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RETIREMENT OPEN HOUSE
IN HONOR OF RELIABANK'S 5th PRESIDENT HUGH BARTELS
Friday, June 3rd │ 11:00am-4:00pm
Reliabank
1401 4th St NE
Watertown, SD
STOP BY AND WISH HUGH A HAPPY AND RELAXING RETIREMENT
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Save the Date for Webinars Covering
DOL's New Overtime Pay/Exempt Employee Rules
This is the topic every financial institution is talking about!
Virtually every community bank will be impacted.
The Department of Labor's Wage and Hour Division published the final rule revising regulations under the Fair Labor Standards Act. This implements the exemption from minimum wage and overtime pay for executive, administrative, professional, outside sales, and IT employees. The new rules become effective December 1, 2016.
We're excited to announce the addition of the two webinars listed below. These trainings will address the effect of these new rules and help you in planning, budgeting, and determining the available alternatives for employees who will no longer qualify as exempt from overtime pay. The webinars will be presented by attorney and CPA, Elizabeth Fast, one of our most popular - and exclusive - speakers!
Will you be in compliance by the December 1 deadline?
Save These Dates!
7/8/2016 - Understanding the New Overtime Rules Effective December 1, 2016: Critical Budgeting Issues & How to Determine the Appropriate Hourly Rate
10/14/2016 - Countdown to the New Overtime Rules:
How to Bring Your Bank into Compliance by the December 1, 2016 Deadline
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What's happening at your bank? Events? Promotions? New hires? Retirements? Awards? Community projects? Charitable activities?
Contact Summer at [email protected]. If you don't have time to write an article, send a description of what happened, and we'll put it together for you. |
Lodge Rooms and Limited Cabins are still available for the 2016 Retreat!
If you have not attended in the past, this is your chance to enjoy the Sylvan Lake Lodge, Custer State Park's "crown jewel."
V
isit
http://custerresorts.com/lodges-and-cabins/sylvan-lake-lodge/
to view accommodations and more information about the lodge.
Visit our website for event registration information
http://www.icbsd.com/2016-retreat.html.
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Thursday, July 21st
8:30 Golf Scramble, Red Rock Golf Course
Noon - 6:00 Retreat Registration
6:00 Reception
7:00 Dinner/Golf Prizes
Friday, July 22nd
7:00 - 9:00 Breakfast - Lodge Dining Room
8:00 - 8:45 Welcome/Annual Meeting/Board Election
8:45 - 9:00 Break
9:00 - 9:45 Jack Hartings, ICBA Past Chairman
9:45 - 10:00 Break
10:00 - 10:45 Eric Hansen, CFE Eide Bailly
11:00 - Noon Patrick Dix, SHAZAM
12:00 Lunch
6:00 Reception
7:00 Dinner
Saturday, July 23rd
7:00 - 9:00 Breakfast - Lodge Dining Room
8:30 - 9:30 Bell State Bank & Trust, Lynn Paulson
9:30 - 9:45 Break
9:45 - 10:45 United Bankers' Bank, Dwight Larsen
10:45 - 11:00 Break
11:00 - 12:00 Keynote Speaker, Joe Malarkey
12:00 Lunch
6:00 Reception
7:00 Dinner/PAC Silent Auction
9:15 Campfire Gathering
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Midwest Bankers Day
An Event for Community Bankers
July 27, 2016
presented by
Nebraska Independent Community Bankers and ICBA Securities are co-sponsoring a day-long conference exclusively for Midwest community banks in July. NICB and ICBA Securities, the endorsed broker/dealer of NICB, and others will make presentations at the Iron Horse Golf Club in Ashland, NE on Wednesday, July 27.
With interest rates still compressed by a variety of domestic and global issues, community banks are increasingly turning their attention to non-traditional sources of earnings. These include secondary loan programs, liquidity strategies, and other fee-producing opportunities. The presentations at the Midwest Bankers Day will cover a variety of these topics, and attendees will learn some actionable platforms to use at their community banks.
After the presentations join us for lunch and a round of golf at beautiful Iron Horse Golf Club.
Date:
July 27, 2016
Location:
Iron Horse Golf Club
900 Clubhouse Dr.
Ashland, NE 68003
(402) 944-9800
www.golfironhorse.com
Cost: Registration is free for all ICBA Securities customers and prospective customers
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CECL Finalization and Methodologies
The Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) model guidance is expected to be released in June. For many institutions, implementation will be required in 2020 or 2021, but it is imperative to be preparing now. You know the basics of CECL, now learn actionable ways to prepare your institution and ALLL. In the third installment of this webinar series, professionals from Sageworks and CliftonLarsonAllen will provide the latest information, including revisions to the guidance, key insights and examples to help you prepare your institution for compliance.
