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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_single_image image=\”3734\” img_size=\”1900 X 700\” alignment=\”center\”][vc_custom_heading text=\”Insured Deposits are Safe at Your Local Independent Community Bank\” font_container=\”tag:h2|text_align:center\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Watertown, SD (March 26, 2020) — The Independent Community Bankers of America® (ICBA) and the Independent Community Bankers of South Dakota today reminded consumers and community banking customers that their insured deposits are safe and backed by the […]
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[vc_row][vc_column][vc_custom_heading text=\”FFIEC Highlights Pandemic Preparedness Guidance \” font_container=\”tag:h2|text_align:center\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The Federal Financial Institutions Examination Council (FFIEC) today updated guidance identifying actions that financial institutions should take to minimize the potential adverse effects of a pandemic. Pandemic preparedness is an important part of a financial institution’s business continuity planning. The guidance provides the Council’s prudent expectations that […]
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[vc_row][vc_column][vc_custom_heading text=\”Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus\” font_container=\”tag:h2|text_align:center\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus. The agencies recognize the potential impact of the coronavirus on the customers, members, and operations […]
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The Office of the Comptroller of the Currency (OCC), along with other members of the Federal Financial Institutions Examination Council (FFIEC), today issued updated guidance to remind financial institutions that their business continuity plans should address the threat of a pandemic outbreak and its potential impact on the delivery of critical financial services. The guidance […]
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ICBA Independent Banker magazine is now accepting nominations for its second annual 40 Under 40: Emerging Community Bank Leaders awards! CLICK HERE TO NOMINATE BY JAN. 31! ICBA seeks to recognize community banking’s brightest, mot promising young professionals. Winners will be featured in Independent Banker’s June 2020 issue and honored at ICBA’s LEAD FWD Summit. Candidates will be […]
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The ICBSD/ICBND Cooperative Liquidity Program (“Liquidity Program”) is a cooperative bank-to-bank network established to provide an additional funds management tool for ICBSD/ICBND member banks. ICBSD and ICBND provide a communication link between Liquidity Program members who have available liquidity with those members who have short-term funding needs. ICBSD/ICBND is responsible for maintaining and communicating the […]
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Washington, D.C (Oct. 21, 2019)—The Independent Community Bankers of America® (ICBA) today launched a nationwide campaign calling on policymakers and the public to “Wake Up” to the risky practices, costly tax subsidies, and irresponsibly lax oversight of the nation’s credit unions. ICBA’s “Wake Up” campaign will encourage policymakers to open their eyes to the growing […]
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According to the USDA, net farm income (a broad measure of profits) is forecast to increase $4.0 billion (4.8 percent) to $88.0 billion in 2019, after increasing in both 2017 and 2018. How will this market shift impact the values of land and farm equipment, and producers\’ buying behavior? Ryan J. Wieman of Wieman Land […]
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Larry Ness of First Dakota National Bank – Yankton is set to be recognized for his philanthropic endeavors this weekend at the South Dakota State University Hobo Days Celebration. Ness, a Sinai native and a 1963 Brookings High School graduate, earned a degree in economics, is chief executive officer of First Dakota National Bank and […]
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Larry Ness of First Dakota National Bank – Yankton is set to be recognized for his philanthropic endeavors this weekend at the South Dakota State University Hobo Days Celebration. Ness, a Sinai native and a 1963 Brookings High School graduate, earned a degree in economics, is chief executive officer of First Dakota National Bank and […]
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