2018-10-17T11:40:44-05:00 2017-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2017-01-01 522080072 CONFERENCE OF STATE BANK SUPERVISORS INC CONF 2022962840 1129 20TH STREET NW NO 900 WASHINGTON DC 20036 THOMAS E HARLOW EVP-FINANCE & ADMINISTRATION 2022962840 2018-10-17 1 ELIZABETH HELLER P00397829 2022932200 216.59.105.130 2018-10-17 11:40:42 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8B6C6DF7A8E3B84B5AE7D1943EC3750B5C691B8F 2017 2018-06-14 16:35:46Z CSBS JOHN W RYAN 1129 20TH STREET NW NO 900 WASHINGTON DC 20036 80962258 0 X WWW.CSBS.ORG X 1996 DC TO SUPPORT THE LEADERSHIP ROLE OF STATE BANKING SUPERVISORS IN ADVANCING THE STATE BANKING SYSTEM; ENHANCING CONSUMER PROTECTION; ENSURING SAFETY AND SOUNDNESS; PROMOTING ECONOMIC GROWTH AND CONSUMER PROTECTION; AND FOSTERING INNOVATIVE STATE REGULATION OF THE FINANCIAL SERVICES INDUSTRY, THUS LESSENING THE BURDENS OF GOVERNMENT. 20 20 143 29 0 0 0 0 75153517 77626314 1495290 1764839 1944738 1571105 78593545 80962258 1543894 1544622 0 0 18321789 20168344 0 0 0 40548807 44036863 60414490 65749829 18179055 15212429 151215243 172393061 14986148 17509169 136229095 154883892 X THE MISSION OF THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS) IS TO SUPPORT STATE REGULATORS IN ADVANCING THE SYSTEM OF STATE FINANCIAL SUPERVISION BY ENSURING SAFETY, SOUNDNESS, AND CONSUMER PROTECTION; PROMOTING ECONOMIC GROWTH; AND FOSTERING INNOVATIVE, RESPONSIVE SUPERVISION.THE STATE BANKING DEPARTMENTS REGULATE VARIOUS TYPES OF FINANCIAL ACTIVITY WITHIN THEIR JURISDICTIONS, INCLUDING INSURED DEPOSITORY INSTITUTIONS SUCH AS BANKS, CREDIT UNIONS, AND THRIFTS, AND NON-DEPOSITORY FINANCIAL SERVICES PROVIDERS, SUCH AS MORTGAGE LENDERS AND MORTGAGE BROKERS, CONSUMER FINANCE LENDERS, PAYDAY LENDERS, CHECK CASHERS, AND MONEY SERVICES BUSINESSES. 0 0 50549984 219622 71760633 THE LARGEST PROGRAM IS THE ONGOING OPERATION OF THE NATIONWIDE MULTISTATE LICENSING SYSTEM AND REGISTRY (NMLS, OR THE SYSTEM). NMLS IS A WEB-BASED SYSTEM THAT ALLOWS STATE-LICENSED NON-DEPOSITORY COMPANIES, BRANCHES, AND INDIVIDUALS IN FINANCIAL SERVICES TO APPLY FOR, AMEND, UPDATE, OR RENEW A LICENSE ONLINE FOR ALL PARTICIPATING STATE AGENCIES USING A SINGLE SET OF UNIFORM APPLICATIONS. NMLS BRINGS GREATER UNIFORMITY AND TRANSPARENCY TO NON-DEPOSITORY FINANCIAL SERVICES WHILE MAINTAINING AND STRENGTHENING THE ABILITY OF STATE REGULATORS TO MONITOR FINANCIAL SERVICES AND PROTECT THEIR CITIZENS. MORTGAGE LOAN ORIGINATORS EMPLOYED BY INSURED DEPOSITORY INSTITUTIONS OR THEIR SUBSIDIARIES ARE REGISTERED THROUGH NMLS IN ACCORDANCE WITH FEDERAL REGULATIONS. NMLS BEGAN OPERATIONS ON JANUARY 2, 2008. THE STATE REGULATORY REGISTRY LLC (SRR), A WHOLLY OWNED