The Conference of State Bank Supervisors (CSBS) has established a new advisory group to provide counsel and perspective to CSBS and state financial supervisors on the development and use of artificial intelligence (AI) in the financial services sector. The CSBS Artificial Intelligence Advisory Group includes experts from academic institutions, the financial industry, and nonprofit organizations. “Artificial intelligence presents significant opportunities
Specialty Certification Certified Senior Consumer Protection Examiner Objectives of the Compliance Examiner Certification Program: To achieve recognition of the specialized knowledge, skills, and abilities required for the examination of consumer finance and debt collection companies of all sizes and complexities to determine their compliance with state and federal consumer protection laws and regulations applicable to regulated entities. To promote continuing
Washington, D.C. — The Conference of State Bank Supervisors (CSBS) announced today two strategic hires and a key promotion to strengthen CSBS’s advocacy efforts and advance its accreditation and workforce development vision. Sabrina Bergen joins CSBS as Chief of Staff, Policy & Supervision, effective today. She will provide cross-functional leadership across the Policy & Supervision business unit and bring her
Washington, D.C. — The Conference of State Bank Supervisors (CSBS) today announced the launch of the Economic Research and Policy Scholars Program, designed to advance research on critical issues related to the nation's dual-banking system, community banking, financial services innovation, and economic growth. The Scholars Program consists of distinguished scholars selected from academic institutions nationwide for their expertise and contributions
Washington, D.C. – Today, at a Women in Housing and Finance event, FDIC Vice Chairman Travis Hill commented on the agency’s corporate governance proposal, raising concerns and noting that the FDIC is continuing its work on the guidelines. “There is simply no rationale for the FDIC to proceed with this proposal,” said CSBS President and CEO Brandon Milhorn. “The corporate
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
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 Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies, recognize the serious impact of Hurricane Helene on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies
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 "
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