DBA Digest for September 17 , 2021
Delaware Bankers Association Unveils BankTalentHQ – Talent Gathers Here!
Post Your Bank’s Jobs for 50% thru Sept. 30th
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.
 
For a limited time, DBA Members and Associate Members receive discounted postings. 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 September 30, 2021. To get started, please click on the link below...
DE Society of Certified Public Accountants - Professional Networking Reception - IN PERSON! September 23rd - 5 p.m. to 7 p.m.
The Delaware Society of Certified Public Accountants is so pleased to be able to hold an IN PERSON event again! Network with CPAs, Bankers, Attorneys and other Finance Professionals over drinks, Thursday, September 23, 2021, 5:00pm – 7:00pm, at Wilmington Brew Works (3129 Miller Road, Wilmington, DE 19802) in the private Alamo Room and Patio. Don't miss this casual after-work event. Properly worn masks are encouraged. See the link below for more information and to register.
Last Call for 2021 FDIC Director's College
Be there, next Friday, September 24, for the 2021 FDIC Director's College live on the Zoom Webinar Platform, 8:30 a.m. to 12:30 p.m. The FDIC Director's College provides ongoing education on current topics of bank supervision to bank directors, senior officers, corporate secretaries, and board advisors. The course is designed to help directors and trustees, both new and experienced, stay abreast of the ever-changing regulatory environment.

This year's agenda includes: Risk Identification and Assessment; Effectively Identifying and Monitoring Cybersecurity Risks; Conversations with Regulators; Economic Update; and, Guidance for New Directors. Follow the link below to register. Registration is $299.00/per person. We would like to extend a discount of 15% for ten or more registrants and a 10% discount for 5-9 registrants. To take advantage of this group rate, please reach out to Corinne Stayton [email protected] .
FTC Webinar: Fighting Consumer Fraud and Identity Theft in Delaware - September 30th
You're invited to a free, one-hour webinar: Fighting Consumer Fraud and Identity Theft in Delaware on September 30 at 2:00 PM ET. Speakers will include staff from the Federal Trade Commission, Consumer Protection Unit at the Delaware Department of Justice, Legal Services Corporation of Delaware, Inc., and Better Business Bureau Serving Delaware. 

Agenda Items Include:
  • Delaware Fraud and Identity Theft Reports
  • The Latest Scams and How to Avoid Them
  • Identity Theft, Credit Freezes, and Data Breaches
  • Free Resources to Help Your Community

To Join the Webinar on September 30 @ 2:00 PM ET
  • Webinar URL: https://ftc.zoomgov.com/j/1601787062
  • Webinar ID: 160 178 7062
  • Passcode: U@df*5
  • By phone: (for higher quality, dial a number based on your current location): +1 669 254 5252 or +1 646 828 7666 or +1 551 285 1373 or +1 669 216 1590 or 833 568 8864 (Toll Free)
  • Phone passcode: 465231
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.
New Seminar: Emotional Intelligence
October 5th - 9 a.m. to 12 p.m.
Interest in Emotional Intelligence (EQ) is growing. How many people have you met who seem to be brilliant IQ-wise but maybe don’t have EQ people skills to reach their full potential? This unique EQ-i version contains 15 emotional skills—including Decision Making and Stress Management—that can help or hinder success in the business world. EQ-i blends training and coaching strategies to help you and your colleagues analyze how often they use the skills, determine their impact on others, and balance their usage for increased professional and personal well-being. This program includes the option to provide each participant with a scientifically-validated assessment accompanied by a comprehensive, confidential report on all 15 skills, a truly customized EQ-i approach.

Join Linda Comerford, Comerford Consulting for this rewarding on-line course via Zoom, October 5th: 9:00 a.m. to 12:00 p.m.  Just $99 per person!
2021 Delaware Trust Conference October 19 & 20!
In Person - Live Streaming - On-Demand!
Wealth Management Professionals get ready for the most convenient conference experience! 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!
First Citizens Community Bank Supports Neighbors Near and Far Affected by Hurricane Ida
For nearly 150 years, First Citizens Community Bank (FCCB) has focused on building better communities, and when tragedy strikes, the FCCB Team comes together to volunteer time and funds to rebuild. So, when the powerful Hurricane Ida made landfall in Louisiana and caused major flooding throughout Pennsylvania, their desire to aid the relief work did not come as a surprise.

To start, FCCB is accepting donations through October 4th and will match all funds up to $10,000. A portion of these funds will be donated to 3 areas in their markets that were impacted by Hurricane Ida. These include:
  • The Garage, located in Kennett Square and West Grove, PA, is raising funds to support residents of the Avondale Apartments who were displaced due to severe flooding.
  • REACH Riverside in Wilmington, DE, who are collecting donations for the large percentage of the Riverside Community whose homes and personal possessions have been destroyed by flooding.
  • The Hillside SPCA in Schuylkill County, PA, was badly damaged when a large tree fell on the building.