SUBSIDIARY OF CSBS, OPERATES NMLS ON BEHALF OF STATE REGULATORS. CSBS, IN COOPERATION WITH THE AMERICAN ASSOCIATION OF RESIDENTIAL MORTGAGE REGULATORS, ESTABLISHED SRR IN SEPTEMBER 2006.THE SECURE AND FAIR ENFORCEMENT OF MORTGAGE LICENSING ACT OF 2008 (THE SAFE ACT) INTRODUCED REQUIREMENTS FOR MORTGAGE LICENSEES, SUCH AS CRIMINAL BACKGROUND CHECKS, A CREDIT HISTORY REVIEW, PRE-LICENSURE EDUCATION REQUIREMENTS, AND TESTS WITH BOTH NATIONAL AND STATE LAW CONTENT EACH APPLICANT MUST PASS TO OBTAIN A LICENSE.MAJOR MILESTONES ACHIEVED BY THE STATES, SRR, AND NMLS DURING 2017 INCLUDE:--> SRR IS IN THE PROCESS OF UPDATING THE NMLS PLATFORM USING MORE MODERN TECHNOLOGY. NEW SYSTEM REQUIREMENTS ARE BASED ON THE EXPERIENCE AND INPUT FROM STATE REGULATORS AND INDUSTRY USERS, LED BY THOSE WHO CONTINUE TO PARTICIPATE IN OUR ROBUST STAKEHOLDER ENGAGEMENT EFFORT.--> SRR BEGAN DEVELOPMENT OF THE STATE EXAMINATION SYSTEM, WHICH WILL BE AN END-TO-END EXAMINATION MANAGEMENT SYSTEM THAT SUPPORTS SUPERVISION, COMPLAINT, INVESTIGATION AND ENFORCEMENT ACTIVITIES FOR ALL NON-DEPOSITORY FINANCIAL ENTITIES. THIS WILL INCLUDE, BUT NOT BE LIMITED TO, MORTGAGE COMPANIES, MONEY SERVICES BUSINESSES, CONSUMER CREDIT COMPANIES AND DEBT COLLECTORS.--> NMLS FUNCTIONALITY WAS ENHANCED TO INCLUDE IMPLEMENTATION OF THE MONEY SERVICES BUSINESSES (MSB) CALL REPORT AND NEW REQUIREMENTS FOR ELECTRONIC SURETY BONDS (ESB). WITH THE ESB ENHANCEMENT, SURETY COMPANIES AND SURETY BOND PRODUCERS ARE NOW REQUIRED TO COMPLETE AN ANNUAL ATTESTATION REGARDING THE ACCURACY OF THEIR PROFILE, STATE AUTHORIZATIONS AND ACTIVE ASSOCIATIONS INFORMATION IN NMLS.--> STATE AGENCIES CONTINUED ADOPTION OF NMLS FOR LICENSING AND OTHER FUNCTIONALITY IN THE MSB, CONSUMER LENDING AND DEBT INDUSTRIES. AS OF YEAR-END 2017, 40 AGENCIES MANAGED MSB LICENSES IN NMLS, 30 AGENCIES MANAGED CONSUMER FINANCE LICENSES IN NMLS, AND 17 AGENCIES DEBT-RELATED LICENSES IN THE SYSTEM. IN ADDITION, 18 STATES ADOPTED THE MSB CALL REPORT, WHILE FIVE ADDITIONAL STATE AGENCIES ADOPTED NMLS FUNCTIONALITY FOR UNIFORM AUTHORIZED AGENT REPORTING. --> THE NATIONAL SAFE MLO TEST WITH UNIFORM STATE CONTENT WAS LAUNCHED ON APRIL 1, 2013 AND BY YEAR-END 2017, A TOTAL OF 57 STATE AGENCIES HAD ADOPTED THE TEST AND RETIRED THEIR RESPECTIVE STATE TESTS. --> THE 9TH ANNUAL NMLS CONFERENCE AND TRAINING WAS HELD FEBRUARY 13-16, 2017 IN AUSTIN, TEXAS. THE EVENT DREW MORE THAN 590 ATTENDEES, INCLUDING 169 REGULATORS FROM 62 STATE AND TERRITORIAL AGENCIES. THE AGENDA INCLUDED SESSIONS FOR ALL NMLS USERS, AS WELL AS SESSIONS DESIGNED FOR THE MORTGAGE, MONEY SERVICES BUSINESSES, DEBT AND CONSUMER FINANCE INDUSTRIES.