Download the Full Letter [PDF] Federal Housing Finance Agency 400 7 th Street SW Washington, DC 20024 Re: FHLBank System at 100: Focusing on the Future Dear Sir or Madam, The Conference of State Bank Supervisors (“CSBS”) [1] appreciates the opportunity to comment on the Federal Housing Finance Agency’s (“FHFA”) comprehensive review of the Federal Home Loan Bank (“FHLBank”) System
The Federal Financial Institutions Examination Council (FFIEC) today announced the reappointments of Kevin Allard, Yolanda Ford, and Susannah Marshall to the FFIEC’s State Liaison Committee (SLC). Kevin Allard was first appointed by the American Council of State Savings Supervisors (ACSSS) to the SLC in December 2020 to complete the remainder of the two-year term left vacant by the early departure
State regulators reiterate their request for the Bureau to reconsider the creation of the proposed CFPB Registry. If the Bureau chooses to proceed, state regulators ask that the CFPB exempt companies from the requirement of filing a public order if the order is already published on NMLS Consumer Access.
State financial supervisors are increasing coordination with each other through Networked Supervision, a dynamic and collaborative approach to supervision. The State Examination System ( SES) launched in 2020, is leading the way for CSBS technology platforms by allowing company exams to be conducted in a more uniform, efficient manner. Today, South Dakota Department of Labor and Regulation license examiner Paul
Washington, D.C. – Community bankers nationwide shared a dismal outlook on economic conditions in the latest Community Bank Sentiment Index (CBSI), released today by the Conference of State Bank Supervisors (CSBS). The quarterly survey dropped to 83, falling two points from the previous quarter and to its lowest level since the survey began in 2019. Five of the seven components
By CSBS Chief Economist Thomas F. Siems, Ph.D. The CSBS first quarter 2023 Community Bank Sentiment Index (CBSI) indicates that community bankers are more pessimistic than at any time since the survey’s creation in 2019. Consistent with the 2022 quarterly CBSI surveys, three of the seven components plunged the index sharply lower: future regulatory burden, monetary policy expectations, and the
By CSBS Chief Economist Thomas F. Siems, Ph.D. Last month’s high-tech bank runs, liquidity complications and subsequent closure of three high-profile banks surprised many bankers and investors. While the FDIC and the Federal Reserve acted quickly to maintain confidence by providing a higher backstop for depositors and creating greater lending capacity for all financial institutions through the Fed’s Bank Term
CSBS today announced student teams from the following four universities have advanced to the final round of the 2023 CSBS Data Analytics Competition: Carnegie Mellon University Georgetown University Kennesaw State University William & Mary In the third year of the CSBS Data Analytics Competition, student teams developed data analytics models that examined the potential impact on community banks (earnings, deposits
Washington, D.C. – The Conference of State Bank Supervisors encourages community banks to participate in its tenth Annual Community Bank Survey, open now through June 30. This is an important opportunity for community banks to share their perspectives on community banking, the economy, regulation and supervision with state and federal policymakers. This year’s questions focus on current bank conditions and
The Federal Financial Institutions Examination Council (FFIEC) today announced the selection of Charles G. Cooper to the FFIEC’s State Liaison Committee (SLC) for the term that runs from May 1, 2023, through April 30, 2025. Concurrently, the SLC announced Mr. Cooper as its chairman for a one-year term that runs until April 30, 2024. Mr. Cooper is the Commissioner of