Skip Navigation Links
2016 Press Releases
Idaho Department of Finance Earns Banking Supervision Re-accreditation
California and Missouri Begin Using Uniform Mortgage Test; 50 State Agencies Now Using the Test
North Dakota Department of Financial Institutions Receives Certificate of Mortgage Accreditation
CSBS Names Jim Kurtzke Vice President of Communications
CSBS Announces 2016 Community Bank Case Study Competition Participants
SRR Releases 2015 Annual Report
Colorado Begins Using Uniform Mortgage Test; 51 State Agencies Now Using the Test
Gonzales Appointed to FFIEC State Liaison Committee
Scott Corscadden Named New NMLS Ombudsman
FFIEC Seeks Comments on Proposed Revisions
Financial Regulators Release New Appendix for Retail Payment Systems Booklet
Face Appointed to FFIEC State Liaison Committee
Lawson Elected as State Liaison Committee Chairman
Multi-State Non-Bank Supervision Groups Release Annual Reports
CSBS Releases 2015 Annual Report
12 Student Teams Named Finalists in 2016 Community Bank Case Study Competition
CSBS and MTRA Issue White Paper on State Supervision of MSBs
CSBS Announces New Leadership
Texas Department of Savings and Mortgage Lending Receives Mortgage Reaccreditation
CSBS Announces Winners of the 2016 Community Bank Case Study Competition
CSBS Chairman Challenges State and Federal Regulators to Work Together
Illinois Begins Using Uniform Mortgage Test; 52 State Agencies Now Using the Test
West Virginia Department of Financial Institutions Receives Banking Reaccreditation
FFIEC Issues Statement on Safeguarding the Cybersecurity of Interbank Messaging and Payment Networks
Statement on the Financial CHOICE Act
Statement on Introduction of the Bank Service Company Examination Coordination Act
New Call Report to Streamline Supervision of Money Services Businesses
Fed/CSBS 2016 Community Banking Research Conference to Be Held Sept. 28-29
FFIEC Invites Public Comment on Streamlined "Call Report" for Smaller Institutions
Fed/CSBS Announce Papers Selected for the 2016 Community Banking Research Conference
Financial Regulators Release Revised Information Security Booklet
White Paper Discusses Opportunities for Community Banks to Collaborate
NMLS Launches New Capabilities to Streamline State Licensing Processes
North Carolina Commissioner Ray Grace Appointed
CSBS Releases Second Quarter NMLS
Federal Financial Institutions Examination Council Announces Availability of 2015 Data on Mortgage Lending
Federal Reserve and CSBS Release Findings from 2016 National Survey of Community Banks
Washington Department of Financial Institutions Earns Bank, Mortgage Accreditation
CSBS-Federal Reserve Research Conference Describes the Value and Business Prospects of Community Banks
FFIEC Announces Webinars in Observance of Cybersecurity Awareness Month
Maryland Office of the Commissioner of Financial Regulation Receives Accreditation of Mortgage Supervision Program
CSBS Names Tom Bayer Executive Vice President and Chief Information Officer
FFIEC Issues Frequently Asked Questions Guide on the Cybersecurity Assessment Tool
Third Annual “Your License is Your Business Campaign” Launches Today
CSBS Releases Map of State Requirements for Opening Bank Accounts for Minors
FFIEC Issues Uniform Interagency Consumer Compliance Rating System
State Regulators Oppose OCC Fintech Charter
State Regulatory Group Announces New Cyber Certification Program for Bank Examiners
Statement by the Conference of State Bank Supervisors on Comptroller’s Announcement of New Federal Charters
2017 NMLS Renewal Campaign “Your License is Your Business” Off to Strong Start
FFIEC Streamlines “Call Report” for Small Institutions
Print-Friendly   |   Email-A-Friend 


Media Release

Conference of State Bank Supervisors
        1129 20th Street, NW, 9th Floor, Washington, DC, 20036

 CSBS Releases 2015 Annual Report  

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) released today its 2015 Annual Report.  The report provides an overview of CSBS’s efforts to support state financial supervision and contribute to the success of a diverse, safe, and fair U.S. financial system.

“This Annual Report recounts the many ways during 2015 that CSBS members have made state regulation a system of strength and resiliency,” said CSBS President and CEO John W. Ryan.  “CSBS members strive to make state regulation smart, effective and fair. And the reason is clear: every day, in thousands of communities across the nation, our members regulate institutions that affect the lives of millions of consumers and thousands of small businesses.”

Highlights of the 2015 Annual Report include how state regulators increased coordination and collaboration between state regulators and other stakeholders, fostered and developed research and analytical tools, developed innovative solutions for a rapidly changing financial services industry, and provided education and training for examiners and supervisors.

2015 Highlights

  • CSBS advocated for legislation approved by Congress that:
    • Increased from $500 million to $1 billion the threshold for well-capitalized banks eligible for an 18-month exam cycle;
    • Allowed community banks to more easily quality for rural or underserved designations regarding to Ability-to-Pay rule of the Consumer Finance Protection Bureau (CFPB);
    • Expanded CFPB’s ability to exempt creditors serving rural or underserved areas from escrow requirements; and
    • Provided the CFPB with greater flexibility to treat a balloon loan as a “qualified mortgage” if such a loan was extended by a community bank or creditor operating in rural or underserved areas.
  • Nearly 1,000 community bankers from 39 states participated in the Community Banking in the 21st Century Research Conference Survey, which identified compliance costs as a rising concern.
  • Nearly 1,700 bankers from 18 states attended CSBS Executive Leadership of Cybersecurity (ELOC) events, where they gained tools and resources to address cyber issues in their banks.
  • Over 1,000 examiners from 43 agencies representing 41 states received certification through the CSBS Certification Program, further enhancing regulatory excellence at the state level.

“As the financial services industry continues its rapid progress and change, CSBS and state regulators remain committed to being at the forefront of supervision,” said Commissioner of Banks at the Massachusetts Division of Banks and CSBS Chairman David J. Cotney.  “I look forward to CSBS continuing its work in the coming years.  We’ve made significant progress in 2015, and there is still much more to do in 2016 and beyond.”

The CSBS 2015 Annual Report is available here.

#  #  #
©2017 CSBS   Terms of Use \ Privacy Policy \ Site Map
1129 20th Street, N.W., 9th Floor  \  Washington, DC  \  20036  \  Tel. 202.296.2840  \  Fax. 202.296.1928