DBA Digest for April 29, 2022

2022Teach Children to Save Week!

DBA President, Sarah Long, reads The Lonely Bill to an assembly of three combined classes at Brandywine Springs Elementary School on  Monday. DBA, VP, Greg Koseluk, also the book's author, signed copies of the book for each student. Their visit also included a money magic show to help illustrate the saving concepts.

The 2022 Teach Children to Save Day effort started Monday, running all this week before wrapping up today! Approximately 250 banker volunteers visited classrooms throughout Delaware to teach over 7,000 public, private, and parochial school students about the importance of saving for a financially independent future.

Thank you to all the volunteers

and to all of the sponsors of 2022 Teach Children to Save Day:

Discover Bank


Capital One

TD Bank


Bank of America

Fulton Bank

M&T Bank

Wells Fargo

Artisans' Bank


First Citizens Community Bank

Shore United Bank

Web Page
2022 DBA Annual Meeting and Dinner - May 12th - DuPont Country Club!
Registration Now Open!
Don't miss the Delaware Bankers Association's 127th Annual Dinner, May 12th, at the DuPont Country Club, 1001 Rockland Road, Wilmington.

Hear keynote speaker Mark Lally, the CEO of First State Compassion. After a 20 year career in law enforcement, Mark trailblazed Delaware’s medical cannabis industry, creating industry-leading procedures and policies while focusing on delivering the best products and services to thousands of patients every month.

Women Connect Retreat - May 26th!
Kickoff the Memorial Day weekend at the Hyatt Place in Dewey Beach and enjoy a refreshing mind and body morning, inspirational keynote, sit down lunch, and early happy hour! The Women Connect Network serves as a catalyst to engage, empower and connect women in the Financial Services Industry.

Sponsorships are available! Join these prestigious sponsors: Wilmington Trust; M&T Bank; Bank of America; The Bryn Mawr Trust Company of Delaware; Delaware Community Foundation; Pinion; County Bank; U.S. Trust Company of Delaware; and, Wilmington University! Email Corinne Stayton for sponsorship information.
Information and Registration
Business Writing Workshop - On-Line - May 25th
Corporate communicators value this highly interactive workshop designed to resolve two of the biggest written communication challenges: writing more effective documents while following a more efficient process. Practical, lively exercises help increase skills in Paragraph Performance from introductions to conclusions, Sentence Sense, Word Wisdom, and Format Force. A review of practical grammar and punctuation rules is included. Documents and messages will look, sound, and feel more professional!

Workshop Objectives: 
• Identify varied audiences and purposes for writing;
• Polish rough edges of writing style in paragraphs, sentences, words, and format;
• Write more effective documents while following a more efficient writing process; and
• Apply course concepts to actual writing samples.

Cost: $199/per person ($249/non-members)

WSFS Financial Corporation Rings the Nasdaq Stock Market Opening Bell

WSFS Financial Corporation (Nasdaq: WSFS), visits the Nasdaq MarketSite in Times Square. Its primary subsidiary, WSFS Bank, is the oldest and largest locally-managed bank and trust company headquartered in Delaware and the Greater Philadelphia region. While this event marks the 35th year WSFS has been listed as a public company, its history dates back nearly 200 years. In honor of the occasion, Rodger Levenson, WSFS’ Chairman, President and CEO, rings the Opening Bell.

Full Story

Jenifer Jurden is a Cartoonist from Wilmington who has graciously provided her Planet Jurdy cartoons for the DBA Digest. Jurdy® is her other-worldly "Hero of Happyness" whose cartoons bring levity to humans worldwide.

Troutman Pepper Insight: CFPB Makes Move to Widen Supervisory Scope

On April 25, the Consumer Financial Protection Bureau (CFPB or Bureau) announced that it would begin invoking a provision in Dodd-Frank, previously used only infrequently, to conduct supervisory examinations over a greater number of nonbank financial companies that may “pose risks to consumers.”

Under Dodd-Frank, the CFPB has authority to examine three categories of nonbank entities:

  1. Nonbank entities that offer or originate mortgages, private student loans, and payday loans, regardless of the nonbank entity’s size.
  2. Larger nonbank participants, designated under the CFPB’s various “larger participant” rules, in other markets for consumer financial products and services — e.g., consumer reporting, debt collection, student loan servicing, international remittances, and auto finance.
  3. Nonbanks engaging, or have engaged, in “conduct that poses risks to consumers.”

Full Story

Ballard Spahr Webinar - CFPB Director Rohit Chopra: Do His Words Speak Louder Than His Actions?

May 11th - 12 noon

Director Chopra has been in office for about six months and has given many speeches, issued several RFIs, and otherwise has shared his views on a wide variety of consumer finance issues. However, much to the surprise of those in the financial services industry, the Consumer Financial Protection Bureau (CFPB) has only filed a handful of enforcement actions and consent orders, and done very little of a public nature on the regulatory front except for activity related to section 1071 of Dodd-Frank (small business loan).

In this webcast, we will first explore the public enforcement and regulatory actions during Director Chopra’s first six months in office. We will then discuss his public speeches, RFIs, and other activity during this time period. Throughout the webinar, we will provide our views on how companies should respond to Director Chopra’s “words.” We will also share our views about topics, like arbitration, that have not been given any public attention (neither words nor deeds) by Director Chopra.

Wilmington University's Annual Golf Classic is BACK!
Wilmington University will be hosting the Annual Scholarship Golf Classic at Deerfield on Thursday, May 5, 2022. As a valued partner of Wilmington University, we invite you to participate by considering one of the many sponsorship opportunities we have available. We’re excited to be back on the green for 2022, and look forward to hosting an enjoyable event with game-day challenges, golfer gift packs, dinner with a silent auction, and live music. Participants will also have a chance to win a car through the Hole-in-One competition!
Every donation goes directly toward student scholarships. By sponsoring, be assured that you and your business will receive exposure from over 120 golfers, special guests, and fellow sponsors. We have enclosed an event prospectus we hope you’ll find helpful.
Thank you in advance for your generosity. If you’d like to save time, simply register online via the link below...
We want to hear from you! Please send your news items to
Greg Koseluk at [email protected]