Washington, D.C. – Community bankers nationwide shared a dismal outlook on economic conditions in the latest Community Bank Sentiment Index (CBSI), released today by the Conference of State Bank Supervisors (CSBS). The quarterly survey dropped to 83, falling two points from the previous quarter and to its lowest level since the survey began in 2019. Five of the seven components
CSBS today announced student teams from the following four universities have advanced to the final round of the 2023 CSBS Data Analytics Competition: Carnegie Mellon University Georgetown University Kennesaw State University William & Mary In the third year of the CSBS Data Analytics Competition, student teams developed data analytics models that examined the potential impact on community banks (earnings, deposits
Washington, D.C. – The Conference of State Bank Supervisors encourages community banks to participate in its tenth Annual Community Bank Survey, open now through June 30. This is an important opportunity for community banks to share their perspectives on community banking, the economy, regulation and supervision with state and federal policymakers. This year’s questions focus on current bank conditions and
The Federal Financial Institutions Examination Council (FFIEC) today announced the selection of Charles G. Cooper to the FFIEC’s State Liaison Committee (SLC) for the term that runs from May 1, 2023, through April 30, 2025. Concurrently, the SLC announced Mr. Cooper as its chairman for a one-year term that runs until April 30, 2024. Mr. Cooper is the Commissioner of
A student team from William & Mary has won the 2023 Data Analytics Competition, the Conference of State Bank Supervisors announced today. The annual Data Analytics Competition engages CSBS with the academic community. This year’s competition, held virtually on May 4, challenged students to develop a data analytics model that examines the potential impact on banks from the recent rapidly rising interest rate
Washington, D.C. – Community bankers nationwide continue to have a fairly pessimistic view of the economy, but their outlook ticked up slightly in the third quarter, according to the Community Bank Sentiment Index (CBSI) released today by the Conference of State Bank Supervisors (CSBS). The third quarter 2022 CBSI rebounded seven points from its all-time low of 84 experienced in
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) has named Karen K. Lawson as executive vice president for policy and supervision. In her new role, Lawson is a member of the CSBS executive leadership team and oversees the policy and supervision business unit. She will lead and coordinate CSBS’s legislative, regulatory and bank/nonbank supervisory processes and be responsible
Renewal Season Starts November 1 Washington, D.C. – State regulators encourage individuals and businesses in the mortgage, money transmission, debt collection and consumer financial services industry to get ready for the Nov. 1 start of Nationwide Multistate Licensing System (NMLS) annual license renewal by taking steps to prepare in advance. More than 261,000 mortgage loan originators (MLOs) and companies are
CSBS President and CEO James M. Cooper Statement on FDIC Board Chair Nomination Washington, D.C. – “Today’s announcement from the White House means that none of the nominees to the FDIC Board will meet the requirement for state bank supervisory experience. This requirement is not only the law but also a great benefit for consumers and the banking sector when
Washington, D.C. - The Conference of State Bank Supervisors (CSBS) has opened the 2023 Data Analytics Competition for applications. Students are asked to develop a data analytics model that demonstrates the potential impact on banks, such as earnings, deposits and asset quality, from the rapidly rising interest-rate environment and how banks should prepare. This is the third year of the