DBA Digest for May 31, 2024

Support House Bill 203 for Comprehensive Financial Education in Delaware!

House Bill 203, championed by Rep. Jeff Hilovsky, R-Millsboro, is a vital step towards bridging the financial education gap in Delaware. This legislation mandates that high school students, starting with those entering 9th Grade in the 2025-2026 academic year, complete a half-credit course in financial literacy for graduation.

Financial illiteracy can lead to unemployment, stress, and economic hardship. By ensuring every Delaware student has equal and guaranteed access to a personal finance course in high school, we can empower them to make informed financial decisions and secure their futures. Visit the link below for more information on the Bill and how you can support it.

Upcoming OnCourse Learning Webinars!

Consumer Lending; FedNow Essentials!

New Program! Consumer Lending Program - June 3rd and June 17th

This program consists of ten online self-paced courses and two webinars. The webinars will cover real lending scenarios, and participants will enter virtual breakout rooms for interactive small-group discussions. Live attendance is a must to get the most out of this engaging training opportunity. Breakout rooms will not be recorded. 

This unique new training program gives your consumer lending-focused employees the tools they need to verify key client information, understand consumer regulations, underwrite the loan, and follow up to minimize fraud. The program emphasizes the competencies needed to review and analyze consumer lending requests. Space is limited to 30 participants for a high-value learning experience, so register today!

Audience: Consumer lending & underwriting staff, branch managers, assistant branch managers, operations staff, and personal/universal bankers would all benefit from this training.  

FedNow® Settlement, Liquidity, and Reconciliation Essentials - June 4th

The advent of FedNow® is set to redefine the payment landscape with instantaneous settlements and unparalleled liquidity management capabilities. But with these advancements comes the critical responsibility for financial institutions to adeptly manage their liquidity at the Fed level within master accounts. This webinar endeavors to shed light on the intricacies of settlement, liquidity, and reconciliation under the FedNow® service. We will deep-dive into available options and operational best practices to empower your institution in offering enhanced services to account holders. Join the Payments Professor to learn everything from how liquidity management works to how to make it work for you.

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

ABA Women Lead Symposium - July 17

At the Women Lead Symposium, you’ll acquire critical leadership skills that will advance your career and support women aspiring to lead in the banking industry. This half-day, virtual program is designed to help women and allies become inclusive, successful leaders. You’ll learn leading practices and actionable insights to engender a diverse working environment that improves your bank’s bottom line. You’ll also walk away with resources and a strong professional network that support women in banking.

Regulatory Oversight Podcast: Decoding Privacy Laws: Insights for Small to Mid-Sized Businesses

In the latest episode of Regulatory Oversight, Troutman Pepper attorneys Gene Fishel and Joel Lutz welcome guests Aurelia Lewis and Beth Saunders of Lewis Media Partners to discuss evolving privacy laws and their impact on small to mid-sized businesses. Aurelia, as founder and president, and Beth, as vice-president, highlight their wealth of knowledge and experience guiding companies through effective advertising including media channel planning and buying.

Cinnaire Announces Key Leadership Promotions

Cinnaire announced the promotion of several team members to key new leadership positions in alignment with the organization’s long term strategic plan. These new executive level positions will support Cinnaire’s goal to advance economic equity in the markets it serves. Jennifer Everhart Named Chief Impact Officer; Donsia Strong Hill Named Executive Vice President of Equitable Engagement & Impact Strategies; and Ryan Robinson, President, Cinnaire Syndication.

World Trade Center Delaware Event - June 13 - The Ins and Outs of EXIM's International Banking Services for Regional and Community Banks

What you will learn:

• How EXIM tools can help your small business customers
• How EXIM’s tools can expand services that you can provide to your customers
• EXIM loans that help your customers to increase export capacity
• EXIM programs to help your customers get paid
• Who to Contact at EXIM for Small Business Services
• EXIM Programs for Minority, Women, Veteran-Owned Businesses

Who should attend: Loan officers and other employees from ...

• Non-traditional lenders such as CDFIs and Revolving Loan Funds
• Savings & Loans 
• Credit Unions
• Community banks 
• Regional banks 
• Small Business Owners and Financial Officers
• Anyone who wants an update about EXIM’s programs

Thursday, June 13, 8 a.m. - Noon - University & Whist Club, 805 N. Broom Street, Wilmington.