South Carolina Receives CSBS Bank Accreditation
Washington, D.C. — The Conference of State Bank Supervisors (CSBS) announced today that the South Carolina Office of the Commissioner of Banking has received a certificate of accreditation for banking supervision, certifying that the office maintains the standards and practices set by the CSBS Accreditation Program. This is the first bank accreditation for the office, led by Commissioner of Banking Robert Davis.
CSBS President and CEO John W. Ryan: “Congratulations to Commissioner Davis and all the staff at the office of the Commissioner of Banking. This accreditation demonstrates the commitment of South Carolina and Commissioner Davis to leadership and excellence in bank supervision.”
About CSBS Bank Accreditation:
The CSBS Bank & Mortgage Accreditation involves an in-depth review of an agency’s policies, procedures, and operations to determine if it meets the standards set forth by the CSBS Performance Standards Committee (PSC). The Accreditation Program helps state bank departments standardize their process, provides guidance and assistance through self-evaluations, socializes best practices for state regulation, and strengthens the state bank system by establishing a shared set of principles.