State regulators remain concerned about the ability of lenders to use the internet to reach borrowers in states where payday lending is restricted. The Bureau’s 2017 Rule would not have prevented illegal payday lending, but its implementation would…
Jun 11, 2019
State regulators remain concerned about the ability of lenders to use the internet to reach borrowers in states where payday lending is restricted.
May 15, 2019
CSBS has consistently maintained that access to Federal Reserve services should be restricted to eligible institutions on an equitable and impartial basis. We are concerned that this proposal assumes state supervision is substandard to federal…
May 14, 2019
CSBS has unique insight into PACE financing as many R-PACE lenders are state-supervised non- depository institutions.
May 7, 2019
In a comment letter to House Committee on Financial Services Chairwoman Maxine Waters, CSBS supported and offered suggestions to a draft amendment to the Bank Secrecy Act.
May 7, 2019
In a comment letter to the FDIC, CSBS suggested changes to the regulatory treatment of brokered deposits and deposit interest cap methodology.
May 6, 2019
While state regulators support maintaining fair and appropriate pricing of deposit insurance for institutions that use the CBLR, we believe that the proposed revisions to the deposit insurance assessment system are ultimately unnecessary because the…
Apr 22, 2019
CSBS strongly opposes the federal agency's plan to change the Community Bank Leverage Ration in way that may actually increase the burden on community banks, despite how the framework for the rule was intended to be drafted.
Apr 9, 2019