It is with great sadness that we announce that John W. Ryan, President and Chief Executive Officer of CSBS, died unexpectedly late yesterday in Washington, D.C. “On behalf of the CSBS Board of Directors, executive team, staff and membership, we extend our deepest sympathies to John’s family and everyone who knew and worked with John over his more than 30-year
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of Director of the Indiana Department of Financial Institutions Tom Fite as the new chair of the Board of Directors. “The annual meeting was long scheduled. As we mourn the loss of long time CSBS President and CEO John Ryan, who died suddenly of natural causes
If you are interested in sending condolences to John's husband Tom or to John's family, more information is available here. We are profoundly saddened by the loss of our leader and friend, CSBS President and CEO John W. Ryan, who died unexpectedly of natural causes on May 16. John was a steadfast advocate of the state financial system who combined
Washington, D.C. – In letters sent to both the House and Senate today, Conference of State Bank Supervisors Acting President & CEO James M. Cooper urged Members of Congress to provide marijuana businesses with access to financial services by retaining the Secure and Fair Enforcement (SAFE) Banking Act in the final conference report of the America COMPETES Act. “By granting
Washington, D.C. — The Conference of State Bank Supervisors Board of Directors has announced the appointment of James M. Cooper as president and CEO. Cooper had served as acting president and CEO after the sudden death of CSBS leader John W. Ryan on May 16. Cooper’s appointment follows a nine-year tenure at CSBS, during which he directed policy and supervision
Washington, D.C.— Community bankers’ collective view of future business conditions and the economy plummeted in the last quarter, according to the Community Bank Sentiment Index (CBSI), released today. While the start of the year showed some concerns, the second-quarter 2022 CBSI dove to 84 points, down 13 points from the last quarter. The current value is its lowest level since
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
CSBS President and CEO Jim Cooper Statement on Senate Confirmation of Michael Barr as Federal Reserve Board of Governors Vice Chair for Supervision “State regulators congratulate Michael Barr on his confirmation as the Vice Chair for Supervision. He serves an important role that requires close coordination with state regulators and the banking industry. It is also crucial to have a
Washington, D.C. — The Conference of State Bank Supervisors released today two new tools for nonbank financial services companies to improve their cybersecurity posture. The Baseline Nonbank Cybersecurity Exam Program and the Enhanced Nonbank Cybersecurity Exam Program are tools used by state examiners nationwide to assess the cyber preparedness of nonbank entities. The release of these tools provides these institutions
Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Tornadoes The Office of the Comptroller of the Currency, Federal Reserve Board, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the state regulators, collectively the agencies, recognize the serious impact of tornadoes on the customers and operations of many financial