DBA Digest for May 16, 2025

Delaware Bankers Association

130th Annual Meeting!

Incoming Chair, Caroline Dickerson, receives the gavel from outgoing Chair, Matt Parks at the 130th DBA Annual Meeting

Karyn Polak, incoming DBA President, chats with Sarah Long, outgoing president, at the 130th DBA Annual Meeting

Martha Carper and former Senator Tom Carper are honored by Sarah Long at the 130th DBA Annual Meeting

Caroline Dickerson, Chief Executive Officer & Treasurer, Commonwealth Trust Company was elected the Chair of the Delaware Bankers Association (DBA) on May 15th at the DBA’s 130th Annual Meeting in Wilmington. The DBA also elected and installed Diana Clift, Head of Legal, Barclays, to the position of Chair-Elect. 

Other Members of the DBA Board of Directors are Directors-at-Large: Nic Jafarieh, EVP and Chief Legal, Government Affairs & Communication Officer, Sallie Mae; Christine Davis, EVP, Chief Risk Officer, WSFS Bank; and, Katie Wilkinson, SVP Commercial and Middle Market Banking – Portfolio Management Leader, Fulton Bank. Directors: Isabel Araújo, Sr. Manager, Trust Services Consulting, Charles Schwab Trust Company of Delaware; Yanina Sgroppo Emerick, Chief Compliance Officer, County Bank; Jennifer Golek, Head of Bank Operations, Managing Vice President, Capital One; Lisa Kirkwood, Senior Vice President, RVP of Delaware and Maryland; William LaFond, Wealth Area Executive and Head of Family Wealth, Wilmington Trust; Elizabeth Luk, Head of Delaware Trust, BNY Mellon Wealth Management; Don Mell, Executive Director, Site Lead Delaware Market, JPMorgan Chase; Greg Miraglia, SVP, Delaware Market Executive and Wealth Director, PNC Private Bank; Mark Oller, Delaware Trust Executive, US Trust Company of Delaware; Joel Schiller, SVP CRO: Compliance & CRA Officer, Artisans' Bank; Baron Schlacter, Comenity Bank President, Bread Financial.

Thank you to our sponsors for their generous support: Belfint Lyons Shuman; Delaware Community Foundation; The Federal Home Loan Bank of Pittsburgh; Fulton Bank; McCollom D'Emilio Smith Uebler; Pinion; Potter Anderson Corroon; Richards Layton Finger; Santora CPA Group; Troutman Pepper Locke; Visa U.S.A., Inc.; Weiner Benefits Group; Wilmington Trust, and, Young Conaway!

And Bank Table Sponsors: Bank of America; Barclays; Capital One; Comenity Bank; Commonwealth Trust Company; County Bank; Discover Bank; First Citizens Community Bank; JPMorgan Chase, M&T Bank; PNC Bank; Sallie Mae; US Trust Company of Delaware; Wilmington Trust; and, WSFS Bank!

Jurdy Wishes Sarah Long a Happy Retirement!

Jurdy and his best friend, Jenifer Jurden make a surprise visit to the 130th DBA Annual Dinner to honor DBA President, Sarah Long, with a special Jurdy Cartoon (below).

Don't Miss These Upcoming OnCourse Learning Webinars!

The AI Revolution in Banking: Risks and Rewards - May 20th

If you think your institution is not utilizing artificial intelligence (AI), you’re very likely to be mistaken. AI-based technology has infiltrated the banking industry for years now. Every BSA transaction-monitoring software utilizes AI in some form, as do many credit underwriting systems. Are you aware of the extent of your institution’s use of these technologies? Have you identified the risks?

Audience: This interactive session is ideal for anyone in the institution involved in the marketing, management, and servicing of retail products. As these technologies are pervasive throughout the product lifecycle, most anyone, board members included, will benefit from this information.

Reg CC Changes Approaching July 1! Are You Ready? - May 20th

If you missed last year’s program about updating your numbers, policies and procedures for Reg CC’s new numbers, you will not want to miss this program about upcoming changes. This includes a new Reg CC Handbook to train your staff and all updated numbers and examples. This regulation is still one of the hardest to comply with and continues to baffle and confuse many. During this program, we will review the components of the regulation and get you ready for July 1 deadline.

Audience: Compliance Officers, Deposit Operations, Teller Managers, Head Tellers, Training and Management will all benefit from this session.

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

Virtual Event! ABA Women Lead Symposium - July 17th!

Don't miss the Women Lead Symposium, July 17, a convenient virtual program

designed to help emerging leaders and seasoned professionals become successful leaders.

This joint effort between the American Bankers Association, the Delaware Bankers Association, and other state bankers associations will help you gain critical leadership skills that will support your bank’s growth goals and advance your career. You’ll learn leading practices and actionable insights to navigate key positions at your bank and foster workforce excellence. You’ll walk away with leadership resources and a strong professional network!

See the full agenda and registration information via the link below!

Delaware Community Foundation "Meet the Moment" Grants

Delaware nonprofits can apply for grants of up to $20,000 to adapt to shifting funding landscapes and build long-term resilience. With up to $425,000 available in this round, Meet the Moment grants are designed to help nonprofits identify uncertainties in the current environment that will affect their mission, and explore and implement opportunities to adapt. The grants may support a variety of needs including scenario planning, financial forecasting, exploring new revenue models, legal support for mergers, advocacy, storytelling and more. Deadline: May 30th.

Volunteers Needed: 2025 Making Strides Delaware!

Volunteer opportunities are now open for the 2025 Delaware Making Strides Against Breast Cancer, October 26th, 8:30 a.m. to Noon, Bellevue State Park. Walkers, Sponsors, and Volunteers are needed. The American Cancer Society's Making Strides Against Breast Cancer is the largest network of breast cancer events in the nation, raising money to help the American Cancer Society fund groundbreaking breast cancer research and

provide patient services like free rides to treatment, free places to stay when treatment is far from home, a live 24/7 helpline, and more.

Webinar: What is Happening at Federal Agencies That is Relevant to the Residential Mortgage and Settlement Service Industries? - June 11th - Noon to 1:30 p.m.

During this webinar, we will address what you need to know about developments at the CFPB and other federal agencies, the White House (through the issuance of Executive Orders) and Congress of relevance to the residential mortgage and settlement service industries. Some of the issues we will discuss:

·  What is the status of proposed or final regulations of the Agencies (e.g., 1071 small business loan data collection and reporting rule, non-bank enforcement order registry rule, PACE rule and proposed mortgage servicing rules amendments)?

·  What are the changes regarding the eligibility of non-permanent residents for mortgage loans?

·   What will be the effect of the rescission of the October 2023 Community Reinvestment Act rule?