--> THE NMLS RESOURCE CENTER AND THE FEDERAL REGISTRY RESOURCE CENTER CONTINUED TO PROVIDE NMLS USERS WITH RESOURCES AND MATERIALS TO ASSIST IN NAVIGATING THE SYSTEM AND WAS CONTINUALLY UPDATED WITH NEWS AND EVENTS OF INTEREST TO USERS. IN 2017, THE TWO RESOURCE CENTERS HAD MORE THAN 1.8 MILLION UNIQUE VISITORS WHO VIEWED OVER 3.4 MILLION PAGES.--> AT THE END OF 2017, NMLS CONTAINED ACTIVE STATE LICENSES OR FEDERAL REGISTRATIONS FOR OVER 32,000 UNIQUE COMPANIES AND OVER 579,000 INDIVIDUAL LICENSED OR REGISTERED MLOS. --> NMLS ADMINISTERED MORE THAN 53,000 TEST COMPONENTS. SRR STAFF ALSO SUPERVISED 117 COURSE PROVIDERS WHO DELIVERED OVER 2.5 MILLION HOURS OF EDUCATION THROUGH MORE THAN 1,600 NMLS-APPROVED COURSES IN 2017.--> SRR HELD TWO PUBLIC INDUSTRY MEETINGS WITH THE NMLS OMBUDSMAN.--> THE NMLS CALL CENTER ANSWERED MORE THAN 484,000 INQUIRIES FROM USERS. THE CALL CENTER RESPONDS DIRECTLY TO QUERIES REGARDING ANY USER ISSUES WITH THE SYSTEM, AND DIRECTS ALL SPECIFIC REGULATORY, REGISTRATION, OR LICENSING QUESTIONS TO THE APPROPRIATE STATE OR FEDERAL AGENCY.--> NMLS PROCESSING FEES REMAINED UNCHANGED FOR THE NINTH STRAIGHT YEAR OF SYSTEM OPERATIONS. 3957496 4136 THE GOVERNMENT RELATIONS FUNCTION OF CSBS IS THE RESPONSIBILITY OF THE POLICY AND SUPERVISION DIVISION. THE DIVISION COVERS LEGISLATIVE ISSUES AND ADVOCACY, REGULATORY POLICY, BANK SUPERVISION PRACTICES AND COORDINATION, NON-DEPOSITORY SUPERVISION, AND CONSUMER PROTECTION. THE WORK OF THE DIVISION FOCUSES ON THE DIVERSITY OF THE BANKING INDUSTRY, RIGHT-SIZING REGULATION AND THE AGENDA OF NEW FEDERAL AGENCY PRINCIPALS. STAFF IS ALSO ENGAGED ON EFFORTS TO ENHANCE THE EFFECTIVENESS OF STATE SUPERVISION OF BANKS AND NON-BANK ENTITIES, INCLUDING FINTECH. WE DEDICATE SIGNIFICANT TIME AND RESOURCES TO ASSISTING THE STATES IN THE COORDINATION OF MULTI-STATE SUPERVISION OF THE NON-BANK MORTGAGE INDUSTRY WITH THE CONSUMER FINANCIAL PROTECTION BUREAU.COLLECTIVELY, OUR GOAL IS TO ENSURE THE STATE FINANCIAL REGULATORY SYSTEM IS STRONGLY REPRESENTED IN THE FORMATION OF FEDERAL PUBLIC POLICY. WE MEET THIS GOAL BY MAINTAINING REGULAR CONTACT WITH STATE SUPERVISORS TO BE AWARE OF CURRENT ISSUES AND COORDINATE BEST PRACTICES FOR THE BENEFIT OF THE SYSTEM. 286565 5865681 COMMUNICATIONS AND INDUSTRY RELATIONS: THE COMMUNICATIONS FUNCTION PRODUCES THE CSBS EXAMINER (A WEEKLY NEWSLETTER), THE SUPERVISORY DIRECTORY, AND THE ANNUAL REPORT. THIS AREA ALSO COORDINATES THE ORGANIZATION'S ENGAGEMENT WITH THE BANKING INDUSTRY. THESE MEETINGS LARGELY OCCUR IN WASHINGTON, DC DURING INDUSTRY ASSOCIATION "WASHINGTON FLY-IN" EVENTS. GOVERNMENT RELATIONS STAFF PROVIDE BRIEFINGS ON REGULATORY AND LEGISLATIVE ISSUES ARTICULATING THE PERSPECTIVE OF STATE REGULATORS. 