DBA Digest for March 21, 2025

2025 Teach Children to Save Day Instructional Video Now Available!

You volunteered for this year's Teach Children to Save Day, but now you're wondering: "How do I teach a class to a room full of inquisitive 4th graders?" Not to worry! The 2025 Teach Children to Save Day instructional video is now available. Teaching Pro, Judy Austin, from the Center for Economic Education and Entrepreneurship, provides step-by-step instruction and helpful tips to make this year's lesson fun and memorable for the students and you, too! Watch the video via the link below. You can also find the lesson plan and this year's comic book there, too!

This year’s lesson is taken from the new comic book The Great Investo and Penny in The Savings Genie, and introduces the new character of The Mystical Saveroo!  Each student will receive their own copy of the comic book. The book was created specifically for the 2025 Teach Children to Save Day event and was made possible with the support of Barclays, Wells Fargo, WSFS, Bank of America, TD Bank, Artisans' Bank, Fulton Bank, M&T Bank, Sallie Mae, Smarty Pig, Visa, Comenity Bank, County Bank, First Citizens Community Bank, and Shore United Bank."

DBA 130th Annual Meeting & Dinner,

May 15th - Sponsorships Available

Sponsorships are now available for the Delaware Bankers Association 130th Annual Meeting and Dinner, May 15th, at the DuPont Country Club in Wilmington. Join these prestigious sponsors: Belfint Lyons Shuman; The Delaware Community Foundation; The Federal Home Loan Bank of Pittsburgh; McCollom D'Emilio Smith Uebler; Pinion; Potter Anderson Corroon; Richards Layton Finger; Santora CPA Group; Troutman Pepper Locke; VISA; Weiner Benefits Group; Wilmington Trust, and, Young Conaway.

Now Open! Your One Stop Shop for Your Regulatory Compliance Training!

Compliance professional, where can you get the latest training, resources, and solutions for your bank's compliance needs? Check out the DBA's Regulatory Compliance Training page. There you'll find training from OnCourse Learning, access to resources from Compliance Alliance, and compliance certificate programs from the American Bankers Association... all in one convenient page. Click the link below for your regulatory compliance solutions!

Don't Miss These Upcoming OnCourse Learning Webinars!

Tax Returns and Personal Financial Statements - March 25th

Learn the basics of evaluating tax returns and personal financial statements in this 90-minute webinar.This basic course presents several aspects of analyzing personal financial statements and tax returns, including estimating cash flow from the personal financial statement and the tax return to determine if personal and business cash flows are sufficient to repay a loan.

Audience: Commercial lenders, credit analysts, small business lenders, middle market lenders, private bankers, loan review specialists, special assets officers, lending managers and credit officers will benefit from this webinar.

Lending Compliance Update - March 27th

2024 was a busy year. Finalized Community Reinvestment Act regulations, the Regulation B Section 1071 rules to require data collection and reporting for small business loans, and the proposed CFPB changes to FCRA are a few key regulations to be aware of. This program provides an update on numerous lending compliance topics in a single program, thereby saving you time and your institution’s money. Upon completion of the program you will understand recent regulatory changes and be able to develop a plan to implement pending changes.

Audience: This program is designed for compliance officers, loan officers, legal counsel, auditors, and others who are familiar with the basic requirements of the covered regulations.

Learn more and browse all the webinars via the link below.

Bank of America Private Bank -

Market Minute

The S&P 500 closed last Thursday in correction territory, shedding 10% from its most recent February 19 high. Despite clawing back some of its losses last Friday, the benchmark finished last week 2.3% lower in its fourth straight week in the red. The Nasdaq Composite and Dow Jones Industrial Average similarly fell 2.4% and 3.1% over the week, respectively, while the Russell 2000 Index declined 1.5% and closed Friday at 16% off its November 2024 high. The Chicago Board Options Exchange Volatility Index closed last Monday at its highest level since August 5 last year and has finished above 20 for 10 consecutive trading days, the longest streak since March 2023. In U.S. economic news, the consumer price index (CPI) rose 0.2% in February and 2.8% over the year, below expectations at 0.3% and 2.9% respectively. Excluding food and energy, core CPI rose 0.2% in February and 3.1% over the year. Wholesale inflation per the producer price index (PPI) was flat in February and fell from 3.7% year-over-year (YoY) to 3.2%. The Job Openings and Labor Turnover Survey (JOTS) revealed that job openings rose more than expected in January to 7.74 million while layoffs remain low.

