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

The Federal Financial Institutions Examination Council (FFIEC) today announced the appointment of Yolanda Ford to the FFIEC’s State Liaison Committee (SLC). Ford was designated by the National Association of State Credit Union Supervisors (NASCUS) to complete the remainder of the two-year term left vacant by the early departure of Senior Deputy Commissioner Stephen Pleger. Ford’s partial term on the SLC

Washington, D.C.— State bank supervisors have re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve as the state banking representative on the Financial Stability Oversight Council (FSOC). This is Commissioner Cooper’s third consecutive term as the state banking representative. "In today’s dynamic environment, regulatory coordination is critical for a safe and well-functioning financial system. Commissioner Cooper brings a

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

Washington, D.C.—The Conference of State Bank Supervisors (CSBS) today released the Money Transmission Modernization Act for state adoption as part of states’ broader effort to modernize the state financial regulatory system. In addition to supervising 79% of U.S. banks, state financial agencies are the primary regulator of the nation’s nonbank financial sector, which includes mortgage lenders and servicers, consumer finance

Background The Information Sharing Protection Task Force (Task Force), formed from 2020 to 2022, assembled representatives from all five CSBS districts, large and small states, states with very protective statutes and states with sweeping open record laws. The group was led by the Non-Depository Supervisory Committee (NDSC) chair and supported by CSBS’ General Counsel and staff. The Task Force’s purpose

James Madison University won this year’s annual CSBS Community Bank Case Study Competition. The competition, now finishing its fifth year, provides undergraduate students an opportunity to conduct research and gain first-hand knowledge of the banking industry. The team of five examined how their partner institution, Farmers and Merchant Bank, approached banking challenges over the past ten years and will predict

Washington D.C. – The lingering effect of the Covid-19 pandemic on local economies has created a new concern for community banks: historic levels of deposits and narrow net interest margins, according to the Conference of State Bank Supervisors’ (CSBS) eighth annual national community bank survey. The survey of nearly 500 community bankers nationwide reveals a shift from last year, when