State-Federal Collaboration
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State-Federal Collaboration News

Blog post

Rising From the Ashes: A Look Inside the Maui Wildfire Relief Effort

Just after midnight on Aug. 8, 2023, a brush fire began in central Maui. Within 24 hours, the fire had burned approximately 1,000 acres of land, destroying the town of Lahaina and displacing hundreds of families from their homes, jobs, and livelihoods. “The unique feature of this particular disaster was how many buildings were completely lost,” said Assistant Secretary for
September 19, 2024
Videos

Maui Wildfires - State & Federal Regulator Response

When the Maui Wildfires devasted the island and destroyed the town of Lahaina, state and federal mortgage regulators came together to help victims who lost their homes and livelihoods. Guests In order of appearance: Iris Ikeda - Commissioner of Financial Institutions, Hawaii Department of Commerce and Consumer Affairs Julia Gordon - Assistant Secretary for Housing and Federal Housing Commissioner, The
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September 19, 2024
Press Room

The Critical Role of the Dual-Banking System

CSBS President and CEO Brandon Milhorn speaks before the American Bar Association Banking Law Committee on the importance of a state-federal financial regulatory system.
September 19, 2024
Press Room

Agencies Share Supervisory Practices for Institutions Affected by Idalia

The Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies, recognize the serious impact of Hurricane Idalia on the customers and operations of many financial institutions and will provide appropriate regulatory
September 19, 2024
Press Room

Regulators Issue Guidance for Financial Institutions Impacted by Hawaii Wildfires

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Hawaii Department of Commerce and Consumer Affairs’ Division of Financial Institutions, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the recent
September 19, 2024
Press Room

Joint Statement on Managing the LIBOR Transition

Purpose Five federal financial institution regulatory agencies, 1 in conjunction with the state bank and state credit union regulators, (collectively, agencies) are jointly issuing this statement to emphasize the expectation that supervised institutions with LIBOR exposure continue to progress toward an orderly transition away from LIBOR. Additionally, this statement includes
September 19, 2024
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Mortgage Servicing

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