DBA Digest for June 11, 2021
Women Connect Event - June 17th:
Leveraging Your LinkedIn, with Michael Coniglio
Does social networking leave you mystified? Wonder how it can work for you and your career? You won't want to miss the Women Connect session on Thursday, June 17th. Michael Coniglio, Assistant Vice President, Senior Business Analytics and Reporting Analyst, Wilmington Trust, presents Leveraging Your LinkedIn! Michael will provide the tricks, tips, and insights on how to navigate the often confusing social media landscape.

And don't forget, the first four sessions in the 2021 Women Connect Speaker Series are now available for on-demand viewing. Empower and connect with these great speakers and sessions...

  • Build Your Personal Brand - Laura Meyer
  • Business Ready Essentials - Danielle Turcola
  • Building Rapport and Engagement - Cathleen Hitchens
  • Taking the Work out of Networking - All-Star Panel

You can attend all six dynamic Women Connect sessions in 2021 for just $199 for DBA Members, or attend individually for $39 per session for DBA members. All sessions will be available live on the day of the event, and on-demand for viewing at your convenience.

Follow the link below to register and to view the full series agenda!
Save the Dates! 2021 Delaware Trust Conference - October 19th & 20th
Wealth Management Professionals! Save the dates - October 19th and 20th - for the 2021 Delaware Trust Conference. Delaware trusts are the gold standard in wealth management! The sixteenth annual Delaware Trust Conference will feature a stellar line-up of the nation’s top trust, legal, and wealth management experts. All of whom will provide you with the latest information on maximizing the benefits derived from utilizing Delaware trusts for estate planning.

This year's conference will be back at the Chase Center on the Riverfront in Wilmington, with live streaming and on-demand sessions, too!

Sponsorships and exhibitor space are now available! Join these prestigious sponsors...
Diamond Sponsors:
Glenmede
Gordon, Fournaris & Mammarella, P.A.
McCollom D'Emilio Smith Uebler LLC

Gold Sponsors:
Connolly Gallagher LLP
Morris, Nichols, Arsht & Tunnell LLP

Full agenda information is coming soon!
Follow the link below for sponsorship and exhibitor 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.
Northern Trust Virtual Event: Market Insights
June 15th, 11 a.m.
Join Northern Trust for their next Market Insights event for a discussion on the latest market, economic and tax planning developments, June 15th, 11 a.m. Speakers: Katie Nixon, Chief Investment Officer, Wealth Management, Northern Trust; Carl Tannenbaum, Chief Economist, Northern Trust; Jim McDonald, Chief Investment Strategist, Northern Trust; and, Pam Lucina, Chief Fiduciary Officer, Trust & Advisory Practice Leader, Northern Trust.
All Three New Foundations of Delaware Trusts Now Available On-Demand!
Approved for 2.5 CE Credits Per Session; 2.00 DE CLE!
All three new Foundations of Delaware Trusts are now available for on-demand viewing.

Discretionary Decision-Making with Cynthia D.M. Brown, President, Commonwealth Trust Company, and Todd A. Flubacher, Esq., Partner, Morris, Nichols, Arsht & Tunnell LLP

Estate Planning Strategies to Minimize Taxes and Control Wealth Transfer, with Matt D'Emilio, Managing Member, McCollum D'Emilio Smith Uebler LLC, and, Mark Doyle, Principal, Fiduciary Counsel, Bessemer Trust Company of Delaware, N.A.

Reading and Interpreting a Trust Document with David Diamond, President, The Northern Trust Company of Delaware, and Daniel Hayward, Partner, Gordon, Fournaris & Mammarella, P.A.

Each session is only $199 for DBA Members, or all three sessions for only $459 for members!
Potter Anderson Partners with First Chance Delaware to Provide Legal Aid Services in Wilmington

 Potter Anderson & Corroon will be partnering with First Chance Delaware, an initiative launched by Delaware First Lady Tracey Quillen Carney which aims to build on progress toward strengthening children and families and promoting community resilience in Wilmington. Through this partnership, Potter Anderson will provide pro bono legal aid services to the underserved community in Wilmington. This work is part of Potter Anderson’s longstanding commitment to provide public interest legal services with a focus on changing the social determinants of health and hope for their clients.
 
This expansion of this initiative establishes the Wilmington Community of Hope, a neighborhood-based initiative, funded through a private grant that promotes family and community resilience through effective partnerships between government, health care, community, and philanthropy.
Troutman Pepper Insights:
The Rise of Cryptocurrency for Banks
On July 22, 2020, the Office of the Comptroller of the Currency (the OCC) confirmed in Interpretive Letter #1170 the authority of a national bank to provide cryptocurrency custody services. Since that time, the OCC has issued other crypto-friendly guidance, expanding the scope of permissible national bank activities with cryptocurrencies. In January 2021 in Interpretive Letter #1174, the OCC confirmed that a national bank may use new technologies, including independent node verification networks (INVNs) and related stablecoins, to carry out bank-permissible functions, such as payment activities. On April 23, the OCC granted preliminary conditional approval of a limited purpose national trust bank charter for a bank that will provide services only associated with digital assets. The OCC’s decisions may lay the groundwork for greater bank engagement in cryptocurrency activities, which have been subject to regulatory uncertainty.
FDIC Hosts a Technical Assistance Webinar:
“Proposal Writing – Things Unsaid”

The FDIC’s Office of Minority and Women Inclusion is sponsoring a Technical Assistance Webinar on Thursday, June 24, 2021, from 1:30 P.M. to 3:30 P.M. eastern daylight time. The Webinar, “Proposal Writing: Things Unsaid”, will focus on best practices for competing for FDIC contracts. Although the target audience is minority- and women-owned businesses, the webinar is open to the public, including anyone interested in competing for contract awards to do business with the FDIC. 
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