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ICBSD Blog

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

CorTrust Bank Finalizes Acquisition of First Minnesota Bank

August 19, 2019

CorTrust Bank, N.A. announced today that the previously publicized acquisition of First Minnesota Bank has been finalized.  The acquisition was first announced on May 28th and brings the number of CorTrust Bank locations to 15 in Minnesota, along with 22 locations in eastern South Dakota. CorTrust Bank and First Minnesota Bank share similar core values of personalized […]

Independent Community Bankers of South Dakota Announces New Chairman, Board Members

August 14, 2019

WATERTOWN, S.D. – August 14, 2019 – The Independent Community Bankers of South Dakota announced the appointment of three new directors to its board of directors, as well as a new chairman for 2019. Joining the board as directors are Jodi Eich, Chief Operating Office of Rivers Edge Bank in Howard; Valerie Anderson, Vice President […]

Leveraging Customer Data for Growth

July 22, 2019

A recent survey revealed that 57% of banks say internal silos are their biggest obstacles to big data success.  Sharing customer data across departments and even across marketing channels can be challenging, but the benefits are worth it. Your bank may not be leveraging retail customer data to its’ full potential, but the good news […]

CorTrust Bank Named Top Bank in South Dakota by Forbes Magazine

July 10, 2019

Sioux Falls, SD, July 9, 2019 – CorTrust Bank has been named the top bank in South Dakota by Forbes Magazine. Part of the South Dakota fabric for almost 90 years, CorTrust Bank has locations in 16 South Dakota communities and 4 Twin Cities locations. Forbes partnered with the market research firm Statista and surveyed […]

We want YOU to join our board!

June 21, 2019

Interested in getting involved in the ICBSD? Here is your opportunity! We are accepting nominations for the ICBSD board of directors. If you or someone within your organization would be a good fit, please contact our nominating committee chairman, Roger Weber, or vice chairman, Josh Hogue. All terms are three years. Please submit your nomination before […]

South Dakota’s Afdahl Elected CSBS Chairman

June 20, 2019

The Conference of State Bank Supervisors (CSBS) announced the election of Bret Afdahl, director of banking in the South Dakota Division of Banking, as the new chairman of the CSBS Board of Directors. The election took place during the organization’s annual membership meeting in San Antonio, Tex., where new officers were also elected for 2019-2020.

South Dakota\’s Afdahl Elected CSBS Chairman

June 20, 2019

The Conference of State Bank Supervisors (CSBS) announced the election of Bret Afdahl, director of banking in the South Dakota Division of Banking, as the new chairman of the CSBS Board of Directors. The election took place during the organization’s annual membership meeting in San Antonio, Tex., where new officers were also elected for 2019-2020.

South Dakota\’s Afdahl Elected CSBS Chairman

June 20, 2019

The Conference of State Bank Supervisors (CSBS) announced the election of Bret Afdahl, director of banking in the South Dakota Division of Banking, as the new chairman of the CSBS Board of Directors. The election took place during the organization’s annual membership meeting in San Antonio, Tex., where new officers were also elected for 2019-2020.

“Faster Payments” to be Presented by Kassi Arana Quimby at Annual Retreat

June 12, 2019

Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. During this session, attendees will learn about the efforts of industry work groups focused on real-time payments, the Fed’s initiatives to assess any needed improvements to its services […]

\”Faster Payments\” to be Presented by Kassi Arana Quimby at Annual Retreat

June 12, 2019

Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. During this session, attendees will learn about the efforts of industry work groups focused on real-time payments, the Fed’s initiatives to assess any needed improvements to its services […]