Association Joins Delaware Gov. Meyer for Signing of Banking Modernization Bills

The Association joined Governor Matt Meyer, Senate Banking Chair Spiros Mantzavinos, State Bank Commissioner Lisa Collison, lawmakers and financial leaders today for the signing of a legislative package modernizing Delaware's banking laws.

The Association supported Senate Bills 16, 18 and 19, which update the state's financial regulatory framework to address emerging technologies, including digital assets, virtual currency and payment stablecoins. Together, the measures create clearer standards for innovation while maintaining strong regulatory oversight and consumer protections.

Governor Meyer said the legislation represents Delaware's most significant banking law update in more than 40 years and reinforces the state's commitment to remaining a competitive and forward-looking financial services jurisdiction.

The Association will continue working with policymakers and regulators to support responsible innovation, protect consumers and ensure credit unions remain an important part of Delaware's evolving financial system.