January is a busy time for a community banker. Since I am the President, CEO, CFO, Loan Officer, Security Officer and Compliance Officer, a lot of my time is spent working on farm line renewals, the call report, monthly reports, quarterly reports, annual reports, bank tax return preparations and all the other tasks that a community banker has. The last thing I needed was an e-mail that asked to get my newsletter article completed for the February ICBSD newsletter. However, since the wind is blowing 60 miles an hour and any outdoor activities are out of the question, I decided to write this on Super Bowl Sunday. It doesn’t seem possible that two months have passed since the last newsletter. Now that January has blown by, February means that the South Dakota legislature has convened and our association is busy monitoring bills that will impact our community banks. It’s comforting to know that the ICBSD is out there reviewing legislative bills and fighting for the interests of community banks.
ICBSD President, Greg McCurry, and the ICBSD staff do a great job keeping us informed on the various bills and may call on us bankers to call our local legislators and inform them how a bill will affect our banks. Look for the Communications Update e-mail that the ICBSD office sends out every Wednesday.
Something new for ICBSD bank members is the ICBSD Member Networks. Most small community banks have limited staffs and the ever changing world of banking makes it a real challenge to stay up to date with the latest regulatory changes and trends.
The ICBSD Member Networks will bring community bankers together to exchange ideas. Forming these peer groups is a fantastic way for community bankers to stay up to date with the latest changes. ICBSD President, Greg McCurry, has set up the Member Networks programming and they will begin in late March. Please visit our ICBSD home page to learn more about our Member Networks.
The ICBA Washington Policy Summit at the Hyatt Regency, Washington, DC, is April 24-27. Contact Greg McCurry if you would have an interest in going to the Washington Policy Summit. Teresa and I went last year and it was a very educational experience. It was impressive to see all these community bankers take up a grassroots effort to meet their congressional delegation and share their concerns.
As I close, I just want to say how fortunate I am to be a community banker. Despite the challenges of burdensome regulation, it is very rewarding to see the positive influences we have on our communities. Thank you to all the community bankers and the ICBSD staff whose mission it is to make community banks better.