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ICBSD Blog
Our blog features the latest news, updates, and insights from the community banking industry.
We\’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 […]
Sioux 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 […]
HARTFORD, 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, […]
(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 […]
Washington, 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 […]
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 following letter was drafted by the American Farm Bureau Federation urging the passage of the farm bill. The letter was sent to the House of Representatives December 12, 2018 in an effort for swift action on the floor. In total, 489 groups signed the letter in support the legislation; the ICBSD is one of […]
(Des Moines, Iowa) – Federal Home Loan Bank of Des Moines (FHLB Des Moines) is pleased to announce that Elsie Meeks was recently re-elected as an independent director to the Bank’s board. Ms. Meeks has served on the board since 2015. She will begin serving his second term on the board starting January 1, 2019. Elsie […]
As you may know by now, President Trump declared over the weekend that Wednesday, December 5, 2018 will be a National Day of Mourning to honor the memory of President George H.W. Bush. We have received several inquiries regarding the potential impact of this declaration on the banking industry; we imagine you have as well. […]
Departure, Promotions, and a Growing Executive Team SBS CyberSecurity (SBS), a premier cybersecurity consulting and audit firm serving clients nationally and internationally, is announcing several personnel changes. SBS has expanded its Board of Directors and elected new officers. The board voted unanimously to elect and promote the following members: Aaron Gamewell, President, CEO, and Managing […]
