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December 11, 2020
Compliance 2020!
Now Available Virtually and On-Demand!
Sign Up Today!
Compliance professionals did you miss Compliance 2020? No, you didn't! You can still master the levels of regulation and get the updates you need to face today's regulatory challenges. Attend Compliance 2020 virtually and on-demand, at your convenience! All sessions are available for full credit through December 31st!
The agenda is filled with the most up-to-date regulatory information on Lending, Deposits, BSA/AML, and more! Get the same amount of content with greater convenience and at a lower price! Save 39% off the 2019 price. Now only $999 ($1499 for non-DBA-members). Presenting Sponsor: Troutman Pepper
Follow the link below for agenda and registration information!
ABA Salutes ’40 Under 40’ in Wealth Management - Including DBA Members Alexander Lyden-Horn, Perry Sutton, and Marguerite Weese
The American Bankers Association has announced the recipients of its inaugural 40 Under 40 in Wealth Management Award. This new program recognizes wealth management and fiduciary professionals who are committed to the highest standards of achievement at work and in their communities. This year’s winners were chosen from a competitive pool of applicants and will be honored during a special session at the 2021 Wealth Management and Trust Conference, a virtual event to be held Feb. 24-25. Three DBA members were among the honorees: Alexander Lyden-Horn, Senior Vice President, Trust Counsel and Director of Personal Trust for WSFS Bank and President of Christiana Trust Company of Delaware; Perry M. Sutton, AIF®, CRC® , Vice President and financial advisor in the WSFS Wealth Investments Group at WSFS Bank; and, Marguerite Weese, National Director-Family Legacy Strategies in Wilmington Trust’s Emerald Advisory Services Group.
DECEMBER 11th!
Final Mid-Atlantic Speakers Series for 2020!
Performance and Profitability - Bob Kafafian
Don't miss the next session in the Mid-Atlantic Speakers Series, December 11th, at 9:00 a.m. Bob Kafafian & Gregg Wagner of The Kafafian Group will present: "Are your Management Reports Just an Illusion?"
The DBA has partnered with the bankers associations in Maryland, Pennsylvania, Virginia and West Virginia to bring nationally recognized speakers to you each month. The series will take place once a month through December. One registration includes all six sessions!
See the link below for more information on other sessions and registration!
DEBCC is changing the economic footprint for small businesses in the First State and beyond. The DEBCC works to ensure that minority and other disadvantaged entrepreneurs are not left behind due to a lack of support to help them achieve success. DEBCC serves as a vital hub for connecting minority business owners and entrepreneurs with the resources needed to assist them in growing their enterprise and creating new economic opportunities and job growth throughout the First State. The DEBCC is an inclusive Chamber, dedicated to economic advancement and equality for all. Please join the DEBCC virtually on December 17th from 6pm-8pm, for a special event “The Birth of our Economic Agenda” featuring keynote speaker Congresswoman Lisa Blunt Rochester.
Shore United is honored to help kick off the Salvation Army’s Red Kettle Campaign to the Eastern Shore. According to Lt. Wendy Parsons of the Cambridge branch, the call for help has tripled this year. With fewer kettles out in front of stores due to the pandemic, the Salvation Army is hoping for corporate donations like the one from Shore United. “During this season of joy, we understand the increased demands with more people who become unemployed and have limited resources, the demand for food assistance will reach critical levels. As a local community bank, we understand the importance of responding to the needs of our community during this difficult time,” says Chris Honeman, Relationship Manager at Shore United Bank. “Helping the people in the communities we serve is our highest priority.” To assist with the food supplies to local communities, Shore United Bank has generously donated $2,000 to help purchase and distribute food to those in need.
Now Available: New Online Courses!
Fundamentals of Commercial Banking; and, Analyzing Repayment Sources!
Andy Keusal, Founder and President, Keusal Learning
We’ve all had to adapt this past year in so many areas of our business, training being one of them. If you will be hiring new credit analysts, lenders, portfolio managers, and others who need skills in financial statement analysis and writing credit documents, and are looking for affordable, effective training for your new hires or current staff, look no further. 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.
HELD OVER THROUGH THE END OF THE YEAR!
