CSBS President and CEO Jim Cooper Statement on New FDIC Board Appointees: “On behalf of state bank regulators, I congratulate Martin Gruenberg, Travis Hill and Jonathan McKernan on their appointment to the FDIC Board. Now that the board is complete, I invite all five members to meet with state regulators on ways we can strengthen our partnership and shared interests

Washington, D.C. - CSBS President and CEO Brandon Milhorn remarked on the benefits of the dual banking system today in a keynote address at the Federal Reserve Bank of Atlanta’s annual banking outlook conference. Federal policy should respect local decision making and enable smaller institutions to serve their customers and communities. Milhorn called for federal policy that would reflect these

Washington, D.C. – Statement from CSBS President and CEO John W. Ryan on the Report on Stablecoins by the President’s Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency: “We look forward to examining the PWG’s stablecoin report more fully and sharing our supervisory experience in this area with PWG

"By nominating an individual to the FDIC Board who lacks state bank supervisory experience, the White House, once again, has ignored the requirements of the Federal Deposit Insurance Act. Congress insisted on state supervisory experience on the FDIC Board for a reason: states are the chartering authority and primary regulator for 79% of all U.S. banks. State supervisors understand the

NMLS Consumer Access, established in accordance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (“SAFE Act”) to help promote consumer protection, is the website prospective homeowners can use to verify if the mortgage company or professional they are working with is in good standing. Here are a few of the benefits with using NMLS Consumer Access

Washington, D.C. – Once again, the courts have rejected the broad preemption standard advocated by the OCC and national banks. By denying rehearing en banc, the Ninth Circuit left intact its October 2025 opinion in Kivett et al. v. Flagstar Bank FSB, reaffirming the appropriately high bar for preemption established by the U.S. Supreme Court in Cantero. The OCC has

Misconceptions Misconception: Regulation of nonbank mortgage companies is lax or non-existent. As the primary regulator of nonbanks, states have broad licensing, examination, investigation, and enforcement authorities. Prudential standards, including financial capacity (i.e., net worth/capital and liquidity), governance, and risk management requirements, are also a matter of state law enforced by state regulators. 1 The Nationwide Multistate Licensing System and Registry

It is with great sadness that we announce that John W. Ryan, President and Chief Executive Officer of CSBS, died unexpectedly late yesterday in Washington, D.C. “On behalf of the CSBS Board of Directors, executive team, staff and membership, we extend our deepest sympathies to John’s family and everyone who knew and worked with John over his more than 30-year

Why is NMLS being modernized? CSBS is modernizing NMLS because it is a priority that we maintain operational excellence for our state agency and industry users. We are committed to improving the user experience. Specifically, we’re focused on making enhancements to improve system performance and alleviate user pain points. What do you mean when you say “modernizing” NMLS? Does that