1325000 1325000 BOTH CSBS AND ITS WHOLLY OWNED SUBSIDIARY STATE REGULATORY REGISTRY LLC (SRR) PROVIDE ANNUAL OPERATING SUPPORT TO THE CSBS EDUCATION FOUNDATION, A RELATED 501(C)(3) EDUCATIONAL FOUNDATION, TO ASSIST THE FOUNDATION IN CARRYING OUT ITS MISSION. 1325000 1325000 56119045 1 0 0 1 0 0 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 69 0 1 143 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2022962840 1129 20TH STREET NW NO 900 WASHINGTON DC 20036 ALBERT FORKNER CHAIRMAN (FROM 6/17) 3.00 0.00 X X 0 0 0 CHARLOTTE CORLEY CHAIRMAN-ELECT (FROM 6/17) 3.00 0.00 X X 0 0 0 BRET AFDAHL VICE CHAIRMAN (FROM 6/17) 3.00 1.00 X X 0 0 0 MELANIE HALL SECRETARY (FROM 6/17) 3.00 1.00 X X 0 0 0 M SHANE DEAL SECRETARY (TIL 2/17) 3.00 0.00 X X 0 0 0 KEVIN HAGLER TREASURER (FROM 6/17) 3.00 1.00 X X 0 0 0 CHARLES G COOPER IMMED. PAST CHAIR (FROM 6/17) 3.00 1.00 X 0 0 0 CANDACE A FRANKS IMMED. PAST CHAIR (TIL 6/17) 3.00 0.00 X 0 0 0 MARIA VULLO MEM-AT-LARGE (FROM 6/17) 3.00 0.00 X 0 0 0 BRYAN SCHNEIDER MEM-AT-LARGE (FROM 6/17) 3.00 0.00 X 0 0 0 GAVIN GEE MEM-AT-LARGE (TIL 6/17) 3.00 0.00 X 0 0 0 CHRIS MYKLEBUST MEM-AT-LARGE (TIL 6/17) 3.00 0.00 X 0 0 0 TOM FITE CSBSEF CHAIR (FROM 6/17) 3.00 1.00 X 0 0 0 JOHN DUCREST SRR CHAIRMAN (FROM 6/17) 3.00 0.00 X 0 0 0 GORDON COOLEY SRR CHAIRMAN (TIL 6/17) 3.00 0.00 X 0 0 0 RAY GRACE LEG COMM. CHAIR (FROM 6/17) 3.00 0.00 X 0 0 0 TRABO REED LEG COMM. CHAIR (TIL 6/17) 3.00 0.00 X 0 0 0 G EDWARD LEARY REG. CHAIR (FROM 6/17) 3.00 0.00 X 0 0 0 JAN OWEN NDSC CHAIR 3.00 0.00 X 0 0 0 SUSANNAH MARSHALL SSPC CHAIR (FROM 6/17) 3.00 0.00 X 0 0 0 JUDI STORK SSPC CHAIR (TIL 6/17) 3.00 1.00 X 0 0 0 RON HANSEN CO-CHAIR, BAB 3.00 0.00 X 0 0 0 ROBIN WIESSMANN DISTRICT I CHAIR (FROM 11/17) 3.00 0.00 X 0 0 0 CYNTHIA STUART DISTRICT I CHAIR (TIL 9/17) 3.00 0.00 X 0 0 0 KAREN LAWSON DISTRICT II CHAIR 3.00 0.00 X 0 0 0 MIKE HILL DISTRICT III CHAIR 3.00 0.00 X 0 0 0 MARK QUANDAHL DISTRICT IV CHAIR 3.00 0.00 X 0 0 0 IRIS IKEDA DISTRICT V CHAIR 3.00 0.00 X 0 0 0 JOHN RYAN PRESIDENT / CEO 34.50 3.00 X 656686 57104 45136 THOMAS E HARLOW EVP, FINANCE & ADMIN 34.50 3.00 X 375000 32608 52776 MICHAEL L STEVENS SENIOR EXECUTIVE VICE PRESIDENT 32.50 5.00 X 450791 69353 52273 THOMAS A BAYER CHIEF INFORMATION OFFICER 34.50 3.00 X 466044 40525 51834 WILLIAM H MATTHEWS EVP 37.50 0.00 X 471318 0 52272 JOHN S GORMAN GENERAL COUNSEL 34.50 3.00 X 304949 26517 52773 NGOC K VU VP, DIGITAL SERVICES 34.50 3.00 X 295466 25693 45822 TIMOTHY J DOYLE SVP, POLICY 37.50 0.00 X 301048 0 52272 VICKIE L PECK SVP, OPERATIONS 37.50 0.00 X 268520 0 39659 MARGARET C LIU DEPUTY GENERAL COUNSEL 37.50 0.00 X 320752 0 54872 TODD K SCHARF CHIEF INFORMATION SECURITY OFFICER 37.50 0.00 X 310540 