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

 Third Annual “Your License is Your Business Campaign” Launches Today  


Washington, D.C., - The Conference of State Bank Supervisors (CSBS) has announced that the State Regulatory Registry, LLC (SRR), operator of the Nationwide Multistate Licensing System (NMLS), has launched its third annual “Your License is Your Business” campaign, a nationwide effort to remind businesses and individuals working in non-depository financial services that “Your License is Your Business” and to encourage early renewal of licenses within the System.

Building on the success of previous “Your License is Your Business” renewal campaigns, CSBS seeks to educate businesses and individuals, which hold more than 510,000 licenses that are managed in NMLS, that submitting renewal requests in November as opposed to December significantly reduces the chance of a license being terminated on January 1, 2017.

“Nearly all renewal requests submitted in November are approved by year-end, resulting in no disruption in the ability to conduct business,” explained Sue Clark, Director, Regulatory and Consumer Affairs for the Vermont Department of Financial Regulation and Chair of the NMLS Policy Committee. “In 2015, nearly 94 percent of all renewal applications submitted by November 30th were approved by December 31,” said Clark. In comparison, only about 53 percent of license renewals requested after December 15 were approved by year-end.

NMLS makes renewing a license easy, and yet too many licensees lose their ability to operate in January because they wait until the last minute to complete professional requirements, such as continuing education courses or background checks, and submit their renewal request late in December.

Submitting a license renewal request takes only a few minutes and can save hours of work later if the license expires.  To renew a license through NMLS, all one needs to do is log into the System, review the license record, select the state agency or agencies and license type, pay the associated fees, and submit the renewal request.  Because licensees are expected to keep their license information up-to-date throughout the year, there is only a small amount of preparatory work to do at renewal for most licensees.

Visit the NMLS Twitter account @NMLSInfo for updates on where state-licensed individuals may go to learn more information and get important updates on renewal-related news, including key dates, education opportunities, information sources, and much more.

More information about renewing through NMLS can be found on the Annual Renewal Information page of the NMLS Resource Center.

#  #  #
©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