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The Examiner

In the Spring, at the end of the day, you should smell like dirt.

- Margaret Atwood
Canadian poet and novelist

Community Bank Research Conference Updates

Governor Quarles to Speak at 2018 Conference

The Federal Reserve Vice Chair for Supervision Randal K. Quarles will deliver one of the keynote addresses during the sixth annual Community Banking in the 21st Century research and policy conference that will be held October 3 - 4 at the Federal Reserve Bank of St. Louis. The conference, hosted by the Federal Reserve System and the Conference of State Bank Supervisors (CSBS), brings together community bankers, academics, policymakers and bank regulators from across the country to discuss the latest academic research on community banking, as well as important policy issues facing the sector. Other guest speakers will include Federal Reserve Bank of St. Louis President James Bullard, Commissioner of the Mississippi Department of Banking and Consumer Finance and CSBS Chair-elect Charlotte Corley, and CSBS President and CEO John Ryan.
Learn more about the 2018 conference
2018 National Survey to go "live" on April 16

The 2018 National Survey of Community Banks will be available starting April 16. Since 2014, the National Survey has enabled community banks to inform policymakers and researchers about the opportunities and challenges facing the banking industry. The survey has been widely cited in media reports and policy analyses and has been used to support academic research on community banking. The survey is administered by the state banking commissioners and is open to all community banks in the U.S. through June 30. The findings from the 2018 survey will be released on October 4, during the second day of the 2018 Community Banking in the 21st Century research and policy conference.

Read the findings from the 2017 National Survey

Conference Call for papers open through June 15
The 2018 Community Banking in the 21st Century conference planning committee is seeking papers that explore all aspects of community banking, including: the role of community banks in the U.S. financial system; advantages and disadvantages of the community bank business model; the effects of government policy on community banks; significant challenges faced by community banks and new opportunities for community banks. The deadline to submit a detailed abstract or completed paper is June 15. Authors of accepted papers will be notified by August 3. The conference committee will issue a new award this year to recognize the accepted paper that it identifies as making the most significant contribution to banking policy.
Read the 2018 Call for Papers

Banking Agencies Finalize Revisions to Streamline the Call Report

The three federal banking agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), are finalizing revisions to streamline the “Call Report” as part of their efforts to reduce data reporting and other burdens for financial institutions.

The changes finalized by the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency would remove or consolidate a number of data items and add a new or raise certain existing reporting thresholds in the three versions of the Call Report. The revisions, which were proposed in November 2017, will take effect as of the June 30, 2018, report date.

Combined with prior revisions to the Call Report, approximately 51 percent of required data items for smaller, less complex institutions, and 28 percent of required data items for all other institutions have been changed.

The agencies will conduct a webinar for bankers on April 5, 2018, to discuss the Call Report revisions and other reporting changes.

All institutions, regardless of size, submit a quarterly Call Report that includes data used by regulators to monitor the condition, performance, and risk of individual institutions and the industry as a whole.

.BANK Provides Verified Domains to Banks

fTLD Registry Services (fTLD) operates the .BANK domain as the gated community reserved for verified members of the banking industry. Similar to .EDU for educational institutions and .GOV for government organizations, .BANK is the online stamp of trust for banks. .BANK acts as a visual cue for customers and employees, verifying the authenticity of a bank’s digital communications and online banking platform so they can quickly recognize and trust their bank online and ignore malicious spoofed sites and phishing emails that do not end in .BANK.

What differentiates .BANK from other common domains (e.g., .com) are its verification of eligibility, ensuring bad actors cannot enter the space, and its regularly monitored security requirements.  .BANK is a straightforward way for banks to add layers of protection for themselves and their customers. fTLD monitors for compliance with all security requirements, notifies banks and their registrars of non-compliance and assists new and existing .BANK’ers with getting security measures in place.

The Department of Homeland Security’s October 2017 decision to require HTTPS (i.e., strong encryption) and DMARC (i.e., authenticated email) for all government organizations brings two core .BANK requirements, that have been in place since 2011, front and center. This new mandate has also contributed to increasing public awareness about how these measures protect the public from malicious attacks, placing additional pressure on organizations, such as banks, to move forward with HTTPS and DMARC.

Learn More about .BANK vs. Phishing and Breaches