DBA Digest for February 11, 2022 |
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2022 Teach Children to Save - April 25th - 29th
IN-PERSON and Virtual!
Sponsorships Available!
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The list of Delaware banks sponsoring this year's Teach Children to Save Day keeps growing!
Discover Bank
Barclays
WSFS Bank
Fulton Bank
Wells Fargo
Comenity Bank
First Citizens Community Bank
Shore United Bank.
The Delaware Bankers Association and the Delaware Financial Education Alliance are proud to announce a new book – The Lonely Bill - created especially for this year. The Lonely Bill tells the story of a ten-dollar bill that a boy receives from his grandmother, and what happens to money when it is squandered. The book reinforces the concept of the value of saving in a local bank for the depositor and for the community as a whole.
2022 Teach Children to Save Day will be held April 25th through 29th. Classrooms are now signing up for Delaware's 24th Annual Teach Children to Save event... with the majority being in-person! Over the years Delaware’s bankers have taught an important lesson on saving to over 225,000 kids. Bank volunteer registration opens in early March.
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Plunging with the Polar Bears! |
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On Sunday, February 6, 2022, Delaware Banker Association’s Event Technologist, Corinne Stayton, and her daughter Averie Rivera completed their sixth year participating in the 2022 Lewes Polar Bear Plunge! With the help of their supporters, they raised over $1200 to support the Special Olympics of Delaware! Joined by 3244 Polar Bears, this signature event raised over 1 MILLION DOLLARS!
This year the water temperature was 37° with an air temperature of 32°. Corinne and Averie freeze for a reason! Proceeds from the Plunge help fuel the mission of Special Olympics Delaware to provide year-round sports training, competition, leadership opportunities, and health screenings to over 4,200 athletes.
Mark your calendars for Sunday, February 5, 2023 for the 32nd Annual Lewes Polar Bear Plunge! Contact corinne.stayton@debankers.com if you’re interested in joining her team: Forever Freezing!
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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. |
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Belfint, Lyons & Shuman, P.A. Prepares for the Future
with New Leadership Structure
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Belfint, Lyons & Shuman, P.A. (BLS), a certified public accounting and consulting firm with offices in Delaware and Pennsylvania, announces a new leadership structure and recognizes the firm’s achievements under Michael T. French, CPA as Managing Director.
To ensure the proper management and succession of the firm, it is with great excitement and anticipation that we announce a new shared leadership governance structure effective January 1, 2022. As such, BLS is evolving from a traditional, singular Managing Director model to a three-member Executive Director model. This newly appointed leadership team will create an even more collaborative approach to managing the firm while improving on our ability to continue providing exceptional services for our clients. The following individuals were appointed to the new Executive Director roles:
Jonathan D. Moll, CPA states, “This new governance model will allow us to continue to build on the leadership philosophy rooted in respect and communication established by Michael and leverage the strengths and unique skill sets of our team to continue to manage the firm toward continued success.”
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Bank TalentHQ FIFTH ANNIVERSARY B2GO SALE!
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BankTalentHQ is celebrating its 5th Anniversary and that means savings for YOU! Through March 31, 2022, select the three 30-day Online Job Posting Package for $799 and enter the code BUY2GET1 to receive savings at checkout.
The Delaware Bankers Association has partnered with BankTalentHQ to provide our members with the premier talent management site for financial industry careers. When you post on BankTalentHQ, through our partnership with Circa, your open position is also posted on a combination of 15,500+ employment offices, community-based organizations and other specific diversity hiring sites.
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OCC Virtual Innovation Office Hours - March 16 & 17 -
Sign Up By February 18!
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The Office of the Comptroller of the Currency (OCC) announced that it will host virtual Innovation Office Hours on March 16-17, to promote responsible innovation in the federal banking system.
Office hours are one-on-one meetings with representatives from the OCC Office of Innovation to discuss financial technology (fintech), new products or services, partnering with a bank or fintech company, or other matters related to responsible innovation in financial services. Each meeting will last no longer than one hour.
Interested parties should request a virtual office hours session by February 18, and are asked to provide information on the topic(s) they are interested in discussing with the Office of Innovation. Specific meeting times and arrangements will be determined after the OCC receives and accepts the request.
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Troutman Pepper Expands Financial Services Practice with Addition of Nationally Recognized Consumer Financial Services Group |
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Troutman Pepper is pleased to announce that a nationally recognized consumer financial services group has joined the firm from Ballard Spahr in Atlanta, New York, Philadelphia, and Salt Lake City. The industry-leading group includes partners Christopher J. Willis, Mark J. Furletti, Jeremy T. Rosenblum, Stefanie H. Jackman, James Kim, Jason M. Cover, and Anthony C. Kaye.
The new group will join the firm's existing, top-ranked financial services practice, which provides a full range of transactional, litigation, enforcement, and regulatory compliance services to national, regional, and community financial institutions, consumer and commercial lenders, payment processors, financial technology companies, and a host of other financial services providers.
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Now Available for Credit!
DBA Regulatory Compliance School On-Demand
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On-Demand Sessions for the 2021 DBA Regulatory Compliance School are now available! Compliance professionals can 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
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Ballard Spahr Webinar:
The CFPB’s Inquiry Into “Junk Fees”: What It Means For Consumer Financial Services Providers
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The Consumer Financial Protection Bureau (CFPB)’s recently-issued request for information (RFI) takes aim at what the CFPB labels “excessive and exploitative” fees charged by consumer financial services providers. The RFI could portend greater scrutiny of ancillary fees by the CFPB in examinations, possible enforcement actions targeting fees, and new regulatory proposals. By shining a spotlight on ancillary fees, the RFI also increases the likelihood that state regulators, attorneys general, and plaintiffs’ lawyers will pay greater attention as well.
Thursday, February 17, 2022 | 2:30 - 3:30 PM ET
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Sign Up Now! Two On-Line Courses:
Fundamentals of Commercial Banking; and,
Analyzing Repayment Sources!
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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.
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