Washington, D.C. – Following an extensive public comment period in 2024, the Board of the Conference of State Bank Supervisors (CSBS) and the Board of Managers for the State Regulatory Registry (SRR) approved an increase in processing fees for the Nationwide Multistate Licensing System and Registry (NMLS). These approvals of the processing fee increase were announced on Dec. 11 on
“Benefits of Dual Banking System Supervision in Uncharted Waters” Conference of State Bank Supervisors President and CEO Brandon Milhorn Keynote Remarks Federal Reserve Bank of Atlanta Banking Outlook Conference Feb. 27, 2025 Introduction Thank you for that kind introduction. I would like to thank President Raphael Bostic and the Atlanta Fed for the invitation to participate in this important and
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. – Today, Conference of State Bank Supervisors (CSBS) Board Chair Charlie Clark, Director of the Washington State Department of Financial Institutions, and Chair-elect Tony Salazar, Commissioner of Maryland’s Office of Financial Regulation, met with leadership from several national consumer advocacy organizations to discuss 2025 CSBS priorities, consumer protection, and financial access issues. CSBS Board members from numerous other
Statement from CSBS President and CEO Brandon Milhorn: “CSBS applauds the nomination of Governor Michelle Bowman to serve as the Vice Chairman for Supervision of the Federal Reserve Board of Governors. Governor Bowman has a wealth of supervisory and regulatory experience, from her roots in community banking to her focus at the Federal Reserve on appropriately tailored regulation for all
Download the Full Letter [PDF] Via Electronic Submission The Honorable Scott Bessent Secretary of the Treasury United States Department of the Treasury 1500 Pennsylvania Ave NW Washington, D.C. 20220 Dear Secretary Bessent: The Conference of State Bank Supervisors (“CSBS”) 1 and the National Association of State Credit Union Supervisors (“NASCUS”) 2 (collectively, “state regulators”) write to express our deep support
Download the Full Comment Letter [PDF] The Honorable French Hill Chairman Committee on Financial Services U.S. House of Representatives Washington, D.C. 20515 The Honorable Maxine Waters Ranking Member Committee on Financial Services U.S. House of Representatives Washington, D.C. 20515 Dear Chairman Hill and Ranking Member Waters, On behalf of the Conference of State Bank Supervisors (CSBS), I appreciate the opportunity
The Federal Financial Institutions Examination Council (FFIEC) today announced the appointments of Katherine M.R. Bosken, Polly Klyce Pennoyer, and Aaron Luetzow to the State Liaison Committee (SLC). Their two-year terms on the SLC begin today and continue through March 31, 2027. Katherine M.R. Bosken was designated by the American Council of State Savings Supervisors (ACSSS) to serve on the SLC