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

Introduction Shortly after I was sworn in as Chairman of the FDIC in June of 2018, one of the first speeches I gave was at this conference. I had followed this conference for years in my former life and have come to understand and appreciate its value. I was just as delighted and honored to be able to speak before

Governor Michelle W. Bowman At the Community Banking in the 21st Century Research and Policy Conference, St. Louis, Missouri (virtual conference) Good afternoon. I'm pleased to be able to join you again virtually for this year's Community Banking in the 21st Century research and policy conference. Although I think we would all prefer to be together in person, in the

Statement from CSBS President and CEO John W. Ryan on Rohit Chopra Confirmation as CFPB Director: “State financial regulators look forward to continued partnership with the CFPB under the leadership of Director Chopra. Our work with the CFPB is a model for state-federal regulatory partnership and has served to protect consumers and ensure their access to a wide range of

Washington, D.C. – Community bankers are less optimistic about future business conditions and the economic outlook than they were earlier this year, according to the most recent Community Bank Sentiment Index (CBSI). The Conference of State Bank Supervisors (CSBS) released the third quarter 2021 CBSI results today, collecting data from community banks across the nation during the month of September

Purpose Five federal financial institution regulatory agencies, 1 in conjunction with the state bank and state credit union regulators, (collectively, agencies) are jointly issuing this statement to emphasize the expectation that supervised institutions with LIBOR exposure continue to progress toward an orderly transition away from LIBOR. Additionally, this statement includes clarification regarding new LIBOR contracts, considerations when assessing appropriateness of

Washington, D.C. – Statement from CSBS President and CEO John W. Ryan on the Report on Stablecoins by the President’s Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency: “We look forward to examining the PWG’s stablecoin report more fully and sharing our supervisory experience in this area with PWG

Statement from CSBS President and CEO John W. Ryan on Graham Steele’s Confirmation as Assistant Secretary for Financial Institutions: “State financial regulators look forward to working with Assistant Secretary Steele on oversight of our nation’s financial institutions. Close coordination between state and federal regulators protect consumers, families and communities while creating the regulatory clarity financial institutions need to innovate within