Press Releases

The South Carolina State Board of Financial Institutions receives its first bank accreditation by CSBS, certifying it maintains the highest standards and practices for state bank supervision.

The Federal Financial Institutions Examination Council (FFIEC) members issued a joint statement alerting financial institutions to recent actions taken by the Department of Treasury’s Office of Foreign Asset Control (OFAC) under their Cyber-Relate

All state-chartered nonbanks that wish to continue doing business in 2019 must renew their licenses by year's end

CSBS CEO: "Common sense and the law tell us that a nonbank is not a bank."

The agencies help banks prepare for another hurricane

The goal of the index is to provide an important barometer on the economic and business conditions of community banks.

MSB transactions totaling $1.24 trillion, a concentrated money transmission sector processing $685 billion, and 1 in 5 transactions are foreign transfers.

For the first time since the survey began, compliance costs are coming down.