Margaret Liu named General Counsel; Leonard Chanin joins as Chief Counsel to the President Washington, D.C. – The Conference of State Bank Supervisors (CSBS) announced today that it has named Margaret Liu as General Counsel and welcomed Leonard Chanin as Chief Counsel to the President. Both appointments are effective immediately. “I am thrilled to have Margaret and Leonard as part

Sigue Corp. Failed to Satisfy Outstanding Money Transmission Liabilities, Violating State Law Washington, D.C. — Today, financial regulatory agencies from 39 states, Puerto Rico, and the District of Columbia ordered Sigue Corp. to cease engaging in any further money transmission activities as the company can no longer responsibly serve customers due to its declining financial position. Sigue is a state-regulated

Washington, D.C. – Community bankers are showing slightly more confidence in future economic conditions but still have concerns, especially about regulatory burden, according to the latest Community Bank Sentiment Index (CBSI), released by the Conference of State Bank Supervisors (CSBS) today. The CBSI increased by 6 points in the first quarter of 2024 to 98 points, its highest level in

Conference of State Bank Supervisors President and CEO Brandon Milhorn Statement on Congressional Progress on Stablecoin Legislation: “State regulators thank Senators Cynthia Lummis and Kirsten Gillibrand for their acknowledgment of the critical role that state bank regulators play in the licensing, regulation, and supervision of money transmission and other nonbank activities. We look forward to working with Congress to ensure

The Federal Financial Institutions Examination Council’s (FFIEC) State Liaison Committee (SLC) today announced the re-election of Charles G. Cooper as SLC Chairman. The SLC Chairman’s one-year term runs from May 1 until April 30 of the following year. The SLC can re-elect the Chairman for additional terms. Cooper has been a member of the SLC and served as its Chairman

The Federal Financial Institutions Examination Council (FFIEC) today announced the selection of Greg Gonzales to the FFIEC’s State Liaison Committee (SLC). Gonzales’s term runs from May 1, 2024, through April 30, 2026. Gonzales is the Commissioner of the Tennessee Department of Financial Institutions, a position he has held since 2005. As Commissioner, he serves as Tennessee’s chief regulatory officer of

By James M. Cooper, president and CEO of the Conference of State Bank Supervisors “On behalf of state regulators, I urge the Biden Administration to put forth an FDIC Board candidate who has state bank supervisory experience as required by federal law. It is important for the FDIC Board to represent the entire system it oversees, including state-chartered banks, which

CSBS Chair and Indiana Director of Banking Tom Fite Community Banking Research Conference Opening Remarks St. Louis, MO Sept. 28, 2022 Thank you, Jim. It is great to see so many of you in person, and I am happy to welcome all of you to the tenth annual Community Banking Research Conference. As chair of the CSBS Board of Directors

Washington, D.C. – The nation’s sluggish economy is being felt at the local level. Community bankers across the nation ranked net interest margins, economic conditions and loan demand as their highest external risks in the CSBS 2022 National Survey of Community Banks, released today. State regulators canvassed about 500 community banks nationwide for its ninth annual survey. Respondents’ concerns mirror

Link to video of Chair Powell's pre-recorded remarks: https://youtu.be/s-cKJhfLo2Y Good morning, and welcome to the 10th annual Community Banking Research Conference. I have attended this conference twice before, including the first one back in 2013, and I can attest to the quality of the research and discussions. While I am coming to you virtually today, many of you are gathering