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. – State financial regulators, joined by the Bankers Electronic Crimes Task Force and the U.S. Secret Service, today issued a self-assessment tool to banks they supervise in an effort to help mitigate ransomware attacks. “Ransomware is a major threat to the financial services industry,” said Texas Banking Commissioner Charles G. Cooper, who leads the Bankers’ Electronic Crimes Task

CSBS is calling on key federal agencies to clarify the deadline for CARES Act mortgage protections that could expire as soon as yearend 2020. As there is no precise date for the “covered period” of Sec. 4022, state regulators are concerned that confusion around the date could affect consumers’ ability to get relief.

The Conference of State Bank Supervisors added state usury rates to the 50-state Consumer Finance Laws Survey, a tool that gives users a clear look at similarities and differences across state compliance requirements, including applicable allowable interest rates.

Washington, D.C. – Statement from CSBS President and CEO John W. Ryan on the federal housing agencies’ affirmation of mortgage forbearance through Feb. 28, 2021: “State regulators applaud the federal housing agencies for clarifying the deadline for consumers to request forbearance under the CARES Act. This action provides clarity on the appropriate covered period. Importantly, it also gives consumers a

Washington, D.C. – Community bankers’ assessment about future economic and financial conditions improved at the end of 2020 but still indicates a marginally negative outlook that falls well below confidence levels before the COVID-19 pandemic and economic lockdowns, according to the most recent Community Bank Sentiment Index (CBSI). The Conference of State Bank Supervisors publicly released the fourth quarter CBSI

This report and its recommendations fail to recognize the critical role that state regulators play in protecting consumers and facilitating the safe innovation that consumers have come to expect in financial services.

Hello, I would like to start by thanking all of you for attending the first virtual NMLS conference. As Albert Forkner just noted, this year marks the largest attendance for this event and shows the power of technology to connect us. I want you to consider this as I speak: Just 10 years ago, bringing 1,000 people together for a

Washington, D.C. – The Conference of State Bank Supervisors today announced its executive leadership team as part of a new organization structure. “This team brings perspective and leadership skills that are critical for guiding CSBS as we support the dynamic state regulatory system,” said CSBS President and CEO John Ryan. “These organizational changes are part of a larger effort to

To advance Networked Supervision, state financial regulators and CSBS have focused on implementing common standards and practices across the state system to streamline regulation of nonbank financial companies operating in multiple states. Recent initiatives that help increase uniformity and set the right conditions for the state system to continue leveraging the benefits of technology include: One Company, One Exam The