DBA Digest for October 8 , 2021
2021 Delaware Trust Conference October 19 & 20!
In Person - Live Streaming - On-Demand!
Wealth Management Professionals the biggest, most convenient conference experience is only ten days away! You can attend the 2021 Delaware Trust Conference in person at the Chase Center on the Riverfront, or via live stream on your computer, tablet, or phone. And all sessions will also be available for on-demand viewing after the conference! Earn up to 18.0 CLE Credits, Including 2.0 Ethics Credits! All the sessions feature the stellar line-up of the nation’s top trust, legal, and wealth management experts for which the Delaware Trust Conference is known. The All-Access Pass is only $995 for DBA Members!

Follow the link below for agenda and registration information!

Introductory Discount Extended!
Post Your Bank’s Jobs for 50% thru Oct. 31st!
Delaware Bankers Association Unveils BankTalentHQ – Talent Gathers Here!
BankTalentHQ is designed as a talent management resource for the financial industry and is brought to you by the Delaware Bankers Association, in partnership with other state banking associations across the country. BankTalentHQ is the premier talent management site for financial industry careers.
The introductory posting discount for DBA Members and Associate Members has been extended to October 31, 2021. Use coupon code LAUNCHDE at checkout to receive 50% off a 30-day job posting. This code can be used an unlimited number of times until October 31, 2021. To get started, please click on the link below...
New ‘Tech Impact Opportunity Center supported by Barclays’ Unveiled on Wilmington Riverfront
Denny Nealon, CEO, Barclays US Consumer Bank (l), presents a $1.25 million check to Patrick Callihan, Executive Director, Tech Impact. Funds from the grant were used to renovate the historic former B&O Station to create the new Tech Impact Opportunity Center supported by Barclays.
Tech Impact, a 501(c)(3) that empowers communities and nonprofits to use technology to better serve our world, today unveiled its new workforce training hub, located in the former B&O Station, a historic building in downtown Wilmington, Delaware. The nonprofit purchased the 3,400-square-foot property with support from a $1.25 million grant from Barclays US Consumer Bank. Situated along the Riverfront, the new ‘Tech Impact Opportunity Center supported by Barclays’ will serve as a permanent training facility for Tech Impact’s ITWorks program and act as an administrative office for the training staff.

“We are thrilled to announce a new permanent home for ITWorks, a program that has helped more than 700 people to kickstart their careers in IT here in Wilmington and beyond for over a decade,” said Patrick Callihan, Executive Director of Tech Impact. “The Tech Impact Opportunity Center is an ideal location for the new hub with the train station, bus routes and the Riverfront all within walking distance. This offers our staff and students convenient parking, restaurants, and outdoor experiences. We appreciate the support from our longtime partner, Barclays, in making this a reality.”
Bank of America’s Neighborhood Builders Featured on "Good Morning Wilmington"
(l to r) Maria Matos, President and CEO of the Latin American Community Center; Van Hampton, Executive Director of True Access Capital; Chip Rossi, President of Bank of America Delaware; Ivan C. Thomas, Executive Director of DETV Foundation, Inc.
Last week on Good Morning Wilmington, Chip Rossi, President of Bank of America Delaware shared with Maria Matos of the Latin American Community Center and Van Hampton of True Access Capital that their respective organizations were named as the 2021 Bank of America Neighborhood Builders awardees in Delaware.
Neighborhood Builders is Bank of America’s signature philanthropic program that advances economic mobility and nonprofit leadership. It creates more sustainable communities by providing nonprofits with tools to develop stronger strategic plans, chart a succession plan and enhance funding opportunities.
Each nonprofit receives $200,000 in flexible funding, a year of leadership training for the executive director, a year of leadership training for an emerging leader at the organization and a network of peer organizations across the U.S.

Taking the "Grrr" Out of Grammar: October 27th
Surveys show that 80% of those in the business world tend to say, “Grr!” a lot when editing a document. Participants will enjoy working with practical grammar and punctuation rules that help them do so more quickly and easily. Some topics for avoiding grammar glitches include subject-verb agreement, verb tense, misplaced as well as dangling modifiers, parallel structure, sentence structure, and pronoun case. Also included are the latest rules to help participants eliminate punctuation pitfalls while mastering commas, semicolons, and colons. Then, others won’t be likely to say, “Grr!” about the written or edited documents they receive.

Join Linda Comerford, Comerford Consulting for this valuable on-line course via Zoom, October 27th: 9:00 a.m. to 12:00 p.m.  Just $99 per person!

Mid-Atlantic CEO Forum - November 7-9
The Mid-Atlantic CEO Forum, an Event for Bank CEOs and Senior Leadership, will bring together bankers and industry partners for sessions with nationally recognized speakers providing relevant and timely content geared specifically to bank CEOs and other senior leaders. The Forum will be held November 7th through 9th at the Renaissance Baltimore Harborplace Hotel. Follow the link below for full agenda and registration information.
DBA partners with the Federal Reserve on the 2021 Small Business Credit Survey for Delaware small businesses with less than 500 employees
Completing the survey increases policymakers’ understanding of small business conditions at both the national and state levels. It is important for policymakers to understand what small business conditions are like in Delaware to make decisions and legislation related to the small business sector.

The survey closes on November 19, 2021. Take the 10-minute survey at the link below.
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.
Santora CPA Group Announces a Promotion  

Santora CPA Group, a Newark-based Certified Public Accounting and Consulting firm, is pleased to announce that Tara Bolinski has been promoted to Senior Trust Administrator. She joined the firm’s Trust Services Team in January 2019. Tara is a graduate of York College of Pennsylvania with a degree in Criminal Justice.
Troutman Pepper Insight: Delaware Supreme Court Adopts New Three-Part Test for Demand Futility

There is a new demand futility test in Delaware, adopted on September 23 by the Delaware Supreme Court in affirming dismissal of a stockholder derivative action against Facebook, Inc. (Facebook) founder, Mark Zuckerberg, and other members of Facebook’s board of directors. The Supreme Court established a three-pronged “universal” analysis innovated by the Court of Chancery, which blends the longstanding Aronson and Rales tests and eliminates the choice between them. However, the Court made clear that Aronson, Rales, and their progeny remain “good law” in applying the new test.
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