Washington, D.C. – Community bankers nationwide continue to have a fairly pessimistic view of the economy, but their outlook ticked up slightly in the third quarter, according to the Community Bank Sentiment Index (CBSI) released today by the Conference of State Bank Supervisors (CSBS). The third quarter 2022 CBSI rebounded seven points from its all-time low of 84 experienced in

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) has named Karen K. Lawson as executive vice president for policy and supervision. In her new role, Lawson is a member of the CSBS executive leadership team and oversees the policy and supervision business unit. She will lead and coordinate CSBS’s legislative, regulatory and bank/nonbank supervisory processes and be responsible

Renewal Season Starts November 1 Washington, D.C. – State regulators encourage individuals and businesses in the mortgage, money transmission, debt collection and consumer financial services industry to get ready for the Nov. 1 start of Nationwide Multistate Licensing System (NMLS) annual license renewal by taking steps to prepare in advance. More than 261,000 mortgage loan originators (MLOs) and companies are

CSBS President and CEO James M. Cooper Statement on FDIC Board Chair Nomination Washington, D.C. – “Today’s announcement from the White House means that none of the nominees to the FDIC Board will meet the requirement for state bank supervisory experience. This requirement is not only the law but also a great benefit for consumers and the banking sector when

Washington, D.C. - The Conference of State Bank Supervisors (CSBS) has opened the 2023 Data Analytics Competition for applications. Students are asked to develop a data analytics model that demonstrates the potential impact on banks, such as earnings, deposits and asset quality, from the rapidly rising interest-rate environment and how banks should prepare. This is the third year of the

Texas Banking Commissioner Charles G. Cooper Concludes his Service Washington, D.C. — State bank supervisors have appointed New York State Department of Financial Services Superintendent Adrienne A. Harris to serve as the state banking representative on the Financial Stability Oversight Council (FSOC), succeeding Texas Banking Commissioner Charles G. Cooper who will conclude his service on Dec. 31, 2022. “Superintendent Harris’

CSBS President and CEO Jim Cooper Statement on New FDIC Board Appointees: “On behalf of state bank regulators, I congratulate Martin Gruenberg, Travis Hill and Jonathan McKernan on their appointment to the FDIC Board. Now that the board is complete, I invite all five members to meet with state regulators on ways we can strengthen our partnership and shared interests

Washington, D.C.—The Conference of State Bank Supervisors (CSBS) today announced Bridget Plitt as senior vice president of learning and development. Plitt most recently served as chief learning officer at the Office of the Comptroller of the Currency (OCC). Plitt will develop and refine the vision and roadmap for CSBS’s learning and development function. She will also lead the learning team

Nearly 100% Believe U.S. Economy is in a Recession Washington, D.C. – Community bankers are starting the year with a negative economic outlook and largely believe the nation is in a recession, according to the most recent quarterly Community Bank Sentiment Index (CBSI), released today by the Conference of State Bank Supervisors (CSBS). The CBSI fell six points to 85

Washington, DC – Twenty-three states have committed to a multistate agreement that standardizes key elements of the licensing process for money transmitters and other money services businesses (MSB). The original agreement included seven states in February 2018. The agreement: One state regulatory department reviews common licensing requirements – business plan; direct and indirect owners, including background checks; financial information and