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ICBSD Blog
Our blog features the latest news, updates, and insights from the community banking industry.
[vc_row][vc_column][vc_custom_heading text=\”Four Steps to Take Now to Prepare for CFPB Small Business Fair Lending Reviews\” font_container=\”tag:h2|text_align:center\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal\”][vc_column_text] CFPB is currently scheduling Small Business Fair Lending Reviews at financial institutions of all sizes, with a strong focus on pandemic lending practices. We explore what to expect and how to prepare. Small businesses are the lifeblood of […]
[vc_row][vc_column][vc_column_text] Today, there are more banking options available to consumers than ever before making it difficult to know who to trust your hard-earned month with. Local, independent community banks are crucial to the success and vibrancy of the communities they serve. In fact, it pays to bank locally! Here’s why: Lowers Costs and Better Services […]
[vc_row][vc_column][vc_column_text] When you support your local, independent bank, you support your community. The Independent Community Bankers of South Dakota (ICBSD) is reminding consumers: where you choose to bank and with whom matters. This reminder comes in celebration of the Independent Community Bankers of America (ICBA) Community Banking Month in April. “Community banks are the economic engines […]
[vc_row][vc_column][vc_column_text]South Dakota Community Bankers Unite to Defeat Government Mandate February 17, 2022 (Watertown, SD) – This week, the Independent Community Bankers of South Dakota and its members successfully defeated Senate Bill 182 titled “Prohibit discriminatory actions against persons engaged with the firearm industry”. Sponsored by special interest groups outside of South Dakota, this bill would […]
[vc_row][vc_column][vc_custom_heading text=\”New Exclusive ICBSD Member Benefit: Bankers Helping Bankers\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][vc_column_text]WATERTOWN, SD – JANUARY 7, 2022 – Independent Community Bankers of South Dakota (ICBSD) is pleased to announce its participation with the FedFis and state community banking associations nationwide to offer access to Bankers Helping Bankers to its member banks in South Dakota. Bankers Helping Bankers […]
[vc_row][vc_column][vc_custom_heading text=”COMMUNITY BANKER ELECTED TO THE 2021 ICBA FEDERAL DELEGATE BOARD” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text] WASHINGTON, D.C. (DECEMBER 2021) – The Independent Community Bankers of America (ICBA) today announced that community banker Valerie Anderson-Boudaka, President of Farmers State Bank, Canton, SD was elected to the ICBA Federal Delegate Board. ICBA is the nation’s voice for community banks. “I […]
[vc_row][vc_column][vc_column_text] WASHINGTON — The Office of the Comptroller of the Currency (OCC) today reported the key issues facing the federal banking system and the effects of the COVID-19 pandemic on the federal banking industry in its Semiannual Risk Perspective for Fall 2021. Banks are weathering the COVID-19 crisis with resilience and satisfactory credit quality and strong […]
[vc_row][vc_column][vc_custom_heading text=”ICBSD, State Community Banking Groups and ICBA Oppose Saule Omarova’s OCC Nomination” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text] Academic Papers, Public Statements Highlight Professor’s Alarming Policy Positions ICBSD, along with the Independent Community Bankers of America (ICBA) and 40 other ICBA-affiliated state community banking groups, expressed opposition to Cornell University law professor Saule Omarova’s nomination to lead the Office […]
[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] Emily Hofer, Chief Financial Officer, Merchants State Bank in Freeman Summer has certainly flown by for me. After the July 4th holiday, summer seems to be done in the blink of an eye. Football and volleyball seasons are now well underway for our local schools, and I have been enjoying […]
[vc_row][vc_column][vc_custom_heading text=”From the ICBSD Chairman” google_fonts=”font_family:Montserrat%3Aregular%2C700|font_style:700%20bold%20regular%3A700%3Anormal”][vc_column_text] Brian Gilbert, Senior Vice President, First National Bank in Sioux Falls It is an exciting time to be part of South Dakota community banking! Looking back at the past year and a half, I am reminded “the more things change, the more they stay the same.” COVID-19 changed all […]