Join this webinar to learn:
- The latest CECL news and developments
- Details about recent revisions to the standard and what they mean
- CECL methodology deep dive
- Actionable items for the June release
- Access resources and previous on-demand CECL Workshop Series webinars
- Todd Sprang, Principal, CliftonLarsonAllen
- Tom Danielson, Principal, CliftonLarsonAllen
- Tim McPeak, Executive Risk Management Consultant, Sageworks
Schedule:
Tuesday, June 7th
2:00 - 3:00 p.m. - Webinar
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That's a Nice Piece of Real Estate: Should We Buy It?
Observations on Permissible
Real Estate Investments for Banks and Their Holding Companies
Banks and bank holding companies are creatures of limited powers. State and federal law place significant constraints on permissible activities and permissible investments for banks and BHCs.
For banks in South Dakota all of the action when it comes to these constraints is at the federal level, for both state and national banks. All of the applicable limitations under federal law apply to both state banks and national banks (and their BHCs), and nothing under South Dakota law imposes limitations on South Dakota banks that is not also imposed by federal law. For state banks the key limiting statutory provision is 12 U.S.C. §1831a which in essence provides that a state bank may not engage in any activity or hold any investment that is not permissible for national banks, unless the state bank receives the prior approval of the FDIC.
Read More
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Save the Date: 30th Annual Community Bankers Golf Outing
Monday, August 29
8 a.m. - 7 p.m.
Rush Creek Golf Club
Maple Grove, Minnesota
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Trust Officer
Our client, Pioneer Bank & Trust located in Belle Fourche, SD is seeking a highly motivated individual to join its trust team in the position of Trust Officer. The successful applicant will be responsible for performing and overseeing all details of trust account management and administration. Duties include but are not limited to: soliciting new trust and estate business, interpreting will and trust agreements, resolving client issues, and working collaboratively with clients and client agents.
Qualifications include a bachelor's degree in business, finance, legal or other related field with 3 plus years of equivalent work experience. The individual must demonstrate excellent customer service and communication skills along with the ability to relay complex information. A sales minded mentality with a team oriented attitude are essential to this position. Legal background or trust administration experience is a plus.
Pioneer Bank & Trust is a locally owned, totally independent community bank that has been serving the banking needs of Western, SD since 1913 and offers a comprehensive compensation and benefits package. Pioneer Bank & Trust is proud to be an affirmative action/equal opportunity employer. EOE AA M/F/Vet/Disability
To apply, please visit -
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Community Bankers Webinar
Network Courses
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| SBS Institute Certifications |
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The Short History and Long Future of the Online
Lending Industry
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So which is it? Is lending a good business, where moats and profit pools are durable and one can build billions in equity value, or is it an inevitable cash bonfire when the cycle turns?
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Troy Hunt: The Delicate Balance in Data
Breach Reporting
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Troy Hunt's free breach-notification service logs tens of thousands of visits per day, particularly if there's been a major data breach making news headlines.
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Opinion: Five Reasons the Market is Ignoring the Fed
About Rate Hikes
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Federal Reserve officials have been asking the market for permission to raise rates at the June 15-16 meeting, getting only partial cooperation in return.
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Eliminate Those Pesky Digital Speed Bumps
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Consumers today have no patience. They want instant gratification. This means simplifying everything. You must chop out steps and minimize the number of clicks to perform any task in digital channels.
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Why It Pays To Be Thick In Mobile Payments
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Starbucks and Dunkin' have cracked it. Walmart Pay seems to have all of the ingredients to do it, too. Facebook and Messenger could, but haven't yet.
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Is Mobile Account-Opening Safe?
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The next step in the evolution of digital banking has begun: Mobile onboarding, or letting consumers open accounts entirely through their smartphones.
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ICBA Member ID: 141351622
More Information: Place your order through the ICBA/Dell page to receive these discounts!
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Nicholas Biddle
Nicholas Biddle entered politics in 1811, when he was elected to the Pennsylvania House of Representatives. He also served in the Pennsylvania State Senate, where he argued for a new charter for the Bank of New York. Learn more here.
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2016 Series - 6 for the price of 5
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What's happening at your bank? Events? Promotions? New hires? Retirements? Awards? Community projects? Charitable activities?
Contact Summer at [email protected]. If you don't have time to write an article, send a description of what happened, and we'll put it together for you. |
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