Overview
What is Conference Of State Bank Supervisors?
The Conference of State Bank Supervisors (CSBS) is a prominent national organization representing banking and financial regulators from all 50 U.S. states and territories. With a mission to strengthen financial regulation for the benefit of consumers and communities, CSBS operates the Nationwide Multistate Licensing System and Registry (NMLS), which licenses and registers non-bank financial service providers. CSBS fosters collaboration and policy development, and offers professional development opportunities to its member agencies. Their regulatory jurisdiction covers various financial activities, including insured depository institutions like banks, credit unions, and thrifts, as well as non-bank financial services providers, such as mortgage lenders and brokers, consumer finance lenders, payday lenders, check cashers, and money services businesses. CSBS's NMLS platform has been instrumental in bringing regulatory efficiency and accountability to the mortgage industry and other non-bank financial services providers since its inception in 2008. The organization currently has 196 employees.
Official website here: www.csbs.org
Is Conference Of State Bank Supervisors legitimate?
Conference Of State Bank Supervisors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conference Of State Bank Supervisors submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,954,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,466,159
For more financial information, click here
Official website here: www.csbs.org
What is the mission statement of Conference Of State Bank Supervisors?
The Conference of State Bank Supervisors (CSBS) serves as the national organization for state banking and financial regulators in the United States. Their primary role is to educate and inform policy makers, consumers, and stakeholders about issues affecting state banking and financial services markets. CSBS also operates the Nationwide Multi-State Licensing System and Registry (NMLS) to license and register nonbank financial service providers. CSBS supports its member agencies by providing a forum for collaborating and developing policies that strengthen financial regulation for the benefit of consumers and communities. They offer various professional development and training programs and provide assistance as members promote safety and soundness, consumer protection, and economic growth. CSBS fosters innovative, responsive supervision, regulating various financial activities including insured deposit institutions and nonbank financial services providers.
Official website here: www.csbs.org
Who is the CEO of Conference Of State Bank Supervisors?
James M Cooper is the Principal Officer of Conference Of State Bank Supervisors. The CEO's salary of Conference Of State Bank Supervisors is $431,595 and their total compensation is $513,252.
Official website here: www.csbs.org
What is the revenue of Conference Of State Bank Supervisors?
Conference Of State Bank Supervisors's revenue in 2022 was $107,628,406.
Official website here: www.csbs.org
Who are the executives of Conference Of State Bank Supervisors and what are their salaries?
The average compensation at Conference Of State Bank Supervisors during 2022 was $139,902. There are 196 employees and 77 volunteers at Conference Of State Bank Supervisors.
Here are 35 key members and their salaries (Conference Of State Bank Supervisors's CEO's salary is $431,595 and their total compensation is $513,252):
- James Cooper (President And Ceo (As Of 5/22))
- Thomas Harlow (Evp, Products And Solutions (Thru 8/22))
- Ngoc Vu (Chief Information Officer)
- John Ryan (President And Ceo (Thru 5/22))
- Margaret Liu (Evp, Strategic Engagement)
- Kelly Haire (Evp, People Operations)
- John Gorman (General Counsel)
- Todd Scharf Sr (Chief Information Security Officer)
- Vickie Peck (Interim Evp, Products And Solutions)
- Kevin Quinn (Svp, Enterprise Infrastructure)
- Daniel Valerian (Svp, Product Management)
- Leila Green (Evp And Cfo, Finance And Office Ops)
- Karen Lawson (Evp, Policy & Supervision)
- Tom Fite (Chair (As Of 6/22)) [Trustee/Director]
- Lisa Kruse (Chair Elect (As Of 6/22)) [Trustee/Director]
- Melanie Hall (Immediate Past Chair (As Of 6/22)) [Trustee/Director]
- Charlie Clark (Vice Chair (As Of 6/22)) [Trustee/Director]
- Tony Salazar (Treasurer (As Of 6/22)) [Trustee/Director]
- Roshunda Kelly (Secretary (As Of 6/22)) [Trustee/Director]
- Iris Ikeda (Member-At-Large (Thru 5/22)) [Trustee/Director]
- Jeff Plagge (Member-At-Large) [Trustee/Director]
- Kelly Lammers (Csbsef Board Chair) [Trustee/Director]
- Kevin Hagler (Srr Chair) [Trustee/Director]
- Mary Gallagher (Leg Cmte Chair) [Trustee/Director]
- Roberta Hollinshead (Reg Cmte Chair (As Of 6/22)) [Trustee/Director]
- Ed Gill (Nds Cmte Chair (Thru 12/22)) [Trustee/Director]
- Dawn Holstein (Sspc Chair) [Trustee/Director]
- Mike Hill (Co-Chair, Bab) [Trustee/Director]
- Andy Anderson (Co-Chair, Bab) [Trustee/Director]
- Jorge Perez (District I Chair) [Trustee/Director]
- Kevin Allard (District Ii Chair) [Trustee/Director]
- Susannah Marshall (District Iii Chair) [Trustee/Director]
- Charles Cooper (District Iv Chair) [Trustee/Director]
- Shaun Berrett (District V Chair) [Trustee/Director]
- Adrienne Harris (Member-At-Large (As Of 6/22)) [Trustee/Director]
Official website here: www.csbs.org
Where can I find the form 990 for Conference Of State Bank Supervisors?
