Press Releases

FFIEC Highlights Pandemic Preparedness Guidance

[vc_row][vc_column][vc_custom_heading text=\”FFIEC Highlights Pandemic Preparedness Guidance \” font_container=\”tag:h2|text_align:center\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The Federal Financial Institutions Examination Council (FFIEC) today updated guidance identifying actions that financial institutions should take to minimize the potential adverse effects of a pandemic. Pandemic preparedness is an important part of a financial institution’s business continuity planning. The guidance provides the Council’s prudent expectations that […]

FFIEC Highlights Pandemic Preparedness Guidance Read More »

Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus

[vc_row][vc_column][vc_custom_heading text=\”Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus\” font_container=\”tag:h2|text_align:center\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus. The agencies recognize the potential impact of the coronavirus on the customers, members, and operations

Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus Read More »

Pandemic Planning: Updated FFIEC Guidance

The Office of the Comptroller of the Currency (OCC), along with other members of the Federal Financial Institutions Examination Council (FFIEC), today issued updated guidance to remind financial institutions that their business continuity plans should address the threat of a pandemic outbreak and its potential impact on the delivery of critical financial services. The guidance

Pandemic Planning: Updated FFIEC Guidance Read More »

ICBA Urges Washington to ‘Wake Up’ and Address Credit Union Risk

Washington, D.C (Oct. 21, 2019)—The Independent Community Bankers of America® (ICBA) today launched a nationwide campaign calling on policymakers and the public to “Wake Up” to the risky practices, costly tax subsidies, and irresponsibly lax oversight of the nation’s credit unions. ICBA’s “Wake Up” campaign will encourage policymakers to open their eyes to the growing

ICBA Urges Washington to ‘Wake Up’ and Address Credit Union Risk Read More »

First Dakota National Bank\’s Larry Ness to be Recognized at SDSU Hobo Days Celebration

Larry Ness of First Dakota National Bank – Yankton is set to be recognized for his philanthropic endeavors this weekend at the South Dakota State University Hobo Days Celebration. Ness, a Sinai native and a 1963 Brookings High School graduate, earned a degree in economics, is chief executive officer of First Dakota National Bank and

First Dakota National Bank\’s Larry Ness to be Recognized at SDSU Hobo Days Celebration Read More »

First Dakota National Bank\’s Larry Ness to be Recognized at SDSU Hobo Days Celebration

Larry Ness of First Dakota National Bank – Yankton is set to be recognized for his philanthropic endeavors this weekend at the South Dakota State University Hobo Days Celebration. Ness, a Sinai native and a 1963 Brookings High School graduate, earned a degree in economics, is chief executive officer of First Dakota National Bank and

First Dakota National Bank\’s Larry Ness to be Recognized at SDSU Hobo Days Celebration Read More »

First Dakota National Bank’s Larry Ness to be Recognized at SDSU Hobo Days Celebration

Larry Ness of First Dakota National Bank – Yankton is set to be recognized for his philanthropic endeavors this weekend at the South Dakota State University Hobo Days Celebration. Ness, a Sinai native and a 1963 Brookings High School graduate, earned a degree in economics, is chief executive officer of First Dakota National Bank and

First Dakota National Bank’s Larry Ness to be Recognized at SDSU Hobo Days Celebration Read More »

Main Street, Inc. Successfully Completes System & Organization Controls (SOC) 2 –Type 2 Assurance Engagement

Birmingham, AL- September 18, 2019 – Main Street, Inc., a data-driven analytics and print solutions provider, announced the successful completion of a System & Organization Controls (SOC) examination. This achievement showcases the suitability of the design and operating effectiveness of its controls relevant to security and confidentiality of Main Street’s Printing and Mailing systems utilized

Main Street, Inc. Successfully Completes System & Organization Controls (SOC) 2 –Type 2 Assurance Engagement Read More »

CorTrust Bank Finalizes Acquisition of First Minnesota Bank

CorTrust Bank, N.A. announced today that the previously publicized acquisition of First Minnesota Bank has been finalized.  The acquisition was first announced on May 28th and brings the number of CorTrust Bank locations to 15 in Minnesota, along with 22 locations in eastern South Dakota. CorTrust Bank and First Minnesota Bank share similar core values of personalized

CorTrust Bank Finalizes Acquisition of First Minnesota Bank Read More »

ICBSDLogo-New

Independent Community Bankers of South Dakota Announces New Chairman, Board Members

WATERTOWN, S.D. – August 14, 2019 – The Independent Community Bankers of South Dakota announced the appointment of three new directors to its board of directors, as well as a new chairman for 2019. Joining the board as directors are Jodi Eich, Chief Operating Office of Rivers Edge Bank in Howard; Valerie Anderson, Vice President

Independent Community Bankers of South Dakota Announces New Chairman, Board Members Read More »