DEFINITION of 'Conference Of State Bank Supervisors - CSBS'

A national organization founded in 1902 to further advance the ideas and professionalism for state banking departments. The Conference of State Bank Supervisors (CSBS) is also an advocate for the interests of state banking to the respective state legislative and regulatory agencies. The CSBS also provides training and continued educations for examiner professionals.


BREAKING DOWN 'Conference Of State Bank Supervisors - CSBS'

One of the CSBS's main goals is to advance and protect the United States' dual banking system and to prevent any federal regulatory preemption of state laws that could endanger that dual banking system. Acting as the single voice to congress for state banks, the CSBS also enhances cooperation between state and federal regulators to improve oversight.



RELATED TERMS
  1. Dual Banking System

    The system of banking that exists in the United States in which ...
  2. State Bank

    A financial institution that has been chartered by a state to ...
  3. Primary Regulator

    The state or federal regulatory agency that is the primary supervising ...
  4. Bank

    A financial institution licensed as a receiver of deposits. There ...
  5. McFadden Act

    Federal legislation that gave individual states the authority ...
  6. National Bank

    In the United States, a commercial bank chartered by the comptroller ...
Related Articles
  1. Investing

    Introduction To The Chinese Banking System

    As China steps into a greater role in the global economic system, their banking system continues to evolve.
  2. Insights

    A Brief History of U.S. Banking Regulation

    From the establishment of the First Bank of the United States to Dodd-Frank, American banking regulation has followed the path of a swinging pendulum.
  3. Trading

    Financial Regulators: Who They Are And What They Do

    Find out how these government agencies govern the financial markets.
  4. Personal Finance

    What Does a Central Bank Do?

    A central bank oversees a nation’s monetary system.
  5. Trading

    Explaining the Federal Reserve System

    The Federal Reserve System is the central bank of the United States. It regulates monetary policy and supervises the nation’s banking system.
  6. Personal Finance

    Retail Banking Vs. Corporate Banking

    Retail banking is the visible face of banking to the general public. Corporate banking, also known as business banking, refers to the aspect of banking that deals with corporate customers.
  7. Insights

    Why Don’t Regulators Check All Financial Professionals?

    Reports indicate that there is a growing need for increased supervision of brokers.
  8. Insights

    What's the 1913 Federal Reserve Act?

    The 1913 Federal Reserve Act was a pivotal congressional act that helped establish the Federal Reserve System as it exists today. It is one of the United States financial system’s most influential ...
  9. Investing

    What's a Correspondent Bank?

    A correspondent bank is a bank that acts on behalf of another bank, usually a foreign bank.
  10. Tech

    What Are the Biggest Risks Associated With Banks Today?

    Evolving mechanisms and techniques of cybercrime have become the most severe risk associated with banks today.
RELATED FAQS
  1. What are key government regulations that affect investing in the banking sector?

    Discover how the global financial crisis of 2008 changed the face of banking in the United States and around the world by ... Read Answer >>
  2. What are some of the major regulatory agencies responsible for overseeing financial ...

    Discover the specific responsibilities of some of the major regulatory agencies that oversee financial institutions in the ... Read Answer >>
  3. How are investment banks regulated in the United States?

    Read about the extensive regulations placed on investment banks in the United States, beginning with the Glass-Steagall Act ... Read Answer >>
  4. What are the best and worst states to pay taxes in?

    Explore and compare the wide variations that exist in the overall tax burden imposed by different states, including which ... Read Answer >>
  5. What is the average profit margin for a company in the banking sector?

    Learn what the average profit margin is for companies in the banking sector, along with other evaluation metrics often used ... Read Answer >>
Trading Center