The Conference Of State Bank Supervisors’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.csbs.org
Learn more at the official website: www.csbs.org
Mission Statement of Conference Of State Bank Supervisors
The Conference of State Bank Supervisors (CSBS) serves as the national organization for state banking and financial regulators in the United States. This esteemed body educates and informs policy makers, consumers, and other stakeholders about the issues impacting states' banking and financial services markets. CSBS advocates on behalf of state regulators, operating the Nationwide Multistate Licensing System and Registry (NMLS) to license and register nonbank financial service providers.
CSBS's mission is to foster a network of financial regulators across all 50 U.S. states and territories. The organization provides its member agencies with essential resources to strengthen financial regulation, ensuring the benefit of consumers and communities. CSBS offers a platform for collaboration and policy development, promoting safety and soundness, consumer protection, and economic growth. Additionally, the organization supports innovative, responsive supervision.
The state banking departments overseen by CSBS regulate various financial activities within their jurisdictions. These activities include insured depository institutions, such as banks, credit unions, and thrifts, as well as nonbank financial services providers, including mortgage lenders, mortgage brokers, consumer finance lenders, payday lenders, check cashes, and money services businesses (MSBs). By facilitating a strong regulatory environment, CSBS plays a crucial role in maintaining the stability and integrity of the financial sector.
Impact
This information is meant to be a general summary of Conference Of State Bank Supervisors. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Conference of State Bank Supervisors (CSBS) has a significant impact on the regulation and supervision of financial services in the United States. CSBS, through its ownership and operation of the Nationwide Multistate Licensing System (NMLS), plays a crucial role in licensing and registering nonbank financial service providers, particularly in the mortgage industry.
The NMLS, established in 2008 and codified by Congress in the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), enhances consumer protection and reduces fraud by setting minimum standards for licensing and registration of state-licensed mortgage loan originators (MLOs). This system ensures that state-licensed financial services companies and MLOs maintain active licenses and registrations, promoting accountability and regulatory efficiency.
In 2022, nearly 700,000 companies and individuals utilized the NMLS, highlighting its widespread adoption and impact on the industry. By providing a centralized platform for regulatory compliance, CSBS and the NMLS contribute to the safety and soundness of financial markets, consumer protection, and economic growth.
Overall, CSBS's efforts to support state financial regulators, promote collaboration, and facilitate innovative supervision contribute to a well-regulated financial services environment that benefits consumers and communities across the country.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NMLS PROCESSING FEES
Revenue
$85,989,610
MLO TESTING/EDUCATION
Revenue
$9,389,613
MEMBERSHIP DUES/ASSESSMENTS
Revenue
$6,631,611
EVENTS/SUMMITS
Revenue
$49,490
Organization Details
Founding Year
1996
Phone
(202) 296-2840
Principal Officer
James M Cooper
Main Address
1300 I STREET NW 700 E, WASHINGTON, DC, 20005
Website
www.csbs.org
NTEE Category
Code: S41 - Community improvement
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