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ICBSD Blog
Our blog features the latest news, updates, and insights from the community banking industry.
Yesterday Governor Noem signed into law HB 1050 which I sponsored at the request of the Independent Community Bankers of South Dakota. This bill updated our laws on illegally capturing credit card and debit card numbers. The bill deleted the need to prove intent to defraud and made it a crime to skim or capture […]
Read MoreChampioned by Representative Bartels, House Bill 1050 passed unanimously and was “unofficially” signed into law on March 7, 2019. This bill makes it a felony to possess skimming and re-encoding devices in the state of South Dakota. It was made official on Tuesday, March 19, 2019. House Bill 1050 revised the law in two […]
Read MoreFOR IMMEDIATE RELEASE: March 14, 2019 Contact: Brenda Bethke First PREMIER Bank Phone: (605) 357-3001 Email: Brenda.Bethke@firstpremier.com FIRST PREMIER BANK INVESTS IN THE FUTURE New Main Office and Corporate Headquarters Will Provide Gateway to Downtown Sioux Falls SIOUX FALLS — First PREMIER Bank has a long tradition of investing in its customers, employees and the […]
Read MoreKeystone Group International CEO Jaime Adam-Taets will be joining us at our 2019 annual retreat! She will be leading a banker education session on strategic planning. Jaime spent 13 years in a large corporate environment in a variety of leadership roles. She is currently the CEO of Keystone Group International, a firm focused on organizational […]
Read MoreWe\’re excited to announce Senior Vice President of Investment Strategies at ICBA Securities will be joining our 2019 annual retreat! Michael will be leading a bankers education session on wealth management. Michael Erhardt is a Senior Vice President in the Investment Strategies Group for ICBA Securities. He works closely with financial institutions on balance sheet […]
Read MoreSioux Falls, SD, January 25, 2019 – CorTrust Bank is pleased to announce the selection of three new members to the Board of Directors. Members joining the Board include J. Kou Vang of West Lakeland MN, McKinzie Hopkins of Saint Louis Park, MN and Troy Olson of Artesian, SD. Mr. Vang is the President and […]
Read MoreHARTFORD, Conn., Jan. 29, 2019 – The Travelers Companies, Inc. (NYSE: TRV) today announced that it has become a Preferred Vendor to the Independent Community Bankers of South Dakota (ICBSD). This partnership gives members and eligible nonmembers of ICBSD access to the full suite of Travelers insurance products, which includes a broad set of property, […]
Read More(January 11, 2019) Watertown, SD – ICBSD, along with ICBA, will be filing a Notification of Intent to Participate as Amicus Curiae supporting ABA’s appeal of the ABA v. NCUA case. ICBA and the 25 CCBA associations signed onto an amicus brief when this case was being tried in the US District Court. While the […]
Read MoreWashington, D.C. (Dec. 20, 2018)—The Independent Community Bankers of America (ICBA)® today thanked a bipartisan group of 19 senators for calling on banking regulators to revisit their proposed rule implementing call report relief for community banks. In a letter led by Sen. Jerry Moran (R-Kan.), the lawmakers said the proposal would have little impact on […]
Read MoreThe 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 […]
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