DBA Digest for May 6, 2022

Last Call!

2022 DBA Annual Meeting and Dinner -

May 12th - DuPont Country Club!

Register Today!

There's still time to register for the Delaware Bankers Association's 127th Annual Dinner, May 12th, at the DuPont Country Club, 1001 Rockland Road, Wilmington.

Hear keynote speaker Mark Lally, the CEO of First State Compassion. After a 20-year career in law enforcement, Mark trailblazed Delaware’s medical cannabis industry, creating industry-leading procedures and policies while focusing on delivering the best products and services to thousands of patients every month.

Women Connect Retreat - May 26th!
Kickoff the Memorial Day weekend at the Hyatt Place in Dewey Beach and enjoy a refreshing mind and body morning, inspirational keynote, sit down lunch, and early happy hour! The Women Connect Network serves as a catalyst to engage, empower and connect women in the Financial Services Industry.

Sponsorships are available! Join these prestigious sponsors: Wilmington Trust; M&T Bank; Bank of America; The Bryn Mawr Trust Company of Delaware; Delaware Community Foundation; Pinion; County Bank; U.S. Trust Company of Delaware; and, Wilmington University! Email Corinne Stayton for sponsorship information.
Information and Registration
Business Writing Workshop - On-Line - May 25th
Corporate communicators value this highly interactive workshop designed to resolve two of the biggest written communication challenges: writing more effective documents while following a more efficient process. Practical, lively exercises help increase skills in Paragraph Performance from introductions to conclusions, Sentence Sense, Word Wisdom, and Format Force. A review of practical grammar and punctuation rules is included. Documents and messages will look, sound, and feel more professional!

Workshop Objectives: 
• Identify varied audiences and purposes for writing;
• Polish rough edges of writing style in paragraphs, sentences, words, and format;
• Write more effective documents while following a more efficient writing process; and
• Apply course concepts to actual writing samples.

Cost: $199/per person ($249/non-members)

New Ask the Regulators-CRA Update: Overview of the Interagency CRA Notice of Proposed Rulemaking - Wednesday, May 11, 3p.m.

The Federal Reserve Board, Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation jointly released a Notice of Proposed Rulemaking that would reform the Community Reinvestment Act (CRA) regulations. https://occ.gov/news-issuances/bulletins/2022/bulletin-2022-14.html

The CRA seeks to address inequities in access to credit for low- and moderate-income, as well as underserved and rural communities. The agencies seek public feedback on the joint proposal and comments are due on or before August 5, 2022.

On Wednesday, May 11, 2022, at 3:00 ET, the agencies will jointly host a special Ask the Regulators/Connecting Communities webinar for all CRA stakeholders that will provide an overview of the proposal and its objectives. Topics will include assessment areas, qualified activities, evaluation approach, ratings, and data collection and reporting. The session will be presented jointly by CRA policy experts from the Board, OCC, and FDIC.

Please register for this webinar at the link below.


Federal Reserve Bank of Philadelphia Webinar -  Advancing Homeownership Opportunity to Narrow Racial Disparities - May 17

Sign up for Federal Programs to Advance Homeownership Opportunity to Narrow Racial Disparities. During this virtual event, you will learn about the latest federal programs and plans to advance racial equity in the housing sector. Hear from leading housing policy experts about new and emerging strategies for reducing disparities in housing access and ways that stakeholders can leverage federal programs locally. This event is co-hosted by the Federal Reserve Bank of Philadelphia, the Urban Institute, and the Penn Institute for Urban Research.

Tuesday, May 17, from 12:00 noon to 1:30 p.m.


Potter Anderson - Labor & Employment Law Seminar & Networking Breakfast - May 18

Over the last two years, Covid-19 has gone from being a public health emergency that has impacted virtually every facet of our lives to a fact of life. As we adjust to the “new normal,” now is a good time for employers to take a fresh look at their workplaces through a refocused lens.

Please join Potter Anderson attorneys, Jennifer Brady, Kathleen McDonough, Jen Buckley, and Clarissa Chenoweth-Shook for an in-depth review of some of the most significant labor and employment law developments impacting employers today. Wednesday, May 18, 2022, DuPont Country Club.  Registration and Networking Breakfast - 7:30 a.m.; Seminar 8 a.m. to 10:30 a.m.


Financial Institutions - Are You Ready? An Overview of Breach Threats, Notification Requirements, and Litigation Risks-Webinar, May 19, 3 p.m.

Financial institutions of all sizes need to be mindful of and ready for the breach related threats that they face. Additionally, constantly evolving legal requirements and obligations to notify regulators and customers of security incidents, including a new notification requirement went into effect for banks on May 1, 2022, pose compliance challenges. Litigation and enforcement actions following cybersecurity incidents are on the rise and can provide insights as well as cautionary tales for financial institutions. Join us for our webinar where we will discuss ways to make sure your organization is ready.

Full Story

Ballard Spahr Webinar - CFPB Director Rohit Chopra: Do His Words Speak Louder Than His Actions?

May 11th - 12 noon

Director Chopra has been in office for about six months and has given many speeches, issued several RFIs, and otherwise has shared his views on a wide variety of consumer finance issues. However, much to the surprise of those in the financial services industry, the Consumer Financial Protection Bureau (CFPB) has only filed a handful of enforcement actions and consent orders, and done very little of a public nature on the regulatory front except for activity related to section 1071 of Dodd-Frank (small business loan).

In this webcast, we will first explore the public enforcement and regulatory actions during Director Chopra’s first six months in office. We will then discuss his public speeches, RFIs, and other activity during this time period. Throughout the webinar, we will provide our views on how companies should respond to Director Chopra’s “words.” We will also share our views about topics, like arbitration, that have not been given any public attention (neither words nor deeds) by Director Chopra.

We want to hear from you! Please send your news items to
Greg Koseluk at greg.koseluk@debankers.com