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ICBSD Blog

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

ICBA Offers Cybersecurity Tips to Protect Sensitive Information

October 10, 2018

The following press release has been issued by the Independent Community Bankers of America.  Washington, D.C. (Oct. 1, 2018)—In recognition of National Cybersecurity Month in October, the Independent Community Bankers of America® (ICBA) is reminding consumers of simple steps they can take to safeguard their sensitive data when making purchases online or via a smart […]

Reasons W is Wrong: Spends $400,000 More Tax Dollars Annually, Plus Inflation

October 8, 2018

October 8, 2018 FOR IMMEDIATE RELEASE Contact:  David Owen 1-605-366-2669 Amendment W requires the state to write a $389,000 check every year to a non-elected commission and, if that check is not part of the legislature’s budget, the Constitution would force the State Treasurer to give the money to the commission directly.  Also, Amendment W […]

 Reasons W is Wrong – Requires Statewide Vote to Fix AND to Change Rules

October 1, 2018

A statewide vote is required to change the South Dakota Constitution. There is no other way to change it – period. It is set up that way to make sure changes to the Constitution get a full debate and that a majority of voters agree. “Pass it and you’re stuck with it, unless you can […]

No Tricks, Just Treats: Community Banks Win by Doing Good

October 1, 2018

As we think about Halloween costumes and trick-or-treaters, the Independent Community Bankers of South Dakota is focusing on the “treats” that set community banking apart, and keep our customers coming back for more. First, let’s look at some facts. Community bank customers are more successful and satisfied than those of other institutions, outperforming mega banks […]

Hofer Re-elected to the 2019 ICBA Federal Delegate Board

September 28, 2018

Local Leader Helps Deliver Community Banking Voice to Nation’s Capital Washington, D.C. (October 01, 2018)—The Independent Community Bankers of America® (ICBA) announced that local community banker Emily Hofer, CFO of Merchants State Bank, Freeman, SD, was re-elected to the ICBA Federal Delegate Board. ICBA is the nation’s voice for community banks. “I am honored to […]

Meet the Presenter: Bret Afdahl, Director, South Dakota Division of Banking

September 20, 2018

Bret Afdahl, the director of the South Dakota Division of Banking, will be joining our November 8th conference! He will be providing an update on South Dakota banking! Register for Farming, Finance & Global Markets here!  Bret Afdahl was appointed Director of the South Dakota Division of Banking in May of 2011 after serving as Counsel […]

Resolution Opposing Amendment W

September 20, 2018

The Independent Community Bankers of South Dakota has considered the impact that Amendment W would have on the state’s constitution, the ability of this organization to address elected officials and work with public employees, and the potential for unreasonable regulations to be placed on our organization, and the businesses and individuals that support us. The […]

From the Division of Banking: Appointment of New Deputy Director

September 17, 2018

The ICBSD received the following press release from Bret Afdahl, Director of Banking. Date: September 17, 2018 To: SD State Chartered Banks Subject: Appointment of a New Deputy Director Dear President: I am writing to inform you of a recent change in leadership at the Division. Deputy Director John Crompton retired on August 1st after […]

Meet the Presenter: Mike Sonne with Swenson Investments and Commodities

September 17, 2018

We are excited to have Mike Sonne of Swenson Investments and Commodities lead one of our breakout sessions at our upcoming fall conference Farming, Finance & Global Markets. Register for Farming, Finance & Global Markets here!  Mike Sonne holds a finance degree from Dakota State University (’05) and a Graduate School of Banking Degree from the University […]

Meet the Keynote Presenter: John Stiegelmeier, Head Coach of SDSU Football

September 11, 2018

We are honored to have Coach John Stiegelmeier deliver the keynote presentation at our upcoming fall conference Farming, Finance & Global Markets. Whether you are a banker, a farmer or someone in-between, John\’s message is applicable to all walks of life! Register for Farming, Finance & Global Markets here!  John Stiegelmeier, the winningest football coach […]