All remaining funds raised and matched by the Bank will be donated to the American Red Cross Hurricane Ida fund. Donations can be made at any of the Bank’s 30 offices between September 13, 2021, and October 4, 2021. For location details, hours, and directions please visit their website at MyFCCB.com. If preferred, donations can be made payable to the FCCB Disaster Relief Fund, c/o FCCB, South Main Street, Mansfield, PA 16933.
Northern Trust Trends & Strategies: Ways & Means - Planning for Potential Tax Changes
This week, the house ways and means committee unveiled its proposed tax plan to fund the $3.5 trillion “Build Back Better” reconciliation spending program.

While many of the proposed tax changes have been long-anticipated and thoroughly discussed, the plan did contain a number of surprises, including a significant reduction of the gift and estate tax exemption and meaningful changes to the tax treatment of grantor trusts and retirement accounts.

The political path forward for these specific changes remains uncertain but, by and large, the proposed legislation indicates a spirit of moderation relative to the scale of many previously discussed changes. That said, for those who are likely to be impacted by these potential changes, the window to plan in advance of the laws potentially taking effect is closing, and the time to act is now.
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!

New! Ask the Fed® Series- A Conversation on Service Provider Partnerships
Please join us for a special series titled “A Conversation on Service Provider Partnerships.”

A Conversation on Service Provider Partnerships - Session One will be held Monday, September 27, at 3:00 p.m. ET. - This 90 minute session will feature opening remarks from Federal Reserve Governor Michelle Bowman followed by a panel of community bankers who will discuss their perspectives on strategic innovation, pathways to effective partnerships with third parties, key risks, and regulatory considerations for such partnerships.

A Conversation on Service Provider Partnerships - Session Two will be held Tuesday, October 5, at 2:30 p.m. ET. - This 90 minute session will feature opening remarks by Atlanta Fed First Vice President and Chief Operating Officer Andre Anderson followed by a panel of technology and fintech service providers. The panel will discuss how they partner with community banks to foster innovation and how service providers support community banks in their drive to innovate, grow, improve efficiencies and better meet community needs.

Registration is open now at www.askthefed.org.
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.
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.
Doneene Damon Chosen for Savoy Magazine’s Most Influential Black Lawyers
Doneene K. Damon, president of Richards, Layton & Finger, has been honored as one of Savoy Magazine’s 2021 “Most Influential Black Lawyers.” Identifying lawyers who are exemplary leaders and advocates, Savoy’s annual list features African-American partners from top law firms and general counsel from Fortune 1000 companies who have demonstrated exceptional achievement, expertise, and community outreach. Doneene was also named to the Most Influential Black Lawyers list in 2018.

Doneene’s leadership within Richards Layton, the legal profession, and the community at large sets the standard for community involvement and professional excellence. In addition to serving as Richards Layton’s president, she is co-chair of the firm’s Business Department and chair of the Corporate Trust and Agency Services Group. Doneene focuses her legal practice on the use of Delaware and New York trusts in a wide range of commercial transactions, and represents banks and trust companies in connection with their trust and agency services under Delaware and New York law.
Troutman Pepper Insights: CFPB Sets June 2022 Compliance Date for Payday Rule
Nearly four years after the Consumer Financial Protection Bureau (CFPB) issued its final November 2017 “Payday, Vehicle Title, and Certain High-Cost Installment Loans” Rule (Payday Rule), we at long last have a compliance date — June 2022.

The Payday Rule, as initially finalized, had two primary components. First, for most short- and long-term loans with balloon payments, the Payday Rule made it an unfair and abusive practice for a lender to make such loans without performing an ability-to-repay analysis (Mandatory Underwriting Provisions). Second, for the same set of loans and for longer-term loans with APRs that exceed 36% and repaid directly from the consumer’s account, the Payday Rule made it an unfair and abusive practice for a lender to attempt to withdraw funds from the account after two consecutive unsuccessful attempts without new and specific consumer authorization (Payments Provisions). These attempts also could include debit card payments, even though debit card payments do not carry the possibility of NSF fees.
Turning Brownfields Green: Brownfields Grant Training for Delaware - September 23 - 10 a.m. - 11:30 a.m.
Join the Delaware Department of Natural Resources and Environmental Control, the EPA and the West Virginia Brownfields Assistance Center to learn more about brownfields, state resources and EPA brownfield grants and technical assistance. Our discussion will include the basics of brownfield properties, programs at DNREC, the Technical Assistance to Brownfields (TAB) Communities program and EPA brownfield grants for assessment and cleanup. Register via the link below.
Ballard Spahr Webinar:
Enforcement Action Developments and Trends at the “New” CFPB - Sept. 27th
Although the Senate has not yet confirmed Rohit Chopra as the new Director of the Consumer Financial Protection Bureau (CFPB), Acting Director Uejio has not wasted any time in revitalizing enforcement initiatives. During a relatively short period of time, the CFPB enforcement activity seems to have made a 180 degree turn away from the laissez-faire Trump/Kraninger era and now looks a lot like what was experienced during the Obama/Cordray era. During this webcast, we will take a very close look at this metamorphosis, describe the changes that have already taken place, and the products and practices that are currently being scrutinized.

Attend this Ballard Spahr Webinar, Monday, September 27, 2021, 12:00 - 1:00 PM ET
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 [email protected]
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