0 49549 CHARLES L CROSS SVP, CONSUMER PROTECTION & NON-DEPOSITORY SUPERVIS 37.50 0.00 X 280804 0 51024 JAMES M COOPER SVP, POLICY 37.50 0.00 X 264326 0 51621 MARY BETH QUIST SVP, BANK SUPERVISION 37.50 0.00 X 259612 0 52171 5025856 251800 704054 65 0 1 0 FINANCIAL INDUSTRY REGULATORY AUTHORITY 9509 KEY WEST AVENUE ROCKVILLE MD 20850 NMLS 1.0 DEVELOPMENT/HOSTING 12995243 PRICEWATERHOUSECOOPERS PUBLIC SECTOR LLP PO BOX 7247-6037 PHILADELPHIA PA 19170 NMLS 2.0 DEVELOPMENT 8529725 STREAM INTERNATIONAL INC 3285 NORTHWOOD CIRCLE EAGAN MN 55121 NMLS-FINRA LICENSING DB 3886366 FEDERAL BUREAU OF INVESTIGATION CJIS DI 1000 CUSTER HOLLOW ROAD CLARKSBURG WV 26306 NMLS CRIMINAL BACKGROUND CHECKS 2602800 FIELDPRINT 12000 COMMERCE PARKWAY MT LAUREL NJ 08054 NMLS FINGERPRINTING SERVICES 2043687 39 NMLS PROCESSING FEES 518210 64928179 64928179 MLO TESTING/EDUCATION 900099 6832454 6832454 MEMBERSHIP DUES/ASSESSMENTS 900099 5793201 5793201 EVENTS/SUMMITS 900099 71980 71980 PUBLICATION REVENUE 511120 500 500 77626314 1764839 1764839 1558969 1558969 MANAGEMENT FEES 561000 8000 8000 MISCELLANEOUS 900099 4136 4136 12136 80962258 77630450 0 3331808 X 1325000 1325000 219622 219622 4306434 3660469 645965 11848924 10071585 1777339 1623986 1380388 243598 1376019 1169616 206403 1012981 861034 151947 771837 656061 115776 98058 83349 14709 36851 31323 5528 6437341 5471740 965601 20077 17065 3012 3411618 2899875 511743 2664830 2265105 399725 2088893 1775559 313334 872242 741406 130836 39681 33729 5952 678330 576580 101750 4965338 4220537 744801 220836 187711 33125 MLO TESTING FEES 8974592 7628403 1346189 MILO EDUC COURSE FEES 7385180 6277403 1107777 FINGERPRINT PROCESSING 4784835 4067110 717725 586324 498375 87949 65749829 56119045 9630784 0 325351 341624 58012013 64222573 515988 609844 934923 1107753 67092975 41487337 16170961 25605638 73866294 78863264 1389713 1642365 151215243 172393061 5389224 7787854 6713869 6500558 2883055 3220757 14986148 17509169 X 120587516 139242312 15641579 15641580 136229095 154883892 151215243 172393061 15212429 3442368 0 X X 0 1 X 1 0 X 5516489 5810564 5828070 6052438 5793201 29000762 62789490 59889131 63974416 69101079 71833113 327587229 68305979 65699695 69802486 75153517 77626314 356587991 0 6253868 6260628 6196064 6782279 5464588 30957427 6253868 6260628 6196064 6782279 5464588 30957427 325630564 1170711 1299953 2802371 3068224 3323808 11665067 1170711 1299953 2802371 3068224 3323808 11665067 14328 8000 17291 400503 12136 452258 69491018 67007648 72622148 78622244 80962258 368705316 0.88320 0.88700 0.03160 0.02560 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INCOME FROM AN ACTIVITY THAT IS NOT REGULARLY CARRIED ON MANAGEMENT FEES 233090 233090 