration of Durbin only compounds […]

July 7, 2022

[vc_row][vc_column][vc_custom_heading text=”People You Should Know: Teresa Thill” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text]Advantage Network Manager, The Advantage Network, The First National Bank in Sioux Falls   INSPIRED BY COMMUNITY Teresa Thill has always had a love for finance. Even as a young child, she played restaurant with her sister and cousins — creating a menu with prices, calculating the bill, […]

Federal Delegate’s Report

June 30, 2022

[vc_row][vc_column][vc_custom_heading text=”Federal Delegate’s Report” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text] By: Valerie Anderson-Boudaka, President, Farmers State Bank of Canton Hello community bankers! Representing South Dakota as the Federal Delegate is a career highlight for me. I have met some of you, but there are many of you left that I need to meet. Let me introduce myself! My name is […]