Mike Dummer, Deputy Director – Banking, SD Division of Banking
About Mike
Mike was raised on a farm near Lesterville, SD and graduated from Scotland (SD) high school. He attended college at South Dakota State University, graduating in 2003 with a BS in Mass Communications. After working for a large national bank, he started as an Examiner with the Division of Banking in 2006. He served as Training Director from 2010 until September 2018 when he was named Deputy Director – Banking. He is a 2015 graduate from the Graduate School of Banking at Colorado and completed the Governor’s Leadership Development Program in 2019. Mike resides in Lennox, SD with his wife Lindsay and three children.
Mike’s Presentation: The Landscape of Crypto in South Dakota
As digital assets continue to evolve and capture national attention, understanding the regulatory and financial implications for South Dakota’s banking sector is more important than ever. In this timely session, Deputy Director of Banking Mike Dummer will offer a high-level overview of the current and emerging crypto landscape in South Dakota. He’ll explore how digital currencies, blockchain technology, and federal developments intersect with the regulatory framework and risk management practices of our state’s financial institutions. This presentation will provide community bankers with valuable insights into what crypto means for their institutions and how to prepare for what’s ahead.