65479888 65712978 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 232439 259297 264533 233090 989359 250000 250000 250000 250000 1000000 1500000 1 297377 256753173 256734005 316545 0 2065196 899102 1166094 1329977 640157 689820 63697802 39948078 23749724 25605638 DAY WITH THE COMMISSIONER 130548 DEFERRED COMPENSATION LIABILITY 1211235 DUE TO RELATED ORGANIZATION 191074 FUNDS HELD FOR OTHERS 1687900 3220757 84404626 3442368 3442368 80962258 0 80962258 65749829 0 65749829 0 65749829 PART IV, LINE 1B: WE ARE A TEMPORARY CUSTODIAN OF FUNDS COLLECTED FROM MORTGAGE LICENSEES WHO USE NMLS. THESE FUNDS ARE NOT RECORDED ON OUR BALANCE SHEET. WE RECEIVE THE FUNDS IN A BANKING/SWEEP ACCOUNT. WE THEN REMIT THE COLLECTED FUNDS THE SAME DAY THEY ARE RECEIVED TO THE APPROPRIATE STATE AGENCIES AND TRANSFER THE PORTION BELONGING TO SRR AS A PROCESSING FEE TO OUR OWN OPERATING ACCOUNT. AS A RESULT OF THE NATIONAL MORTGAGE SETTLEMENT IN 2012, $65,000,000 WAS DISTRIBUTED TO THE CONFERENCE, OF WHICH, $16,000,000 WAS GRANTED DIRECTLY TO THE CONFERENCE FOR CREATING A STATE REGULATORY FUND. THE REMAINING $49,000,000 WAS TO BE DISTRIBUTED TO THE 49 STATES WHICH WERE A PARTY TO THE SETTLEMENT WITH THE CONFERENCE ACTING AS THE ESCROW AGENT. SINCE 2012 CSBS HAS DISTRIBUTED THE FUNDS TO THE STATES AS DIRECTED BY THE STATES. AS OF DECEMBER 31, 2017, THE CONFERENCE HELD $2,065,873 DUE TO 5 STATES. 1 CSBS EDUCATION FOUNDATION 1129 20TH STREET NW 9TH FLOOR WASHINGTON DC 20036 521347951 501(C)(3) 1325000 SUPPORTS THE EDUCATION AND TRAINING OF STATE BANK AND MORTGAGE REGULATORS 1 0 SCHOLARSHIP FOR 2017 NMLS USER CONFERENCE 114 219622 PART I, LINE 2: CSBS AND SRR PROVIDE PERIODIC SUPPORT TO CSBS EDUCATION FOUNDATION (CSBS-EF), AS CSBS-EF SERVES AS THE EDUCATIONAL ARM OF CSBS. THE GOVERNING BOARD OF CSBS RECEIVES PERIODIC UPDATES ON THE PROGRAM ACCOMPLISHMENTS OF CSBS-EF. X X X X X X 0 1 0 0 0 0 0 0 0 JOHN RYAN PRESIDENT / CEO 490989 42695 108338 9421 57359 4988 29808 2592 14184 1233 700678 60929 0 0 THOMAS E HARLOW EVP, FINANCE & ADMIN 295968 25736 61456 5344 17576 1528 29808 2592 20934 1820 425742 37020 0 0 MICHAEL L STEVENS SENIOR EXECUTIVE VICE PRESIDENT 360741 55499 73493 11307 16557 2547 28080 4320 20779 3197 499650 76870 0 0 THOMAS A BAYER CHIEF INFORMATION OFFICER 371038 32264 75808 6592 19198 1669 29808 2592 18616 1619 514468 44736 0 0 WILLIAM H MATTHEWS EVP 373850 0 76300 0 21168 0 32400 0 24499 0 528217 0 0 0 JOHN S GORMAN GENERAL COUNSEL 238282 20720 48208 4192 18459 1605 29808 2592 20587 1790 355344 30899 0 0 NGOC K VU VP, DIGITAL SERVICES 207530 18046 78844 6856 9092 791 28900 2513 13400 1165 337766 29371 0 0 TIMOTHY J DOYLE SVP, POLICY 242690 0 55100 0 3258 0 32400 0 