CSBS Board Chair Charlie Clark Community Banking Research Conference Opening Remarks St. Louis, Oct. 2 Welcome to the twelfth annual Community Banking Research Conference. As chair of the CSBS Board of Directors, I want to thank our co-sponsors, the Federal Reserve System, and the FDIC, and I want to especially thank our host, the St. Louis Federal Reserve Bank. This
The Federal Financial Institutions Examination Council (FFIEC) today issued a new booklet to help examiners assess information technology practices. The “Development, Acquisition, and Maintenance” booklet provides examiners with fundamental examination expectations regarding entities’ development and acquisition planning and execution, governance and risk management, and maintenance and change management practices. It discusses the interconnectedness of an entity’s assets and processes and
CSBS supports state regulators in advancing the system of state financial supervision by ensuring safety, soundness and consumer protection; promoting economic growth; and fostering innovative, responsive supervision. The content in the Policy Section describes the positions of CSBS on legislation, regulations and guidance in advancing these objectives.
Download the Full Comment Letter [PDF] October 4, 2024 James P. Sheesley, Assistant Executive Secretary Attention: Comments – RIN 3064-ZA42 Federal Deposit Insurance Corporation 550 17th Street NW Washington, DC 20429 Re: Request for Information on Deposits Dear Sir or Madam, The Conference of State Bank Supervisors 1 (“CSBS”) provides the following comments on the Federal Deposit Insurance Corporation’s (“FDIC”)
Washington, D.C. – Regulatory burden has risen to the top of community banker concerns, according to the 2024 Conference of State Bank Supervisors (CSBS) Annual Community Bank Survey, released today. Cost of funds, a chief concern last year, tied as a top external risk for surveyed bankers. This is the eleventh year CSBS has conducted the survey, which captures the
St. Louis – A paper on regulatory risk perception earned the John W. Ryan Award for Most Significant Contribution to 2024 Community Banking Research at the Community Banking Research Conference. The Community Banking Research Conference, co-sponsored by CSBS, the Federal Reserve System, and the FDIC, is held annually in St. Louis. The conference's planning committee chose the paper titled "
Download the Full Comment Letter [PDF] October 10, 2024 James P. Sheesley, Assistant Executive Secretary Attention: Comments – RIN 3064-AF88 Federal Deposit Insurance Corporation 550 17th Street NW Washington, DC 20429 Re: Parent Companies of Industrial Banks and Industrial Loan Companies Dear Sir: The Conference of State Bank Supervisors 1 (“CSBS”) provides the following comments on the Federal Deposit Insurance
Each year, the CSBS Education Foundation (CSBSEF) conducts a competition to award scholarships to three state banking department personnel to attend the graduate school of banking or graduate trust school of their choice.
Washington, D.C. - Community bankers nationwide have a brighter outlook, despite continued concerns about regulatory burden. The Community Bank Sentiment Index (CBSI) moved past neutral, signaling an improved sentiment for the first time in more than three years, the Conference of State Bank Supervisors (CSBS) announced today. The third quarter 2024 CBSI moved up 11 points to 110, the first
The Bankers Electronic Crimes Taskforce, state financial regulators, and the United States Secret Service collaborated to develop this tool to help financial institutions periodically assess their efforts to mitigate risks associated with ransomware and identify gaps for increasing security.