New Ask the Fed- Sunset of the FFIEC CAT Session 2: A Discussion with the CRI - April 10, 2:00 p.m.

As the FFIEC CAT sunsets on August 31, 2025, supervised financial institutions may instead consider other resources as noted in the CAT Sunset Statement. This series will focus on industry developed resources to further support supervised financial institutions.

Please join Board of Governors Principal Cybersecurity Policy Analyst Don Peterson and Conference of State Bank Supervisors Senior Director Brad Robinson, April 10, 2 to 3 p.m., as they discuss the sunset of the FFIEC CAT and available resources with Josh Magri from the CRI. CRI will provide an overview of the Cyber Profile while answering your questions.

Registration is open now at www.askthefed.org. As always, we want your questions. You can email your questions in advance of each session at questions@askthefed.org. Questions received in by April 4th will receive priority. This session is only open to financial institutions.

Affordable Housing Resources and Implementation Plan Available

This year, the Federal Home Loan Bank of Pittsburgh (FHLBank) will make approximately $74.5 million available in affordable housing funding resources.

The Affordable Housing Program (AHP) will open on June 26, 2025, with an amount available of approximately $57.5 million. AHP provides competitive grants for the development of affordable housing for low- to moderate-income households. Applications for funding individual projects, up to $1,500,000, can be submitted through AHP Online. Applications are due at 5 p.m. on Aug. 7, 2025.

Potter Anderson Partner Jacqueline A. Rogers

Named to Law360 Delaware Editorial Board

Potter Anderson & Corroon LLP is pleased to announce that partner Jacqueline A. Rogers has been selected as a member of the 2025 Delaware Editorial Board for leading legal industry trade publication Law360.

The purpose of Law360’s editorial advisory boards is to gather feedback from readers on how Law360 can improve its coverage and to provide Law360 reporters with a pool of potential sources. Board members participate in annual board conference calls to provide feedback to section editors about specific news coverage, as well as cases or trends in their practice areas, to help Law360 plan future coverage.

Webinar: The Bonadio Group "Navigating the New Global Internal Audit Standards"

Join us, Wednesday, April 2, 11:30 a.m to 12:30 p.m.EDT, for a webinar exploring the new Global Internal Audit Standards, which took effect in January 2025, and how they impact your Internal Audit Department’s Quality Assurance and Improvement Program (QAIP). We’ll discuss compliance options, including External Quality Assessments and self-assessments with independent validation, while highlighting opportunities to go beyond basic compliance. Learn how to leverage alignment with the Standards to drive continuous improvement and enhance the effectiveness of your Quality Assurance efforts.

Delaware General Corporation Law: Proposed Amendments to Sections 144 and 220

On February 17, 2025, Delaware legislators introduced proposed Senate Bill 21, providing for amendments to Sections 144 and 220 of the Delaware General Corporation Law (DGCL). 



The proposed amendments to Section 144 of the DGCL would provide safe harbor procedures for transactions in which directors, officers, or a controlling stockholder (or a controlling stockholder group) have potential conflicts of interest that, under present law, may cause a transaction to be subject to judicial review under the entire fairness standard.

Webinar: The Impact of the Election on the CFPB and Others

Due to popular demand, we have added a fourth complimentary 90-minute webinar to our series focusing on the impact of the election on private civil litigation, including class actions. Our featured guest for this webinar will be Ira Rheingold, Executive Director of the National Association of Consumer Advocates. He will be joined on the panel by Thomas Burke, Daniel McKenna, Jenny Perkins, and Melanie Vartabedian, litigators in our firm’s Consumer Financial Services Group. The webinar will be hosted by Alan Kaplinsky, former Chair of the Consumer Financial Services Group.

Wilmington University Virtual Transfer and Degree Completion Day - March 26th

Join Wilmington University’s College of Business on Wednesday, March 26, at 7 p.m. ET for Innovation and Impact Talks: “So, You Think You Can Be an Entrepreneur?” This FREE virtual event will explore the realities of launching and growing a business. Hear from industry leaders across technology, leadership development, consumer products and franchising as they share their entrepreneurial journeys and insights on building successful ventures.