Download the Full Comment Letter [PDF] Jennifer Jones, Senior Counsel and Deputy Executive Secretary Attention: Comments/Legal OES (RIN 3064-ZA45) Federal Deposit Insurance Corporation 550 17th Street NW Washington, D.C. 20429 Re: Proposed Rescission and Reinstatement of Statement of Policy Dear Ms. Jones, The Conference of State Bank Supervisors 1 (“CSBS”) supports the Federal Deposit Insurance Corporation’s (“FDIC”) proposed rescission of
Washington, D.C. - Community bankers report an overall positive economic outlook for a third consecutive quarter, but their confidence in future business conditions is fading, according to the first quarter Community Bank Sentiment Index (CBSI) results. The Conference of State Bank Supervisors (CSBS) polls community banks nationwide quarterly to gauge their sentiment in seven economic components. A score of 100
State regulators call for changes to support innovation, stability, and predictability Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today raised serious concerns about stablecoin legislation in a letter to House Financial Services Committee leadership. CSBS previously expressed similar concerns about the Senate stablecoin bill. “Without the adoption of critical changes, the legislation will fall short of establishing
By CSBS Chief Economist Thomas F. Siems, Ph.D. Community bankers indicated both greater optimism and more uncertainty in the CSBS first quarter 2025 survey. While optimism and uncertainty generally move in opposite directions, future expectations for three of the index’s components seem to create a thought-provoking narrative in these uncertain times. Community bankers’ optimism stems primarily from hopes that the
Financial institutions collect and protect highly sensitive information every day. The financial services industry is a vital component of the nation’s critical infrastructure—banks and nonbank financial institutions are the cornerstones of local communities, intrastate commerce, and the U.S. economy. As CEOs, Executives, and/or Board Members, you have the responsibility to adequately protect the money and information entrusted to you by
CSBS conducts, sponsors and supports research initiatives spanning the financial system. Each year, CSBS co-sponsors an annual community banking conference with the federal reserve, conducts a survey of community banks, sponsors an undergraduate community bank research conversation, and more. On a quarterly basis, CSBS surveys community banks for their sentiment. CSBS staff also release white papers and periodic risk reports
CSBS and state regulators work together to create consistent regulatory standards for nonbank firms through the adoption of model laws. CSBS’s model laws provide a clear nationwide framework for state legislatures to enact and state regulatory agencies to implement. Model laws provide businesses with consistent requirements and promote common standards and practices across the state system, ultimately benefiting consumers. Explore
Our in-person and online programs range from basic examiner training and continuing education, to executive programs for senior department personnel. We also collaborate directly with state banking departmenets to develop, deliver, and manage all aspects of professional development and training programs that can be customized, held in-state or regionally, and competitvely priced to keep training costs as affordable as possible.