State Coverage: South Dakota
S.D. Sioux Tribe Aims to Use Buyout for Pension Asset Edge
American Banker | Sep 18To generate revenue, a casino wasn't an option for the chairman of the Lower Brule Sioux Tribe. So he did the next best thing: he bought a wealth management company.
Banks Issue Stock to Repay Tarp
American Banker | May 06City National Corp. in Los Angeles and Texas Capital Bancshares Inc. in Dallas plan to complete stock offerings this week to repay their government capital.
South Dakota Changes Its Branching Rules
American Banker | Mar 25A South Dakota law that is scheduled to take effect July 1 could pave the way for state-chartered banks to start building more branches.
South Dakota Eyes Expansion of Branching Powers
American Banker | Jan 16State-chartered banks in South Dakota could soon get the same authority to branch as freely within the state as their national bank counterparts.
Farm Belt Pulls NAB Back to U.S.
Echoes of Rabobank in Great Western deal
American Banker | Nov 30Seven years after selling its U.S. banking arm to one Dutch company, National Australia Bank Ltd. is returning with what looks like a page from another Dutch lender's playbook.
SBA Testing Rural Lending Program
American Banker | Sep 28The Small Business Administration is testing a program meant to encourage more community banks and credit unions to make government-guaranteed loans in rural markets.
South Dakota Tourist Spot Draws Montana Bank
American Banker | Sep 21The Black Hills and Badlands region of South Dakota has emerged as a major tourist destination, and First Interstate BancSystem Inc. in Billings, Mont., wants in on the action.
First Interstate in Montana Acquiring First Western for $251 million
American Banker | Sep 20First Interstate BancSystem Inc. in Billings, Mont., has made a deal to buy First Western Bancorp Inc. in Huron, S.D., for $251 million in cash and stock.
Fed Lowers Boom on BankFirst in South Dakota
American Banker | Aug 09The Federal Reserve Board released a sweeping agreement Wednesday with a $720 million-asset Minneapolis holding company and its largest subsidiary to improve asset quality, loan administration, and other areas of concern.
HF Building in Servicing with Great Western Deals
American Banker | Sep 07HF Financial Corp. in Sioux Falls, S.D., has struck two deals with Great Western Bank of Watertown, S.D., that would ultimately leave the parent of Home Federal Bank with fewer branches but a fatter mortgage servicing portfolio.
Another S.D. Bank Quits Payday
American Banker | Mar 23First Fidelity Bank of Burke, S.D., plans to stop funding payday and installment loans for Advance America Cash Advance Centers Inc. in Arkansas on April 8 and June 24, respectively.
Spread Out, BancWest Now Aims to Fill In
Twenty new branches next year, organic growth, and deals
American Banker | Dec 05After two large acquisitions that have pushed BancWest Corp. across the Rockies and the plains states, the company is adjusting its sights to focus on filling in its newly expanded 19-state service area through branching and smaller acquisitions.
Wyo. Bankers Team Up to Tout 'Dynasty Trusts'
American Banker | Aug 24The seven Wyoming bankers who run a booth each year at a trust administrators conference in Miami get some curious looks, Pamela G. Snell says.
First Dakota Farm Loan Program - Hedges Included
American Banker | Apr 12First Dakota National Bank in Yankton, S.D., is teaming up with Cargill Inc. to offer farm loans with a built-in hedge against swings in commodity prices.
AgStar a Willing Bidder, But Is It an Able One?
American Banker | Aug 23AgStar Financial Services is willing to top Rabobank Group's bid for Farm Credit Services of America by $50 million.