20897 0 354345 0 0 0 VICKIE L PECK SVP, OPERATIONS 217016 0 50400 0 1104 0 29763 0 12113 0 310396 0 0 0 MARGARET C LIU DEPUTY GENERAL COUNSEL 257240 0 57200 0 6312 0 32400 0 23903 0 377055 0 0 0 TODD K SCHARF CHIEF INFORMATION SECURITY OFFICER 268619 0 41300 0 621 0 32400 0 17389 0 360329 0 0 0 CHARLES L CROSS SVP, CONSUMER PROTECTION & NON-DEPOS 227140 0 51600 0 2064 0 31152 0 21365 0 333321 0 0 0 JAMES M COOPER SVP, POLICY 213362 0 48900 0 2064 0 30548 0 21816 0 316690 0 0 0 MARY BETH QUIST SVP, BANK SUPERVISION 206192 0 52700 0 720 0 32400 0 20566 0 312578 0 0 0 PART I, LINE 4B DURING THE YEAR ENDED DECEMBER 31, 2017, CSBS CONTRIBUTED $43,243 TO A SECTION 457(F) PLAN FOR JOHN RYAN, PRESIDENT/CEO. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS OF THE BOARD, EXCEPT THOSE ENUMERATED BELOW, AND SHALL ACT IN LIEU OF THE BOARD BETWEEN SCHEDULED BOARD MEETINGS. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE APPROVED BY THE BOARD AT ITS NEXT SCHEDULED MEETING. THE EXECUTIVE COMMITTEE IS NOT EMPOWERED TO APPROVE SALARY CHANGES OR NON-BUDGETED EXPENSES ABOVE $5,000. THE EXECUTIVE COMMITTEE CONSISTS OF THE SITTING OFFICERS AND THE IMMEDIATE PAST CHAIRPERSON. FORM 990, PART VI, SECTION A, LINE 6 REGULAR VOTING MEMBERSHIP IN THE CONFERENCE IS LIMITED TO THE STATE OFFICER HAVING RESPONSIBILITY FOR THE SUPERVISION OF STATE-CHARTERED BANKING INSTITUTIONS IN EACH STATE, THE DISTRICT OF COLUMBIA, GUAM, PUERTO RICO, AND THE VIRGIN ISLANDS, OR A REPRESENTATIVE DULY DESIGNATED BY SUCH OFFICER WHO IS ALSO AN EMPLOYEE OF THE STATE BANKING DEPARTMENT OF THAT JURISDICTION. THE CONFERENCE'S OTHER CLASSES OF MEMBERSHIP, WHICH INCLUDE STATE-CHARTERED BANKING INSTITUTIONS, STATE BANKERS ASSOCIATIONS, AND ASSOCIATES, DO NOT HAVE AN OFFICIAL VOTE IN ANY MEETING OF THE CONFERENCE AND ARE NOT ELIGIBLE TO HOLD AN ELECTED OFFICE IN THE CONFERENCE. FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS OF THE CSBS BOARD OF DIRECTORS, WHICH INCLUDE THE CHAIRMAN, CHAIRMAN-ELECT, VICE CHAIRMAN, SECRETARY, AND TREASURER, ARE ELECTED BY THE REGULAR VOTING MEMBERSHIP AT THE ANNUAL MEETING OF THE CONFERENCE. ADDITIONALLY, THE REGULAR MEMBERS ARE DIVIDED INTO FIVE GEOGRAPHICAL DISTRICTS AND THEY ELECT A DISTRICT CHAIRMAN AND A DISTRICT VICE CHAIRMAN FROM THE REGULAR MEMBERSHIP IN EACH RESPECTIVE DISTRICT TO REPRESENT THE DISTRICT ON THE CSBS BOARD. FORM 990, PART VI, SECTION A, LINE 7B PROPOSALS FOR THE AMENDMENT OR REPEAL OF THE BYLAWS MAY BE MADE BY ANY TEN REGULAR MEMBERS OF THE CONFERENCE BY SUBMITTING A WRITTEN REQUEST SPECIFYING THE CHANGES PROPOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS. ALL SUCH PROPOSALS WOULD THEN BE CONSIDERED BY THE MEMBERSHIP AT AN ANNUAL