DBA Digest for February 4, 2022
2022 Teach Children to Save - April 25th - 29th
IN-PERSON and Virtual!
Sponsorships Available!
Save the date for Teach Children to Save Day - 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.

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.

Bank sponsorships for the book and the event are welcome. Join the growing list of sponsors including: Barclays, WSFS Bank, Fulton Bank, First Citizens Community Bank; and, Shore United Bank.

Please contact Sarah Long or Greg Koseluk for more information.

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.
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.
Volunteers Needed for
Community Health Survey!
Volunteers are needed by the University of Delaware to help with door-to-door surveys to learn more about community health issues presented by COVID-19. Volunteers will receive a $150 gift card per day. If a volunteer signs up for up to six of the full-day shifts, they could receive up to $900 in gift cards. 
Volunteers may sign up for one or as many days as their schedule allows. All teams will receive training prior to their survey dates, be provided lunch, masks, and asked to follow Covid-19 precautions for everyone's safety. If volunteers are unable to drive to locations, they will be paired with someone who can. Volunteers will be required to wear masks and provide proof of vaccination. 

Finally, surveying will require the following demands: able to get in and out of vehicles, walk around neighborhoods for several hours at a time, remain flexible, prioritize safety, adhere to the methodology, and be respectful.
OCC to Host Virtual Innovation Office Hours
The Office of the Comptroller of the Currency (OCC) today 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.
Morris James: M&A, Stockholder Cases to Watch in Delaware Courts in 2022
Corporate practitioners have much to anticipate in 2022 as the Delaware Supreme Court and Court of Chancery resolve pending cases that will inform the judgment of litigation and transactional attorneys.

Cases ripe for decision in 2022 include a Court of Chancery decision involving whether a minority stockholder nonetheless is a “controlling stockholder.” In addition, the Delaware Supreme Court will consider whether a stockholder seeking books and records may rely upon hearsay evidence to demonstrate at trial that it has one or more proper purposes, or whether admissible testimony by the stockholder is required.

The Delaware Supreme Court also will decide whether a party who terminates a merger agreement extinguishes its rights to pursue claims of pre-termination breach.
Now Available for Credit!
DBA Regulatory Compliance School On-Demand
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
Ballard Spahr Webinar: What Are The Compliance Risks For Lead Generators And Lead Buyers?
The use of online lead generation in the consumer finance industry continues to receive regulatory scrutiny, particularly from the Federal Trade Commission. As a result, it is necessary for both lead generators and lead buyers to have an understanding of the compliance risks that can arise from lead generation. In this webinar, we will examine the key compliance issues that could be targeted by regulators. Such issues include: Privacy and data security issues; Fair Credit Reporting Act; Telephone Consumer Protection Act/Telemarketing Sales Rule; Fair lending; Real Estate Settlement Procedures Act; and, State licensing.

Join Ballard Spahr, Friday, February 11, 2022; 12:00 - 1:00 PM ET
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