Attend the 2020 Delaware Trust Conference - On-Demand Through December 31st!
All Sessions Available for Credit!
Wealth Management Professional the entire 2020 Delaware Trust Conference - all 17 Sessions - have been held over and are available
on-demand through December 31st! Watch at your convenience and earn over 20 Continuing Education Credits! And don't forget to submit your credit forms. See the "Credit Information" link on the conference webpage for forms and information!
Register today and start watching at your convenience! Follow the link below for agenda and registration information!
REMEMBER - Conference Attendee - Don't forget to send yor PA and DE CLE forms to Renee Rau in order to get your CLE Credits!
Northern Trust U.S. Economic Outlook:
Brighter Days Will Return
After a quarter of record-breaking gains, the U.S. economy has lost momentum. COVID-19 is resurgent and the weather has turned cold, keeping more consumers home and weighing on the recovery. With promising developments surrounding vaccines and fiscal stimulus, there is reason to be optimistic for conditions improving in the near future. Consumers and businesses are eager to return to their prior lifestyles and levels of activity. Though it will bring its own surprises, we hold out hope that 2021 will be a better year than 2020. But at the moment, the economy is working through a slower interval.
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.
Use the Delaware Bankers Association Member Portal for
Online Registrations and More!
Have you checked out the Delaware Bankers Association's online members portal? The portal will provide members easy access to update their personal information and to register and pay online for upcoming DBA events! Log into the portal via the link below, and use the Personal Profile link (on the left hand sidebar) to create your log in.
Jordon N. Rosen, CPA, AEP®, Elected into the NAEPC Estate Planning Hall of Fame® and Honored as an Accredited Estate Planner® (Distinguished) Designee by the National Association of Estate Planners & Councils
Belfint, Lyons & Shuman, CPAs (BLS) announced that the National Association of Estate Planners & Councils (NAEPC) recognized Jordon N. Rosen, CPA, AEP® as an entrant into the Estate Planning Hall of Fame® and as a recipient of the Accredited Estate Planner® (Distinguished) designation for 2020. This award was presented on Wednesday, December 2, 2020, by NAEPC leadership during a special virtual election ceremony. Jordon is one of only seven estate planning professionals to receive this prestigious award in 2020, which is given annually in recognition of lifetime achievement and outstanding contributions to the practice and profession of estate planning within the professional disciplines of accounting, insurance and financial planning, law, philanthropy, trust services, and academia. Jordon N. Rosen, CPA, MST, AEP® (Distinguished), Director and Chair of the firm’s estate and trust practice states, “It would be convenient for me to say that all the hard work finally paid off, but when you enjoy what you are doing as much as I do and an honor like this is put upon you, it just becomes very special and humbling. I have been able to turn my passion of helping others into an extremely fulfilling career.”
McCollom D’Emilio Smith Uebler Partner
Speaks at Delaware Tax Institute
McCollom D’Emilio Smith Uebler LLC partner Jennifer Smith spoke on a Delaware Tax Institute panel, providing an update on Estate Planning. Smith presented alongside W. Donald Sparks, II of Richards Layton & Finger and Daniel F. Hayward of Gordon Fournaris & Mammarella. The Delaware Tax Institute has a long history of collaboration between local attorneys and other financial services professionals and is co-sponsored by Widener University Delaware Law School, the Society of Financial Service Professionals–Delaware Chapter, and the Delaware State Bar Association. This year’s event was held over the course of two days via Zoom.
Troutman Pepper Update: Supreme Court Answers the Call on the Definition of an Autodialer
The U.S. Supreme Court heard oral argument today in Duguid v. Facebook to decide, once and for all, whether an automatic telephone dialing system (ATDS), as defined in the Telephone Consumer Protection Act (TCPA), requires a random or sequential number generator. In its late 2018 Marks decision, the Ninth Circuit found that storage of telephone numbers, without random or sequential number generation, was enough to satisfy the first prong of the TCPA’s definition of an ATDS. Earlier this year, the Sixth Circuit joined the Ninth Circuit, while the Third, Seventh, and Eleventh Circuits concluded that a system must have the capacity to generate random or sequential numbers to qualify as an ATDS.