Washington, D.C. – The Conference of State Bank Supervisors today announced registration for the 2024 NMLS Annual Conference & Training is open and can be completed on the conference website. The NMLS Annual Conference will be held in San Antonio, Texas, Feb. 13 – 16, 2024 at the San Antonio Marriott Rivercenter on the River Walk. The NMLS Annual Conference
Welcome! It is so great to see all of you – I enjoy and appreciate that we are able to be here in person. Thank you, St. Louis Federal Reserve, for again hosting this event. This conference presented by state and federal regulators is a testament to our nation’s dual-banking system - which I believe helps make our economy the
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
It's a pleasure to be back in St. Louis for the annual Community Banking Research Conference. I am grateful for the continued partnership between the Federal Reserve, the Conference of State Bank Supervisors (CSBS), and the Federal Deposit Insurance Corporation (FDIC), and I would like to thank the conference organizing committee for putting together this important forum, now in its
Good afternoon. It is a pleasure to address this year’s Community Banking Research Conference. I want to begin by commending the organizers for once again bringing community bankers, researchers, and policy makers together in what I believe is a one-of-a-kind venue that we are proud to co-sponsor, along with the Federal Reserve and the Conference of State Bank Supervisors. We
Thank you, Jim, for your introduction, and thank you to everyone who has stayed to the end. I have an idea some of you are waiting for the announcement of the John W. Ryan award. But before I announce the winner, I want to take a few minutes to share my thoughts on this event and offer some ideas for
Washington, D.C. – Community bankers have a slightly rosier economic outlook for the first time in a year, according to the most recent Community Banker Sentiment Index (CBSI), released by the Conference of State Bank Supervisors (CSBS) today. While the third quarter CBSI remains below the neutral level of 100 for the seventh quarter in a row, it bounced up
State financial regulators and attorneys general levy a combined $20 million in fines for data misuse that impacted 480,000 consumers nationwide Washington, D.C.— Forty-four state agencies have reached settlements with ACI Payments, Inc., for erroneously initiating electronic transactions totaling $2.3 billion from the accounts of 480,000 mortgage-holders serviced by Mr. Cooper (formerly known as Nationstar Mortgage, LLC). State regulators levied
Washington, D.C. – A paper on regulatory risk perception earned the John W. Ryan Award for Most Significant Contribution to Community Banking Research at the 2023 Community Banking Research Conference. The conference’s planning committee chose the paper titled “Regulatory Risk Perception and Small Business Lending,” authored by Siddharth Vij with the University of Georgia-Terry College of Business and Joseph Kalmenovitz
Renewal Season Starts Nov. 1 Washington, D.C. – State regulators encourage individuals and businesses in the mortgage, money transmission, debt collection and consumer financial services industry to start preparing now for the Nov. 1 start of Nationwide Multistate Licensing System (NMLS) annual license renewal. Mortgage loan originators (MLOs) and mortgage companies account for more than 846,000 state licenses to be