Blog | CSBS

Despite Optimism, Community Bankers Aren’t Fully Convinced of an Economic Soft Landing

By Thomas F. Siems, Ph.D., CSBS Chief Economist After nearly three years, community banker sentiment is signaling an encouraging outlook. The CSBS third quarter 2024 Community Bank Sentiment Index (CBSI) indicates that community bankers are the most optimistic they have been since mid-2021, although some concerns persist. The Federal Reserve’s aggressive monetary policy tightening in 2022 and 2023, and the

NMLS Enhancement: New Designs, Profile Dashboard and Survey Option

NMLS has more than 600,000 industry users annually. Most of these users access the system during the annual license or registration renewal period. That is why in addition to improving how users log in to NMLS and manage their credentials with self-service options, CSBS has updated the system to include the following features: New Login Screen Design The NMLS login

NMLS Enhancement: Reset an NMLS Username and Password with Ease

CSBS has enhanced NMLS to provide users more self-service options to reset their username and password without having to contact the NMLS Call Center or their account administrator. This enhancement puts the ability to manage a personal task back into the hands of system users. The new username and password reset process follows best practices for maintaining secure NMLS access

NMLS Enhancement: Single Login to Access All NMLS Accounts

CSBS has enhanced NMLS to provide industry users with a simplified account setup and management process. The new streamlined and secure process allows NMLS industry users to create one username and password to access NMLS. This enhancement improves the account management process for more than 50,000 NMLS users who have more than one account. How it works The username for

NMLS Modernization Phase One is Live - What's Changed and What Comes Next

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For more information on updates to NMLS Modernization and how to get involved, visit the NMLS Modernization page on the CSBS website . Since the NMLS Annual Conference & Training in February, there’s been a lot of excitement around “NMLS Modernization.” Today, CSBS launched several new features and changes in

https://www.buzzsprout.com/1666465/15343590-nmls-modernization-phase-one-is-live-what-s-changed-and-what-comes-next

Community Bankers’ Success Hinges on Managing Growing Uncertainties

By Thomas F. Siems, Ph.D., CSBS Chief Economist The CSBS second quarter 2024 Community Bank Sentiment Index (CBSI) indicates that community bankers are less pessimistic than they have been since the end of 2021, but some concerns persist. The Federal Reserve’s aggressive monetary policy tightening over the past 27 months has significantly raised interest rates, resulting in greater deposit competition

Charting Uncertain Waters - Q2 Community Bank Sentiment Index

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Community banker sentiment remains near-neutral for a second quarter but is still rising; in the second quarter of 2024, the Community Bank Sentiment Index (CBSI) reached its highest level recorded since 2021. CSBS Chief Economist Tom Siems joins us today to explore what is driving a near-neutral sentiment from community

https://www.buzzsprout.com/1666465/15378450-charting-uncertain-waters-q2-community-bank-sentiment-index

Has the Interest Rate Pinch Finally Arrived?

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Are we finally starting to see the long-awaited cooldown in economic activity? CSBS Chief Economist Tom Siems takes us along for a deep dive into interest rate data, market fluctuations, and the current state of commercial real estate and office lending. And, as always, we ask: what should regulators and

https://www.buzzsprout.com/1666465/15132138-has-the-interest-rate-pinch-finally-arrived

Networked Supervision “Makes Us All Better”

CSBS is pleased to introduce a new blog series featuring staff across the state financial system who are going above and beyond to empower the multistate network for better supervision and industry compliance. Congratulations to our CSBS Networked Supervision Champions. “Networked Supervi sion makes us all better!” Jeff Peterson is not shy about saying that up front. The senior financial

Measuring NMLS User Satisfaction to Inform System Enhancements

In November 2023, we invited more than 60,000 NMLS users to participate in a survey to measure their satisfaction with the system and over 1,400 responded. The survey consisted of two parts: customer satisfaction and system usability. Survey results suggested that, on average, 85% of users are satisfied with their NMLS experience. However, survey comments indicated there are aspects of