For Jack Hopkins, CEO of CorTrust Bank in Sioux Falls and Chairman of the Independent Community Bankers of America (ICBA), community banking isn’t just a career—it’s a legacy. As a third-generation South Dakota banker, Hopkins has lived and breathed the values of independent banking his entire life. Now, as ICBA Chairman, he is channeling that lifelong passion into a mission to protect and strengthen community banks across the nation, ensuring their future remains bright for generations to come.
“Community banking has always been about more than dollars and cents,” Hopkins shares. “It’s about people. It’s about relationships. It’s about investing in the places we call home. That’s what I was raised to believe, and it’s what drives me every day.”
A Vision for Advocacy
At the heart of Hopkins’ leadership is a commitment to advocacy. From the earliest days of his career, he recognized the importance of amplifying the voices of community banks in legislative and regulatory conversations. “I’ve seen firsthand how regulations that are designed for big banks can unintentionally harm smaller institutions,” he says. “It’s time to roll back the regulatory mountain that’s been placed on community banks and create a level playing field.”
Hopkins believes that meaningful change begins with grassroots advocacy. A key focus of his tenure as ICBA Chairman is encouraging community bankers to speak up and get involved. “The power of our industry lies in its people,” he explains. “When bankers tell their stories—whether to a local representative or on Capitol Hill—it puts a human face on the challenges we face. That’s how we drive change.”
To foster this engagement, Hopkins emphasizes the critical role of state associations like the Independent Community Bankers of South Dakota. “Advocacy starts at home,” he says. “State associations provide the foundation for grassroots efforts. By aligning their work with the ICBA’s initiatives, we can build a unified and powerful message that resonates at every level.”
Leading with South Dakota Values
Hopkins’ leadership is deeply rooted in the values of his home state. As the CEO of CorTrust Bank, he leads by example, fostering a culture of service and community involvement. “We encourage our employees to volunteer, give back, and build relationships,” he says. “That sense of local connection is what sets community banks apart—and it’s what keeps our towns and small businesses thriving.”
South Dakota’s unique legacy of independent banking is a point of pride for Hopkins. “Our state has an incredible history of family-owned and locally controlled banks,” he says. “These institutions are woven into the fabric of their communities. It’s something that’s rare in other parts of the country, and it’s something worth preserving.”
Inspiring the Next Generation
A key priority for Hopkins is ensuring that the next generation of community bankers is ready to take the reins. “If we want to ensure the future of community banking, we need to invest in young leaders today,” he says.
Hopkins encourages aspiring bankers to start their journey at the state level by engaging with organizations like ICBSD. “The best way to get involved is to show up—attend a convention, join a committee, or ask your CEO how you can make a difference,” he advises. “That’s how I got my start, and it completely transformed my perspective. I’ve learned so much from the connections I’ve made and the peers I’ve met along the way.”
He also highlights the personal and professional growth that comes from participating in advocacy efforts. “When you step outside your office and engage with other bankers, policymakers, and community leaders, you realize the impact you can have—not just on your bank, but on the entire industry,” he says.
A Legacy of Leadership
As ICBA Chairman, Hopkins is focused on leaving a legacy of progress, advocacy, and inspiration. “I stand on the shoulders of giants—leaders who’ve dedicated their lives to strengthening community banking,” he reflects. “My goal is to build on their work and ensure that future generations have the tools, resources, and opportunities to succeed.”
He believes that South Dakota bankers have a unique role to play in this effort. “Our state may be small in population, but we have a big voice,” he says. “We’ve built strong relationships with our Senators and Representative, and we’re known for punching above our weight in national conversations. It’s time to harness that influence and lead by example.”
A Call to Action
Hopkins’ message to his peers and the next generation of community bankers is clear: get involved, start small, and think big. “Community banking matters,” he says. “It’s the backbone of our local economies and the heart of our small towns. Together, we can ensure it remains strong—not just for today, but for the future.”
As he leads the ICBA through this pivotal time, Hopkins invites others to join him in shaping the future of community banking. “This industry has given me so much,” he says. “Now it’s my turn to give back—and I hope others will feel inspired to do the same.”