DBA Digest for April 18, 2025

Women Connect - May 1 - Wilmington!

Register Today!

Don't miss the next Women Connect event, May 1, 8 a.m. to 1 p.m. at the Delaware Center for Horticulture, 1810 North Dupont Street, Wilmington. Featured topics include Elder Care; Women's Wellness; a Vendor Showcase; and, More! Join our sponsors; Brown Brothers Harriman Trust Company, Delaware Community Foundation, Wilmington University, and Visa U.S.A., Inc.! Register today for this exciting day of Engagement, Empowerment, and Networking!

DBA 130th Annual Meeting & Dinner, May 15th!

Register today for the Delaware Bankers Association's 130th Annual Meeting and Dinner, May 15th, at the DuPont Country Club in Wilmington. The evening will feature a special appreciations to outgoing DBA President Sarah Long, and former Senator Tom Carper, along with other special guests!

Thank you to our sponsors: Belfint Lyons Shuman; Delaware Community Foundation; The Federal Home Loan Bank of Pittsburgh; Fulton Bank; McCollom D'Emilio Smith Uebler; Pinion; Potter Anderson Corroon; Richards Layton Finger; Santora CPA Group; Troutman Pepper Locke; Visa U.S.A., Inc.; Weiner Benefits Group; Wilmington Trust, and, Young Conaway!

And Bank Table Sponsors: Bank of America; Barclays; Capital One; Comenity Bank; Commonwealth Trust Company; County Bank; Discover Bank; First Citizens Community Bank; JPMorgan Chase, M&T Bank; PNC Bank; Sallie Mae; US Trust Company of Delaware; Wilmington Trust; and, WSFS Bank!

Don't Miss These Upcoming OnCourse Learning Webinars!

Creating Content with a Click: Generative AI Workshop for Banking Professionals - April 22nd

From marketing materials to customer emails to social media posts, you’ll see firsthand how AI can take the heavy lifting off your plate. This isn’t a lecture. It’s a hands-on working session where you’ll build real, usable content on the spot.

If you’re still creating content the old way, you’re wasting time. This is your chance to get ahead of the curve and start working smarter.

Audience: This workshop is for banking professionals who need smarter, faster ways to create content.

Security Awareness Training: Best Practices for Keeping Your Employees Engaged - April 28th

As we all know, creating an engaging Security Awareness Training program is more than words or flipping a switch – it involves thoughtful and deliberate action across the organization, as well as accountability for building a culture of cybersecurity. Culture changes and engagement also have to start at the TOP of the organization, or it will be meaningless downstream. Join us for this session on creating a Security Awareness Program that keeps people engaged.

Audience: This session is ideal for IT and IS professionals who need to understand the strategic and regulatory aspects of cybersecurity to better support their organization’s goals. Attendees will gain valuable insights into current cybersecurity threats, regulatory guidance, and best practices for developing a robust cybersecurity program.

Learn more and browse all the webinars via the link below.

Glenmede Events: Philanthropy 2025 - Inspiring Actions for a Lasting Impact - April 30th

Mark R. Parthemer

Kenneth E. Spruill

Join Glenmede for a virtual discussion on the current state of philanthropy. Now, and throughout the remainder of 2025 and into 2026, it’s essential to understand the evolving trends in philanthropy and how they can influence your giving strategy. In this engaging session, Glenmede’s Mark R. Parthemer, Chief Wealth Strategist, and Kenneth E. Spruill, Jr., Director of the Center for Family Philanthropy and Wealth Education, will explore key developments in the philanthropic landscape. Wednesday, April 30, 11 a.m. EDT.

Bank of America Private Bank - Market Minute

THE BIG PICTURE April 14, 2025 The S&P 500 narrowly avoided entering bear market territory after last Wednesday’s announcement of a 90-day pause for most reciprocal tariffs unveiled on April 2. The index gained 9.5% last Wednesday in its third best daily gain since 1940 but remained 12.7% off its February 19 high as of last Friday’s close. Over the week, the benchmark gained 5.7% while the Nasdaq Composite and Dow Jones Industrial Average similarly rose 7.3% and 5.0% respectively. The Chicago Board Options Exchange Volatility Index swung wildly with tariff-related headlines, topping 50 at Tuesday’s close for the first time since April 2020. Meanwhile, U.S. Treasurys weakened considerably with the yield on the 10-year and 30-year U.S. Treasury each rising more than 45 basis points (bps) over the week, the latter being the largest weekly rise since 1987. U.S. economic news revealed that inflation cooled unexpectedly in March. The Consumer Price Index (CPI) fell 0.1% over the month, the first month-over-month decline since May 2020. At 2.4% year-over-year (YoY), headline inflation stood at its lowest since September 2024. Excluding food and energy, core CPI rose 0.1% over the month and 2.8% over the year.

2025 Affordable Housing Resources Webinar and Application Assistance

The DCF will launch a new podcast called How to (Not) Kill Your Community with episodes dropping beginning the last week of April. We’re so proud of what has been accomplished in the first five seasons of our original podcast, Building Opportunity in Delaware.  

Now, as a logical next step, we believe that in our often-polarizing society we needed to drill down and explore some of the fundamental assumptions we make as Delawareans around community building, which required a slightly different way of looking at topics.  In each episode, we explore what sustains strong communities and what can kill them. We ask questions, such as “Why should we use tax dollars to pay for affordable housing?” “Why should we care about equitable hiring practices if we’re already employed?” and “We know that newcomers benefit from coming to Delaware, but how does it impact those of us who already live here?” and many others. Our terrific guests give equally

terrific answers.  

DOJ’s Latest Guidance on the Data Security Program – What’s New?

The new Department of Justice (DOJ) Data Security Program (DSP) took effect on April 8. For an overview of the DSP, see our earlier advisory and recent update.

On April 11, DOJ’s National Security Division (NSD), which administers the DSP, issued an array of detailed guidance about how the DSP will work, including a Compliance Guide, Frequently Asked Questions (FAQs), and an Implementation and Enforcement Policy that provides a 90-day leniency period for civil enforcement through July 8. DOJ has signaled its intent to issue more extensive enforcement guidance and to populate the Covered Persons List soon.



While the full DSP compliance and enforcement structure remains a work in progress, the DOJ’s most recent guidance provides invaluable insight for organizations monitoring their compliance obligations.

Webinar: What is Happening at the Federal Agencies (Other Than the CFPB) That is Relevant to the Consumer Financial Services Industry?

During this webinar, we will tell you everything you need to know about developments at those other agencies, including the FTC, OCC, FDIC, FRB, FCC, DOJ, ED, and DOD (collectively, the “Agencies”) and the White House (through the issuance of Executive Orders). Some of the issues we will consider:

·  What is the status of proposed or final regulations of the Agencies? (e.g., FTC CARS Rule, Click-to-Cancel, and UDAAP fees rule)

·    What is the status of enforcement investigations and litigation of the Agencies?

·    What is the impact of President Trump’s executive order requiring the Agencies to obtain approval from the White House of all proposed and final regulations?

·    Will the Supreme Court approve of President Donald Trump’s firing of the Democratic members of the FTC (who have subsequently sued Trump to challenge the firings) and, if so, what are its implications?

·    What will happen to the amended version of the Community Reinvestment Act?

Tuesday, May 13, 2025, 12:00 - 1:30 PM ET