Message from the President

Among Delaware’s business treasures is its robust financial services sector. We have large money-center banks with substantial footprints, super-regional banks, community banks, and more. Add to the landscape credit unions, licensed non-depository institutions, brokers, and advisors, and you have quite the range of providers. These providers offer the liquidity to operate, financing for growth and expansion, resources for customer purchases, retirement strategies for employees, treasury and investment functions, and credit cards for a variety of purposes. Bookkeeping and accounting services provide the information necessary for sound management decisions, while audit work gives investors, customers, and employees confidence that all is well. The list is practically endless.

Broadly defined, the financial services sector employs tens of thousands of Delawareans and contributes substantially to state revenues. These companies share generously with the community, donating volunteer hours that have real impact, offering advice and leadership on nonprofit boards, and giving philanthropically to support everything from food for the needy and school supplies to festivals and the arts. Other regions are not as fortunate to have such a diverse mix of providers, along with the stability, safety, and soundness that make risk-taking and business growth possible.

We oftentimes take the contributions of this sector for granted, and we should not. They are the backbone of every entrepreneur with an idea and every two-hundred-year-old business reimagining itself for the fiftieth time.