CSBS formally requests the FDIC and OCC to extend the deadline for comment period on the Notice of Proposed Rulemaking on Community Reinvestment Act Regulations.
The CSBS Nonbank Model Data Security Law leverages the FTC Safeguards Rule to establish a robust framework for nonbank financial institutions to mitigate cyber threats, prevent data breaches, and uphold the integrity of the financial system.
Download the Full Comment Letter [PDF] The Honorable Scott Bessent Secretary of the Treasury United States Department of Treasury 1500 Pennsylvania Avenue NW Washington, DC 20220 The Honorable Jerome H. Powell Chair Federal Reserve Board of Governors 20th Street and Constitution Avenue NW Washington, DC 20551 The Honorable Travis Hill Acting Chairman Federal Deposit Insurance Corporation 550 17th Street NW
By CSBS Chief Economist Thomas F. Siems and CSBS Vice President for Policy Nathan Ross For years, community bankers have warned that the growing thicket of federal regulations is suffocating smaller institutions. The compounding effect of these rules lands hardest on the banks least able to absorb them. The refrain has become familiar: small community banks don’t have armies of
Washington, D.C. - Community banks are slightly more optimistic about future economic conditions, but not enough to move the needle above neutral. The second quarter 2024 CSBS Community Bank Sentiment Index (CBSI), released today, ticked up merely 1 point to 99 compared to last quarter’s survey, remaining slightly below the neutral level of 100. While four of the seven components
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of Maryland Commissioner of Financial Regulation Tony Salazar as the new chair of the CSBS Board of Directors. CSBS elected new officers for 2025-26 during its annual meeting. Chair Salazar presented his annual committee chair appointments in the CSBS board meeting that immediately followed. Newly installed
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of Director of the Indiana Department of Financial Institutions Tom Fite as the new chair of the Board of Directors. “The annual meeting was long scheduled. As we mourn the loss of long time CSBS President and CEO John Ryan, who died suddenly of natural causes
Download the Full Letter [PDF] Federal Housing Finance Agency 400 7 th Street SW Washington, DC 20024 Re: FHLBank System at 100: Focusing on the Future Dear Sir or Madam, The Conference of State Bank Supervisors (“CSBS”) [1] appreciates the opportunity to comment on the Federal Housing Finance Agency’s (“FHFA”) comprehensive review of the Federal Home Loan Bank (“FHLBank”) System
