DBA Digest for September 9, 2022

Last Call! Mid-Atlantic Bank Executives Forum:

September 11-13 - Lansdowne Resort

Join bank executives from five states along with a select group of industry partners for networking and sessions with nationally recognized speakers geared specifically for bank CEOs and other senior leaders.


Agenda & Registration

FDIC Directors' College -

September 23rd, Hyatt Place, Dewey, DE

There's still time to register for the 2022 FDIC Director's College, September 23, 8:30 a.m. to 1:30 p.m at the Hyatt Place Dewey. The FDIC Directors’ 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: Asset-Liability Committee (ALCO) Oversight, AML/CFT Risk Assessing, Third-Party and Risk Management, a conversation with regulators, and an Economic and Banking update. Registration is $299.00/per person, with a discount of 15% for ten or more registrants. To take advantage of this group rate or to register multiple attendees, please reach out to Renee Rau at [email protected]

Register

2022 Delaware Trust Conference - In-Person, Live Stream, and On-Demand!

Don’t miss the 2022 Delaware Trust Conference!  This year’s conference, the 17th annual, will be live at The Chase Center on the Riverfront, AND live-streaming, on October 18 & 19, AND on-demand through November!  The agenda is filled with a stellar lineup of speakers. 18 CLE credits are available, including 2.0 ethics credits. Follow the link below to view the agenda and register.


Sponsorships and Exhibiton Space still available!

 

DE Trust Conference Webpage

Artisans' Bank Celebrates Opening of Rehoboth Branch and Business Center

Artisans' new Rehoboth Branch has been open since July, but now they are ready to celebrate the new state-of-the-art banking center with an afternoon of fun and games, Friday, September 16, from 3 to 5 p.m. WCHK Radio will be on-site doing a live remote broadcast, and Rita’s Water Ice will be in the parking lot giving out free servings.


Shore United Bank Celebrates Karen Stanavich's 25 Years of Service

Shore United Bank is happy to congratulate Karen Stanavich on 25 years of service. Karen began her career with the bank in September of 1997 at the Route 213 Branch in Centreville, MD after having 10 years of previous banking experience. Karen began as a Customer Service Representative and now holds the title of Senior Loan Origination Specialist.  


“I enjoy what I do. I like facing the daily challenges and working with a great team every day,” explains Karen on why she enjoys her job at the Bank. 


“Karen’s broad knowledge of the various loans that Shore United Bank offers is a value to the team and Bank. Her years of experience and great customer service are an asset to the Bank,” says Jamie Dulin, Senior Loan Operations Officer at Shore United Bank. 

Visit our Website

 

OCC to Host Virtual Innovation Office Hours


The Office of the Comptroller of the Currency (OCC) announced that it will host virtual Innovation Office Hours on September 28–29, 2022, to promote responsible innovation in the federal banking system.


Office Hours are one-on-one meetings with representatives from the OCC Office of Innovation to discuss financial technology (fintech), new products or services, partnering with a bank or fintech company, or other matters related to responsible innovation in financial services. Each meeting lasts no longer than one hour. Interested parties should request a virtual Office Hours session by August 26, 2022, and are asked to provide information on the topic(s) they are interested in discussing with the Office of Innovation. The OCC will determine specific meeting times and arrangements after it receives and accepts the requests.

Register

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 Three Promotions

Santora CPA Group, a Newark-based Certified Public Accounting and Consulting firm, is pleased to announce that:

 

Meghann M. Felice, CPA has been promoted to Audit Manager. She rejoined the firm in January 2016 after having been with the firm from June 2002 to September 2004. Meghann is a 2000 graduate of the University of Delaware with a Bachelor of Science Degree in Accounting. She is a member of the American Institute and Delaware Society of Certified Public Accountants.

 

Mark R. Kennedy, CPA has been promoted to Tax Manager. He joined the firm in October 2014.  Mark is a 2011 graduate of Widener University with a Bachelor of Science Degree in Accounting. He is a member of the American Institute and Delaware Society of Certified Public Accountants.

 

Keith A. Delaney, CPA, CMA, MBA, CVA has been promoted to Senior Manager. He joined the firm in January 2015. Keith is a 2011 graduate of the University of Delaware with Bachelor of Science Degrees in Accounting and Finance. He is a member of the American Institute and Delaware Society of Certified Public Accountants, the Institute of Management Accountants, and the National Association of Certified Valuators and Analysts.


Full Story

Troutman Pepper Insights: CCPA/CPRA Will Apply to Employee AND B2B Data — Five Steps to Prepare for the January 1, 2023 Effective Date


On August 31, California’s legislature ended its 2022 session without adopting legislation to extend the California Consumer Privacy Act (CCPA) employee and business-to-business (B2B) personal information exemptions. In the absence of a special legislative session, these exemptions will expire on January 1, 2023.


Under the current exemptions, covered businesses do not have to comply with certain requirements (e.g., consumer rights, such as access and deletion) when processing personal information collected in the employment or B2B context. First adopted in October 2019 after California’s Governor Gavin Newsom (D) signed AB 25 into law, these exemptions originally were set to expire on January 1, 2021. On September 29, 2020, AB 1281 was signed into law, providing a one-year extension applicable only in the event that the California Privacy Rights Act (CPRA) ballot initiative failed. When the CPRA was adopted during the 2020 elections, the exemption was extended one final time to January 1, 2023.

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