DBA Digest for December 17 , 2021
The DBA Digest will be on hiatus for the next few weeks.
See you on January 7, 2022.
Support Financial Literacy in Delaware While Doing That Last Minute Shopping!
When you shop at smile.amazon.com, or in the Amazon app with AmazonSmile turned on, Amazon will donate a portion of your purchases to The Delaware Financial Education Alliance. You'll still find the same Amazon products and low prices you are used to. Simply enroll by visiting: smile.amazon.com/ch/22-2549908
You can select The Delaware Financial Education Alliance as your AmazonSmile charity by visiting: smile.amazon.com/ch/22-2549908
Brush Up Your Skills in the New Year!
Business Writing & Grammar Courses -
Virtual Live: January 12, 2022, and January 26, 2022
Make a New Year's Resolution to polish your professional skills in 2022. The Delaware Bankers Association/Delaware Financial Education Alliance is offering two virtual courses on Business Writing and Grammar. Both courses are being facilitated by Linda Comerford with Comerford Consulting. Attendees will be able to refine and enhance their professional writing abilities through this training program.

Business Writing Workshop -
January 12, 2022 – 9:00 am – 4:00 pm

Taking the “Grr” Out of Grammar -
January 26, 2022 – 9:00 am – 12:00 pm

Click on the link below for full details on these two courses!
2021 Regulatory Compliance School On-Demand
On-Demand Session for the 2021 DBA Regulatory Compliance School will be available soon. Compliance professionals will be able to get all the updates needed to face the latest regulatory challenges. The agenda is filled with the most up-to-date regulatory information on Lending, Deposits, BSA/AML, available for viewing on your schedule. $999 for DBA members ($1499 for non-DBA-members).

Presenting Sponsor: Troutman Pepper
Please Support the Victims of the
Devastating Kentucky Tornados
The Kentucky Bankers Relief Fund was established in 2005, in response to Hurricane Katrina, to help communities in need after natural disasters. These funds are needed now more than ever in light of the recent tornados that have hit a number of Kentucky communities hard. These devastated regions of the state need assistance now, and will need help well into the coming months. Donating to this fund will show your support for the communities in Kentucky, including its bank employees, who often are the ones who ignore their own needs to help their communities first.
• Each dollar received into the fund will be used for direct assistance. No administration fees will be taken out by the KBA.
• The KBA will help to coordinate the needs of banks impacted by the recent tornados, starting with bank employees.
• The KBA will consult and work through the banks in the impacted areas to make sure the funds are distributed effectively.
• The KBA will take direction from our local banks to distribute financial assistance from any remaining funds.
UD Trust Minor Holds Legacy Case Competition
In an ongoing partnership between education and industry, local industry professionals judged the Legacy Competition for Trust Minors at the Lerner College of Business and Economics. The top prize of $2,500, as well as second and third place cash prizes for the winning teams, was generously donated by Lynn Welch Watson, a long-time individual supporter of the program. The Legacy Case Competition is the most recent addition to the growing list of experiential learning activities included in the program, whose recent graduates have accepted positions at many of the state’s top banks and trust companies. If you are interested in recruiting top talent from Lerner College’s Trust Management Minor, or learning more about the program, contact Jennifer Zelvin McCloskey at jzmac@udel.edu.
Debbie Thomas celebrates 30 years with
Shore United Bank
Shore United Bank is happy to congratulate Debbie Thomas on 30 years of service. Debbie began her career with the Bank in December of 1991 in Centreville, MD. During this time, she has held positions such as Loan Clerk, Teller, Head Teller, Loan Processor
and currently, Loan Service Representative. In her current role, Debbie provides support related to loan accounts which include processing loan credit card payments,
completing account maintenance, conducting account research, and responding to inquiries regarding loans.

Debbie’s dedicated work ethic is to be celebrated on this monumental milestone. Her endless contribution to the team’s success is valued and appreciated by her co-workers and management. It is a pleasure working with her and we are thankful for her 30 years of service,” explains Jamie Dulin, Senior Loan Operations Officer at Shore United Bank.
Applications Now Accepted for Bank of America Student Leaders Program
Through Student Leaders®, Bank of America recognizes high school students who lead and serve in their own communities and beyond. We connect Student Leaders to tools and resources to help make communities better.

Student Leaders will:
  • Work as a paid intern at a local nonprofit for eight weeks
  • Attend the weeklong Student Leaders Summit in Washington, D.C.
  • Develop leadership and career skills
  • Connect with like-minded students from your community and across the country
Current Student Juniors and Seniors may apply through January 28, 2022
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.
Connolly Gallagher Welcomes Alan R. Silverstein and Regina S. Schoenberg
Connolly Gallagher is pleased to announce the addition of two new attorneys.
Alan R. Silverstein has joined the firm as a Partner in the Intellectual Property Litigation and Delaware Business, Commercial, and Corporate Litigation practice groups. Alan has extensive experience in commercial and complex litigation, with a focus on patent litigation, trademark litigation, and trade secret litigation. Regina S. (Gina) Schoenberg joins the firm from the Delaware Department of Justice where she served for ten years as a Deputy Attorney General. Most recently, Gina served as the Deputy Director of Consumer Protection in the Fraud and Consumer Protection Division.
Troutman Pepper Freddie Mac Issues Bulletin Addressing Use of Cryptocurrency in Mortgage Qualification Process
On December 1, Freddie Mac issued Bulletin 2021-36 to update lenders on changes in loan eligibility requirements. While it is not unusual for Freddie Mac to issue such bulletins, this bulletin contained changes pertaining to cryptocurrency.

Specifically, the bulletin stated that Freddie Mac updated its Seller/Servicer Guide (the Guide) to address “the use of cryptocurrency in the Mortgage qualification process.”
Sign Up Now! Two On-Line Courses:
Fundamentals of Commercial Banking; and,
Analyzing Repayment Sources!
The Delaware Bankers Association & Delaware Financial Education Alliance has partnered with Andy Keusal with Keusal Learning LLC to offer two new online Breaking into Banking videos:

  • Breaking into Banking 101: Fundamentals of Commercial Banking - ten learning modules, over 5 hours in total content

  • Breaking into Banking 201: Analyzing Repayment Sources - nine modules covers topics including how to analyze income statements, balance sheets, collateral, and risk rating.

Each module includes a video lesson and a multiple-choice self-check. Many of the lessons include exercises/case studies for learners to work through that are related to a sample company outlined in the course’s Reference Guide.

Get the full details, including an introductory video at the link below.
We want to hear from you! Please send your news items to
Greg Koseluk at greg.koseluk@debankers.com