Banking

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In The Moment ... September 12, 2017 Show 175 Hour 2

Tonight SDPB-TV  brings you the special 90-minute broadcast premier of FRONTLINE's "Abacus: Small Enough to Jail." It's the saga of a Chinese-American family who own and operate Abacus Federal Savings in New York's Chinatown and became the only American bank prosecuted as a result of the 2008 financial crisis. We welcome filmmaker Steve James to the program.

Courtesy Cuny Communications

The Pine Ridge Reservation has a new banking service that operates on 4 wheels. The “Rolling Rez Bus” brings the Lakota Federal Credit Union to tribal members living in remote areas of Pine Ridge saving them time, gas and money.

Beginning this week and once-a-week from now on, tribal members in the village of Pine Ridge, Oglala or even the remote Red Shirt Table will have access to a bank with the arrival of the “Rolling Rez Bus”.

Kealey Bultena / SDPB

Area leaders say technology is rapidly changing the way they do business. People from different industries met in Sioux Falls Thursday to discuss technology and South Dakota’s economy. The US Chamber of Commerce Foundation and the Sioux Falls Area Chamber of Commerce worked together for the free event.

Sioux Falls Police Department

Authorities in Sioux Falls say officials found card skimmers on two bank ATM machines. Thieves place the devices to capture financial information so they can gain access to accounts. Police say this is the first time they’ve found credit card skimmers in the area. 

Officials say they believe no one’s card information is compromised after skimmers recorded sensitive material at two ATMs in the southwest part of the city.

Capital One

Hundreds of people are losing their jobs as a Sioux Falls financial call center closes. A spokesperson for Capital One says the company is shifting strategies and moving work from Sioux Falls to other places. It’s supposed to happen by the end of the year. A layoff of 750 workers is significant, but the situation offers those employees some opportunities.

Thursday Capital One leaders alerted workers that their business in Sioux Falls is shutting down. Employees are not out of a job right away. They can work for a few months before Capital One’s operations end.

Senator Tim Johnson's Career

Mar 27, 2013

University of South Dakota political science professor Mike Card says Senator Tim Johnson still has work to do and will focus on banking, water, veterans issues and health care before leaving office.  Card discussed Johnson's political career on Dakota Midday after Johnson's announcement Tuesday that he will not run for re-election to the U.S. Senate in 2014.

Banking Committee Agenda

Feb 14, 2013

On Tuesday, U.S. Senator Tim Johnson released the Senate Banking Committee's Agenda for the 113th Congress.  Bret Afdahl, Director of the South Dakota Division on Banking, joined Dakota Midday to comment on the agenda and how it would affect South Dakota.