Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of North Dakota Department of Financial Institutions Commissioner Lise Kruse as the new chair of the Board of Directors. CSBS also elected new officers for 2023-24 during the organization’s annual meeting. Chair Kruse presented her annual committee chair appointments in the CSBS board meeting that immediately
Washington, D.C. – Fourteen teams have advanced in the first round of judging of the Conference of State Bank Supervisors’ Community Bank Case Study Competition. The teams were chosen from a pool of 34 student teams and represent 28 colleges and universities. This is the ninth year of the competition, which is open to undergraduate students in all fields of
Washington, D.C. – Five student teams advanced to the finals this week in the 2023 CSBS Community Bank Case Study Competition, emerging from a second round of 14 teams. This is the ninth year of the competition, which is open to undergraduate students in all fields of study as an opportunity to gain valuable first-hand knowledge of the banking industry
Washington, D.C. – Statement from CSBS President and CEO James M. Cooper on Opposition to Vance Amendment #10 “The Conference of State Bank Supervisors strongly opposes Senator Vance’s amendment to the RECOUP Act, which would fundamentally undermine our nation’s dual banking system by automatically converting state-chartered banks of a certain size into national banks. If enacted, the provision would dramatically
WASHINGTON, D.C. – The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2022 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,460 U.S. financial institutions, including banks, savings associations, credit unions, and mortgage companies. The HMDA data are the most comprehensive publicly available information on mortgage market activity. The data are used
Washington, D.C. – Community bankers’ outlook on economic conditions has dropped to a new low in the most recent Community Bank Sentiment Index, released today by the Conference of State Bank Supervisors. Concerns about regulatory burden, monetary policy, future business conditions and future profitability dropped the CBSI to 73, falling 10 points from the previous quarter and to the lowest
Washington, D.C. - The Conference of State Bank Supervisors (CSBS) today named a student team from the University of Tennessee-Martin as winner of the 2023 Community Bank Case Study Competition. Teams from Iowa State University and Messiah University in Mechanicsburg, Pa., placed second and third, respectively. “The work of these three teams was top rate, and we are pleased to
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today named three graduate students as 2023 Community Banking Research Conference Emerging Scholars. The scholars are Naz Koont from Columbia University, Giorgi Nikolaishvili from the University of Oregon, and Hristiana Vidinova from the University of Chicago. The CSBS emerging scholars program is designed to identify future community banking researchers by
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