Washington, D.C. – State financial regulators, joined by the Bankers Electronic Crimes Task Force and the U.S. Secret Service, today issued a self-assessment tool to banks they supervise in an effort to help mitigate ransomware attacks. “Ransomware is a major threat to the financial services industry,” said Texas Banking Commissioner Charles G. Cooper, who leads the Bankers’ Electronic Crimes Task

Washington, D.C. – Community bankers’ assessment about future economic and financial conditions improved at the end of 2020 but still indicates a marginally negative outlook that falls well below confidence levels before the COVID-19 pandemic and economic lockdowns, according to the most recent Community Bank Sentiment Index (CBSI). The Conference of State Bank Supervisors publicly released the fourth quarter CBSI

Washington, D.C. - The Conference of State Bank Supervisors (CSBS) today named a student team from the University of Tennessee-Martin as winner of the 2023 Community Bank Case Study Competition. Teams from Iowa State University and Messiah University in Mechanicsburg, Pa., placed second and third, respectively. “The work of these three teams was top rate, and we are pleased to

Washington, D.C. – The nation’s sluggish economy is being felt at the local level. Community bankers across the nation ranked net interest margins, economic conditions and loan demand as their highest external risks in the CSBS 2022 National Survey of Community Banks, released today. State regulators canvassed about 500 community banks nationwide for its ninth annual survey. Respondents’ concerns mirror

Washington, D.C. – Community bankers have a pessimistic view of the economy driven by diminished expectations of future business conditions, according to the most recent Community Bank Sentiment Index (CBSI). The Conference of State Bank Supervisors (CSBS) released the first quarter 2022 CBSI results today, collecting data from community banks across the nation during the month of March. The results

Washington, D.C.- The Conference of State Bank Supervisors (CSBS) today named the student team from James Madison University as winners of the 2022 Community Bank Case Study Competition. The annual competition provides undergraduate students with valuable first-hand insight into the banking industry. This year, student teams partnered with local community banks to examine how community banks have navigated changes over

Washington, D.C.— State bank supervisors have re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve as the state banking representative on the Financial Stability Oversight Council (FSOC). This is Commissioner Cooper’s third consecutive term as the state banking representative. "In today’s dynamic environment, regulatory coordination is critical for a safe and well-functioning financial system. Commissioner Cooper brings a

Nearly 100% Believe U.S. Economy is in a Recession Washington, D.C. – Community bankers are starting the year with a negative economic outlook and largely believe the nation is in a recession, according to the most recent quarterly Community Bank Sentiment Index (CBSI), released today by the Conference of State Bank Supervisors (CSBS). The CBSI fell six points to 85

Washington, D.C. – Today, the Financial Stability Oversight Council (FSOC) released a report on nonbank mortgage servicing, including far-reaching recommendations with potentially significant consequences for the United States mortgage market and American home buyers. The Conference of State Bank Supervisors (CSBS) applauds the leadership of New York State Department of Financial Services Superintendent Adrienne Harris, the state representative on the

Teams will examine how banks are planning for the future Washington, D.C. – Thirty-four student teams from 28 colleges and universities across the nation have entered the 2023 CSBS Community Bank Case Study Competition. Each team has partnered with a local community bank to learn how it is recruiting and retaining talent, approaching succession planning and using technology to advance