2024 NMLS Annual Conference & Training by Brandon Milhorn CSBS President and CEO It is a privilege to address this audience of nearly 700 supporters and super users of the Nationwide Multistate Licensing System (NMLS). 1 This is a big audience, but we are a small piece of the larger NMLS universe which represents . . . 66 state supervisory
Read the Full Letter [PDF] The Honorable Patrick McHenry Chairman House Financial Services Committee Washington, DC 20515 The Honorable Maxine Waters Ranking Member House Financial Services Committee Washington, DC 20515 Chairman McHenry and Ranking Member Waters, On behalf of the Conference of State Bank Supervisors, 1 I write to relay our concerns with the U.S. Securities and Exchange Commission’s (SEC)
By CSBS Products and Solutions Executive Vice President Vickie Peck CSBS recently hosted more than 650 state regulator and industry users at the 16 th NMLS Annual Conference & Training in San Antonio, Texas. You may wonder – another year, another conference at a busy, bustling venue, but what’s new? We shared the key enhancements coming this year to the
Just after midnight on Aug. 8, 2023, a brush fire began in central Maui. Within 24 hours, the fire had burned approximately 1,000 acres of land, destroying the town of Lahaina and displacing hundreds of families from their homes, jobs, and livelihoods. “The unique feature of this particular disaster was how many buildings were completely lost,” said Assistant Secretary for
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced Jim Payne, director of examinations and assistant deputy commissioner for the Consumer and Mortgage Lending Division of the Kansas Office of the State Bank Commissioner, will continue his service as the NMLS Ombudsman for a third term, starting July 1. The NMLS Ombudsman provides state regulators and industry
The Federal Financial Institutions Examination Council (FFIEC) today announced the appointment of Raymond J. Dorado to the FFIEC’s State Liaison Committee (SLC). Dorado 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 Deputy Superintendent of the Community and Regional Banks Unit Yolanda
Washington, D.C. - The Conference of State Bank Supervisors (CSBS) today named a student team from the Commonwealth University of Pennsylvania as the winner of the 2024 Community Bank Case Study Competition. Teams from the University of Illinois-Springfield and Southeastern Louisiana University placed second and third, respectively. “These teams provided in-depth findings and innovative thinking. The Commonwealth University of Pennsylvania
Up to $82 million in virtual assets to be returned to customers Washington, D.C. — Twenty-five state financial regulators have taken collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus Financial Holdings, Inc., Plutus Lending, LLC (collectively known as “Abra”), and CEO and largest equity owner William “Bill” Barhydt for operating a cryptocurrency company without receiving the required state
Washington, D.C. - Community banks are slightly more optimistic about future economic conditions, but not enough to move the needle above neutral. The second quarter 2024 CSBS Community Bank Sentiment Index (CBSI), released today, ticked up merely 1 point to 99 compared to last quarter’s survey, remaining slightly below the neutral level of 100. While four of the seven components