The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Hawaii Department of Commerce and Consumer Affairs’ Division of Financial Institutions, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the recent Hawaii wildfires on the customers and operations of many financial
The Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies, recognize the serious impact of Hurricane Idalia on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies
“State regulators are pleased that the Federal Reserve Board of Governors is fully seated. We congratulate Federal Reserve Governor Phillip Jefferson on his confirmation as Vice Chair, Federal Reserve Governor Lisa Cook on her new Board term and Adriana Kugler on her new role as Governor. We look forward to working with the entire Board of Governors to support the
Washington, D.C. – The Conference of State Bank Supervisors today announced registration for the 2024 NMLS Annual Conference & Training is open and can be completed on the conference website. The NMLS Annual Conference will be held in San Antonio, Texas, Feb. 13 – 16, 2024 at the San Antonio Marriott Rivercenter on the River Walk. The NMLS Annual Conference
Strong relationships between state and federal regulators are crucial to effective financial regulation. These relationships form the basis for coordination and collaboration across a range of supervisory processes and efforts. The State Liaison Committee (SLC) brings an important state view to the Federal Financial Institutions Examination Council. Last week, SLC members gathered in Washington, D.C. for a briefing hosted at
By granting a safe harbor for financial institutions, Congress can bring regulatory clarity to the financial services industry, address public safety concerns, and ensure access to financial services for state-compliant marijuana and marijuana-related businesses.
Congratulations to the team of students from the University of Tennessee at Martin that edged out 34 other teams to win this year’s CSBS Community Bank Case Study Competition. Their case study examined how a local community bank, Commercial Bank & Trust Company in Paris, Tennessee, recruits and retains talent, approaches succession planning and uses technology to advance operations. CSBS
Welcome! It is so great to see all of you – I enjoy and appreciate that we are able to be here in person. Thank you, St. Louis Federal Reserve, for again hosting this event. This conference presented by state and federal regulators is a testament to our nation’s dual-banking system - which I believe helps make our economy the