Search

Recent News

Davenport Evans Welcomes Alayna A. Holmstrom

Davenport Evans Welcomes Alayna A. Holmstrom

Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Alayna A. Holmstrom, to the firm. A native of Rapid City, South Dakota, Alayna Homstrom joined the firm as an associate attorney in September 2020. She is a graduate of the...

New Regulations Provide Relief for Usury Headache

New Regulations Provide Relief for Usury Headache

It is a truism in banking that federal regulations are a burden for the industry, and bankers often cite compliance with federal regulations as a significant burden. In a rare exception to that truism, the Office of the Comptroller of the Currency and the Federal...

Best Lawyers® 2021 Recognizes 17 Davenport Evans Lawyers

Best Lawyers® 2021 Recognizes 17 Davenport Evans Lawyers

Davenport, Evans, Hurwitz & Smith, LLP in Sioux Falls, SD is pleased to announce that 17 Davenport Evans lawyers were listed in Best Lawyers® 2021 for South Dakota, in 24 different practice areas. In addition, Jean H. Bender was named “2021 Lawyer of the Year” for...

FDIC Issues Rule on Minor Offenses, Eases Bank Hiring Restrictions

FDIC Issues Rule on Minor Offenses, Eases Bank Hiring Restrictions

Federal law requires individuals who have been convicted of crimes of dishonesty and similar offenses to submit an application to the FDIC for approval before becoming employed by a financial institution. The FDIC has recently issued a new rule that eases restrictions...

Davenport Evans Welcomes Lori M. Rensink

Davenport Evans Welcomes Lori M. Rensink

Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Lori M. Rensink, to the firm. A native of Freeman, South Dakota, Lori Rensink joined the firm as an associate attorney in 2020. She is a graduate of the University of...

Common Questions on Asset Protection Trusts

Common Questions on Asset Protection Trusts

From time to time the news media covers various issues related to the popularity of South Dakota’s trust laws. Recently there has been some coverage on the use of asset protection trusts in South Dakota. This coverage, combined with the challenging financial...

OCC Combination Rules and Bank Lending Limits

OCC Combination Rules and Bank Lending Limits

When it comes to fast food dining, the combo meal makes life easy. When it comes to applying combination rules to a bank’s lending limits, though, it’s not quite as simple as a quick drive-thru at your local fast food joint. Bankers are well acquainted with lending...