News

South Dakota Trust Association Scholarship Recipients Announced

In 2022, the South Dakota Trust Association implemented a new scholarship opportunity available to post-secondary students to help increase awareness of the local trust industry. It is the hope that this scholarship opportunity helps to raise awareness of students about the career paths in the trust industry, emphasizing the current demand for trust administrators. A …

South Dakota Trust Association Scholarship Recipients Announced Read More »

SDTA Holds 8th Annual Fall Forum

The 2022 Fall Forum was held in Sioux Falls where 275 members and other attendees from around the country participated in a day and a half conference on topics related to South Dakota trust laws. A special thank you to all of our sponsors who made this event a huge success! All New Gallery

Special purpose entity Memo from the SD Division of Banking

SOUTH DAKOTA DIVISION OF BANKING 1601 N. Harrison Avenue, Suite 1, Pierre, SD 57501 605-773-3421 NUMBER: 10-009 DATE: July 8, 2022 TO: SOUTH DAKOTA TRUST COMPANIES FROM: BRET AFDAHL, Director RE: SPECIAL PURPOSE ENTITY OVERSIGHT GUIDANCE MEMORANDUM The South Dakota Division of Banking (Division) is aware of instances in which Special Purpose Entities (SPEs) named …

Special purpose entity Memo from the SD Division of Banking Read More »

Madison Daily Leader Editorial

October 19, 2021 The Madison Daily Leader published an editorial regarding the South Dakota trust industry. You can read the full article below. https://www.madisondailyleader.com/opinion/article_2c88c3a0-3109-11ec-9a8a-1b52ceb38a8e.html 

The Complex issue of South Dakota trusts

October 13, 2021 Rick Kahler examined the complex issue of South Dakota trusts in the Rapid City Journal. You can read the full article below. https://rapidcityjournal.com/business/kahler-the-complex-issue-of-south-dakota-trusts/article_ac300274-a097-5a43-9758-f83f8a64488a.html  

2021 Philanthropy Day

2021 Philanthropy Day at feeding south dakota South Dakota Trust Association was proud to staff an afternoon of volunteering at the Rapid City and Sioux Falls Feeding South Dakota locations on October 7, 2021. The crew packed more than 1,600 backpacks of food for students in need to take home over the weekend. In addition, …

2021 Philanthropy Day Read More »