DBA Digest for January 7 , 2022 |
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Hone Your Professional Skills in 2022!
Business Writing & Grammar Courses -
Virtual Live: January 12 and January 26
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Make a New Year's Resolution to polish your professional skills in 2022. The Delaware Bankers Association/Delaware Financial Education Alliance is offering two virtual courses on Business Writing and Grammar. Both courses are being facilitated by Linda Comerford with Comerford Consulting. Attendees will be able to refine and enhance their professional writing abilities through this training program.
Business Writing Workshop -
January 12, 2022 – 9:00 am – 4:00 pm
Taking the “Grr” Out of Grammar -
January 26, 2022 – 9:00 am – 12:00 pm
Click on the link below for full details on these two courses!
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Now Available for Credit!
DBA Regulatory Compliance School On-Demand
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On-Demand Sessions for the 2021 DBA Regulatory Compliance School are now available! Compliance professionals can get all the updates needed to face the latest regulatory challenges. The agenda is filled with the most up-to-date regulatory information on Lending, Deposits, BSA/AML, available for viewing on your schedule. $999 for DBA members ($1499 for non-DBA-members).
Presenting Sponsor: Troutman Pepper
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Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends |
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The Board of Directors of Fulton Financial Corporation has declared a quarterly cash dividend of fourteen cents per share on its common stock, payable on January 14, 2022, to shareholders of record as of December 31, 2021.
The Board of Directors also declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on January 18, 2022, to holders of record of the preferred stock as of December 31, 2021, for the period from and including October 15, 2021 to, but excluding, January 15, 2022.
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January Office Depot Discount Coupons Now Available for All DBA Members and Employees |
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The Delaware Bankers Association discount program with Office Depot gives DBA Members and Associate Members tremendous buying power and exclusive discounts. The program may deliver an average cost savings of 20-30% to participating members and their employees. This month's coupons off $35 off on purchases of $250; $15 off on $150; and, $15 off on $100. Follow the link below for this month's offers.
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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. |
BLS CPAs Announces Jordon N. Rosen, CPA, AEP® Retirement
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Belfint, Lyons & Shuman, P.A. (BLS), IPA Top 300 certified public accounting and consulting firm, extends congratulations and best wishes to Jordon N. Rosen, CPA, AEP® (Distinguished), Director of Estates & Trusts, who is retiring on December 31, 2021 with more than 21 years of service at BLS and over 43 years in public accounting!
Jordon began his two-decade long career at BLS on November 6, 2000, when he joined as a Principal with a specialty in tax. He was admitted as a Shareholder and Director on December 1, 2003 and went on to develop and expand a robust estate, gift, and trust practice. His commitment to this practice group reaped a personal reward when he was inducted into the NAEPC Estate Planning Hall of Fame in 2020 – an event that Jordon cites as one of the most gratifying of his career.
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The CFPB Takes Aim at Overdraft Fees |
The Consumer Financial Protection Bureau (CFPB) has a new target: overdraft fees. In a December 1 press call, CFPB Director Rohit Chopra targeted the use of overdraft fees in the consumer banking industry, claiming that some banks are “hooked on exploitative junk fees that can quickly drain a family’s bank account.” The CFPB, he said, is “considering a range of regulatory interventions to help restore meaningful competition in this market.”
Chopra’s comments came after the CFPB released two research reports investigating the use of overdrafts fees within the banking industry. The first indicated that in 2019 alone, overdraft and other nonsufficient fund fees generated over $15 billion in revenue for consumer banks, with large banks (those with assets over $10 million), collecting three-quarters of the total revenue reported. Relying on information gathered from 2015 to the present, the report also indicated that reliance on overdraft fees has been growing slowly but steadily across the board.
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Sign Up Now! Two On-Line Courses:
Fundamentals of Commercial Banking; and,
Analyzing Repayment Sources!
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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.
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