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ICBSD Blog

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

Play Ball!

June 19, 2024

National pastime gives us some portfolio management guidance. by Jim Reber, President & CEO, ICBA Securities As we’re getting into the warmer months, it’s reassuring that baseball season is well underway. Your correspondent confesses a deep and abiding passion for the sport. While I’ve been only partially successful in getting my wife engaged in watching […]

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Stepping up to Lead in Today’s Environment

June 19, 2024

by Derek B. Williams, Immediate Past Chairman of ICBA, President & CEO, Century Bank & Trust, Milledgeville, GA Throughout his banking career, my dad had a standard saying that became a regular refrain: “If you need a quick answer, it’s no.” Even though he worked to get to a “yes” more often than a “no,” […]

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Strengthening Our Legislative Influence: THE ICBSD PAC

June 19, 2024

by Josh Hogue, Chairman of ICBSD & ICBA Federal Delegate, President, Reliabank Dakota We all know how integral our local banks are to the financial well-being of South Dakotans. Your steadfast dedication to serving our communities is truly commendable and sets us apart. It’s this solid commitment that makes us more than just financial institutions […]

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Leading Amid Change

June 19, 2024

by Rebeca Romero Rainey, President & CEO, ICBA The mere mention of change can send pulses racing and blood pressure rising. But while change can be hard, it’s unavoidable, and it’s only going to continue to accelerate in our evolving marketplace. To address it, we have rooted ourselves in strategy, which ensures that each time […]

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Engaging Your Employees Is Key to Our Mission

June 19, 2024

by Megan Olson, President & CEO The ICBSD is driven by our mission to empower independent community banks. I cannot overstate the importance of engaged members for ensuring the continued growth, influence and prosperity of our association and the community banking industry across South Dakota. Active participation from yourselves and your respective teams is absolutely […]

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Blue Bunny and beyond: Former CEO Mike Wells and wife, Cheryl, share ‘How We Money’

May 13, 2024

“The question is always, ‘Why?’ Why sell a successful business? Well, there’s always the rest of the story.” In early 2023, Mike and Cheryl Wells sold their family’s business, Wells Enterprises — the renowned, Iowa-based maker of Blue Bunny ice cream. They recently joined an episode of the Sioux Falls podcast “Common Cents on the Prairie™” to share their […]

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OFAC Compliance: A Risk-Based Approach

March 27, 2024

– Dixie K. Hieb, Davenport Evans, an ICBSD Preferred Partner OFAC – “What is that, and do I care?” The answer to the latter question should be a resounding “Yes” if you are in bank management, compliance, account onboarding, or transaction monitoring. OFAC, the acronym for the Office of Foreign Assets Control of the U.S. […]

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Small Bankers Go Above and Beyond in Bruce

March 27, 2024

Your friendly hometown bank is Richland State Bank, manned by a team of just five, who all wear many hats to serve their customers. Twenty-seven-year veteran of Richland State Bank, Pennie started as a compliance officer and assistant VP after working as an FDIC bank examiner. Tiffany joined the bank in 2015, drawing on her […]

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Gearing Up for the Capitol Summit

March 27, 2024

— Valerie Anderson-Boudaka, ICBA National Director,     Farmers State Bank of Canton, Canton, SD Hello, Community Bankers!  In preparation for the Capitol Summit – which is scheduled for April 28th to May 1st in Washington, D.C.- ICBA has updated its “Advocacy in Action” dashboard.  This can be found in the “Advocacy” section of ICBA.org.  […]

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You Make A Difference

March 27, 2024

— Jack Hopkins, ICBA Vice Chairman, President & CEO, CorTrust Bank,      Sioux Falls, SD Megan recently reached out to me and asked me if I would be willing to write an article for “The Bottom Line”. I thought, sure, why not. I feel very privileged to be in the position of going through […]

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