Washington, D.C. – Community bankers are feeling the impact of high interest rates and the threat of cyber-attacks, according to the 2023 Annual Survey of Community Banks, released today by the Conference of State Bank Supervisors (CSBS). This is the tenth year of the survey, which canvassed 462 community banks with less than $10 billion in total assets. The survey

Washington, D.C. – Eleven teams have advanced in the first round of judging of the 2024 CSBS Community Bank Case Study Competition. The teams were chosen from a pool of 27 student teams that represent 21 colleges and universities across the nation. This is the tenth year of the competition, which is open to undergraduate students in all fields of

Up to $82 million in virtual assets to be returned to customers Washington, D.C. — Twenty-five state financial regulators have taken collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus Financial Holdings, Inc., Plutus Lending, LLC (collectively known as “Abra”), and CEO and largest equity owner William “Bill” Barhydt for operating a cryptocurrency company without receiving the required state

Safety and Soundness Certification Certified Large Institution Examiner (CLIE) Candidates for the CLIE designation must provide evidence of the following: Expected to have skills and experience associated with CEIC level or equivalent. Senior examiner experience aligned with skills for large bank specialties considered on a case-by-case basis. Training should include large bank focused course, including training from FDIC, FRB, FFIEC

Statement from John W. Ryan, CSBS president and CEO, on striking down the OCC true lender rule: "State regulators support the CRA challenge to the OCC’s true lender rule, which if it stands, will eviscerate the power of state interest rate caps and deny state regulators their most effective tool to protect consumers from such predatory lending. We encourage members

Washington, D.C. – Community bankers are feeling slightly better about the health of their local economies but still far short of their pre-pandemic level of confidence, the most recent Community Bank Sentiment Index (CBSI) reveals. The Conference of State Bank Supervisors publicly released the third quarter results today, collecting data from 334 community banks across the nation during the month

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced Jim Payne, director of examinations and assistant deputy commissioner for the Consumer and Mortgage Lending Division of the Kansas Office of the State Bank Commissioner, will continue his service as the NMLS Ombudsman for a third term, starting July 1. The NMLS Ombudsman provides state regulators and industry

Washington, D.C. – Regulatory burden has risen to the top of community banker concerns, according to the 2024 Conference of State Bank Supervisors (CSBS) Annual Community Bank Survey, released today. Cost of funds, a chief concern last year, tied as a top external risk for surveyed bankers. This is the eleventh year CSBS has conducted the survey, which captures the

Washington, D.C. – In testimony today before the House Financial Services Committee, Arkansas Bank Commissioner Susannah Marshall warned that without collective action from Congress and the federal banking agencies, the nation will continue to lose community banks, threatening banking access for millions of Americans – especially those in rural and small-town communities. Marshall has served as Commissioner of the Arkansas