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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 …

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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, …

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