Washington, D.C. – In letters sent to both the House and Senate today, Conference of State Bank Supervisors Acting President & CEO James M. Cooper urged Members of Congress to provide marijuana businesses with access to financial services by retaining the Secure and Fair Enforcement (SAFE) Banking Act in the final conference report of the America COMPETES Act. “By granting

Washington, D.C. — The Conference of State Bank Supervisors Board of Directors has announced the appointment of James M. Cooper as president and CEO. Cooper had served as acting president and CEO after the sudden death of CSBS leader John W. Ryan on May 16. Cooper’s appointment follows a nine-year tenure at CSBS, during which he directed policy and supervision

Washington, D.C.— Community bankers’ collective view of future business conditions and the economy plummeted in the last quarter, according to the Community Bank Sentiment Index (CBSI), released today. While the start of the year showed some concerns, the second-quarter 2022 CBSI dove to 84 points, down 13 points from the last quarter. The current value is its lowest level since

Washington, D.C.- The Conference of State Bank Supervisors (CSBS) today named the student team from James Madison University as winners of the 2022 Community Bank Case Study Competition. The annual competition provides undergraduate students with valuable first-hand insight into the banking industry. This year, student teams partnered with local community banks to examine how community banks have navigated changes over

CSBS President and CEO Jim Cooper Statement on Senate Confirmation of Michael Barr as Federal Reserve Board of Governors Vice Chair for Supervision “State regulators congratulate Michael Barr on his confirmation as the Vice Chair for Supervision. He serves an important role that requires close coordination with state regulators and the banking industry. It is also crucial to have a

Washington, D.C. — The Conference of State Bank Supervisors released today two new tools for nonbank financial services companies to improve their cybersecurity posture. The Baseline Nonbank Cybersecurity Exam Program and the Enhanced Nonbank Cybersecurity Exam Program are tools used by state examiners nationwide to assess the cyber preparedness of nonbank entities. The release of these tools provides these institutions

Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Tornadoes The Office of the Comptroller of the Currency, Federal Reserve Board, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the state regulators, collectively the agencies, recognize the serious impact of tornadoes on the customers and operations of many financial

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) is pleased to share that its Community Bank Sentiment Index (CBSI) has been added to the Federal Reserve Economic Data, the online database maintained by the Federal Reserve Bank of St. Louis informally known as the FRED. The FRED includes economic data time series from a range of sources. Data

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) is pleased to share that its Community Bank Sentiment Index (CBSI) has been added to the Federal Reserve Economic Data, the online database maintained by the Federal Reserve Bank of St. Louis informally known as the FRED. The FRED includes economic data time series from a range of sources. Data

State regulators represented by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) commend FHFA and Ginnie Mae’s significant strides toward aligning their capital and liquidity requirements for nonbank mortgage companies. As the primary supervisors of nonbank mortgage companies, state financial regulators strongly support greater coordination across all mortgage supervisors and are encouraged