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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_column_text]Prevent Fraudster From Making Your Bank a Victim With These Tips By: Travelers, an ICBSD Preferred Partner Social engineering scams, such as fraudulent instruction, continue to affect consumers and businesses alike. In a bank’s case, fraudulent instruction occurs when an employee is tricked into transferring money from a customer’s account to somewhere else because a […]
[vc_row][vc_column][vc_column_text]People You Should Know: Tom Fogarty, Audit Partner at Eide Bailly Tom Fogarty may be an accountant, but he is far from the introverted, accountant stereotype. In fact, Tom’s social personality has carried him through a rewarding role with Eide Bailly serving the community banking industry in North Dakota and South Dakota for the past […]
[vc_row][vc_column][vc_column_text]People You Should Know: Reece Simpson, Account Executive at SBS Cybersecurity For the past three years, understanding cyber security and its impact on everyday life has been a passion for Reece Simpson. “My interest in the cybersecurity industry was a direct result of landing a part time job at SBS Cyber Security while attending […]
[vc_row][vc_column][vc_column_text] Federal Delegate’s Report By: Emily Hofer, ICBA National Director, Merchants State Bank- Freeman Summer has come and gone. School is back in session. We’ll see for how long! My third quarter column for “the Bottom Line” is usually a recount of the fantastic ICBSD retreat that should have happened in late July in the […]
[vc_row][vc_column][vc_column_text] Federal Delegate\’s Report By: Emily Hofer, ICBA National Director, Merchants State Bank- Freeman Summer has come and gone. School is back in session. We’ll see for how long! My third quarter column for “the Bottom Line” is usually a recount of the fantastic ICBSD retreat that should have happened in late July in the […]
[vc_row][vc_column][vc_column_text] Federal Delegate\’s Report By: Emily Hofer, ICBA National Director, Merchants State Bank- Freeman Summer has come and gone. School is back in session. We’ll see for how long! My third quarter column for “the Bottom Line” is usually a recount of the fantastic ICBSD retreat that should have happened in late July in the […]
[vc_row][vc_column][vc_column_text] Traditionally September marks the familiar transition from summer to fall, and the welcomed start of another routine school year allowing families to settle back into their normal routines. This September, things are definitely looking different as we all attempt to understand what our new “normal” looks like. Though these times of uncertainty are stressful, […]
[vc_row][vc_column][vc_column_text] The continued development of the internet has put the world at anyone’s fingertips, which has made protecting personal information much more critical. With the constant development of new technology, comes massive innovation, and nonetheless, massive vulnerabilities. Due to these vulnerabilities, breaches and security implications by digital attacks are becoming far too common in today’s […]
[vc_row][vc_column][vc_custom_heading text=\”Home Equity Line of Credit Scams \” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][vc_column_text]Submitted by ICBSD Preferred Partners, Travelers Home Equity Line of Credit (HELOC) scams continue to be a costly and challenging issue for financial institutions. Wire transfer fraud can easily reach millions of dollars, and with advancements in technology, such as online databases for county clerk records, online […]
[vc_row][vc_column][vc_single_image image=\”4272\” img_size=\”1900×700\”][vc_empty_space height=\”15px\”][vc_column_text]The Independent Bankers of South Dakota co-signed the below letter which was sent to Congress this week. In the letter we write to urge Congress to pass the Paycheck Protection Small Business Forgiveness Act as expeditiously as possible. This broadly supported, bipartisan and bicameral legislation would create a presumption of compliance for […]