Washington, D.C.—The Conference of State Bank Supervisors (CSBS) today announced Bridget Plitt as senior vice president of learning and development. Plitt most recently served as chief learning officer at the Office of the Comptroller of the Currency (OCC). Plitt will develop and refine the vision and roadmap for CSBS’s learning and development function. She will also lead the learning team
Nearly 100% Believe U.S. Economy is in a Recession Washington, D.C. – Community bankers are starting the year with a negative economic outlook and largely believe the nation is in a recession, according to the most recent quarterly Community Bank Sentiment Index (CBSI), released today by the Conference of State Bank Supervisors (CSBS). The CBSI fell six points to 85
Ann E. Misback, Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue, NW Washington, DC 20551 Docket No. OP-1747 Re: Proposed Guidelines for Evaluating Account and Services Requests Dear Ms. Misback, The Conference of State Bank Supervisors (“CSBS”) appreciates the opportunity to comment on the Proposed Guidelines for Evaluating Account and Services Requests (the “proposed
The CSBS Q4 CBSI indicates that community bankers are more pessimistic than they were in the previous quarter and near its lowest level recorded in the second quarter of 2022.
By CSBS Chief Economist Thomas F. Siems, PhD Don’t ask an economist if you want a timely prognosis on whether the nation’s economy is in a recession. Ask a community banker instead. Four years ago, CSBS launched its Community Bank Sentiment Index ( CBSI), which is now available on the federal Reserve Economic Data, known as the FRED. The CBSI
Ann E. Misback, Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue, NW Washington, DC 20551 Docket No. OP‐1788 Re: Guidelines for Evaluating Account and Services Requests Dear Ms. Misback: The Conference of State Bank Supervisors (“CSBS”) appreciates the opportunity to comment on the proposed amendments to the Federal Reserve Board’s (“Board”) Guidelines for Evaluating
Washington, D.C. – Six student teams from across the nation have advanced to the second round of the 2023 Data Analytics Competition, the Conference of State Bank Supervisors announced today. The annual competition this year required students to develop a data analytics model that examines the potential impact on banks, such as earnings, deposits and asset quality, from the recent
FinCEN should be more explicit in its inclusion of state regulators as agencies that can request access to its forthcoming beneficial ownership information database, the Conference of State Bank Supervisors (CSBS) said in a comment letter submitted today. The Corporate Transparency Act requires a wide range of entities to report their beneficial ownership information to FinCEN. It also tasks FinCEN