by Tina Giorgio It often seems as though there’s a technology du jour in our industry. As fast as one solution takes center stage, a shiny, new option emerges, and all heads turn. This constant over-saturation can leave us struggling to separate the long-term standards from the fleeting fads. Let me cut through that clutter […]

SIOUX FALLS –On Wednesday, August 8, 2018,  SBA and The U.S. Department of Agriculture (USDA) Rural Development (RD) will present  a panel on rural small business  lending and technical assistance.  The audience will learn about assistance and loans offered by the SBA, USDA RD, Federal Deposit Insurance Corporation (FDIC), U.S. Economic Development Administration (EDA), Governor’s […]

MBS prepayments very stable in spite of Fed action By Jim Reber Community bankers, being conservative types (regarding their investment strategies, among other topics), like predictability. Equity markets, commodities, and the dreaded “D” word (“derivatives”) all are perceived by many to be far too volatile for their risk profile, whether we’re talking about personal or […]

S&P Global Market Intelligence has prepared the following community banking outlook: S&P Global Market Intelligence anticipates that community bank margins and earnings will improve, buoyed by the passage of tax reform and continued increases in interest rates. We expect that to occur in our base case scenario, which excludes the impact of a new reserve […]

VGM FORBIN \”We do web stuff\” Your institution\’s website is more than just an online banking login. It\’s a marketing tool that should help drive new business while promoting an image of reliability and security. From driving business to increasing security, our solutions incorporate a hard working core behind user-friendly design. Visit VGM\’s website to […]

Peoples State Bank of Summit, \”Where real people still answer the phone.\” Locations: Summit and Florence; both of which have always been locally owned They employ 13 people The bank was founded in New Effington in 1913. In its first year, the bank employed a woman cashier which was unheard of at the time! Unique […]

Located in Scotland, South Dakota, the Farmers and Merchants State Bank was chartered and began operations on September 7, 1920. The bank is located in its original location built in 1919 at 550 Main Street. The structure was extensively remodeled in 1972 with an addition being added in 1991 along with interior updates. Farmers and […]