OR SPECIAL MEETING OF THE REGULAR MEMBERS, AND THE BYLAWS COULD BE AMENDED OR REPEALED BY A TWO-THIRDS VOTE OF THE REGULAR MEMBERS OR DULY DESIGNATED REPRESENTATIVES ENROLLED AS ATTENDING THE MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE CONFERENCE'S FORM 990 IS THOROUGHLY REVIEWED BY THE MANAGEMENT TEAM BEFORE THE RETURN IS SIGNED AND FILED. THE CONFERENCE ALSO POSTS THE 990 ON THE BOARD'S WEBSITE AND EMAILS THE MEMBERS OF THE BOARD INSTRUCTIONS FOR ACCESSING THE 990. FORM 990, PART VI, SECTION B, LINE 12C A REVISED CONFLICT OF INTEREST AND CONFIDENTIALITY POLICY WAS ADOPTED IN MARCH 2010 COVERING CSBS AND ITS AFFILIATED ORGANIZATIONS. AS PART OF THE POLICY, EACH YEAR ALL CSBS EMPLOYEES, MEMBERS OF THE BOARD OF DIRECTORS, AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY HAVE READ AND UNDERSTAND THE POLICY AND THAT THEY AGREE TO COMPLY WITH THE POLICY. EACH FORM COMPLETED BY A CSBS EMPLOYEE WILL BE REVIEWED BY THE PRESIDENT AND CEO FOR POTENTIAL CONFLICTS, WHILE EACH FORM COMPLETED BY A MEMBER OF THE BOARD OF DIRECTORS OR COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS WILL BE SUBMITTED TO AND REVIEWED BY THE CSBS AUDIT COMMITTEE FOR POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 CSBS HAS A FORMAL POLICY STATING THAT THE PROCESS FOR DETERMINING THE COMPENSATION OF ITS OFFICERS AND KEY EMPLOYEES SHALL INCLUDE (1) REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF CSBS, (2) USE OF DATA AS TO COMPARABLE COMPENSATION, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THE FINANCE, COMPENSATION AND BENEFITS COMMITTEE OF THE CSBS BOARD OF DIRECTORS HAS BEEN ESTABLISHED IN THE BYLAWS AS A STANDING COMMITTEE, WHICH DEFINES THAT THE COMMITTEE'S PURPOSE IS TO RECOMMEND SALARY RANGES AND COMPENSATION FOR CSBS STAFF TO THE BOARD OF DIRECTORS FOR APPROVAL. MEMBERS OF THE EXECUTIVE COMMITTEE CONDUCT AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 CSBS DOES NOT MAKE ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN ANY FORM OUTSIDE THE 990. CSBS DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY PUBLICLY AVAILABLE; HOWEVER, CSBS WOULD CONSIDER ANY REQUESTS RECEIVED FOR SUCH DOCUMENTS. FORM 990, PART IX, LINE 18: WE ARE AN ASSOCIATION OF STATE BANKING OFFICIALS AND REIMBURSE THOSE OFFICIALS FROM TIME TO TIME FOR TRAVEL EXPENSES RELATED TO CONDUCT OF REQUIRED DUTIES OF THE ORGANIZATION. FORM 990, PART XII, LINE 2C: THE CONFERENCE'S AUDIT REVIEW PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. STATE REGULATORY REGISTRY LLC 1129 20TH STREET NW 9TH FLOOR WASHINGTON DC 20036 205641694 THE DEVELOPMENT AND OPERATION OF NMLS DC 76848121 137874553 CONFERENCE OF STATE BANK SUPERVISORS INC CSBS EDUCATION FOUNDATION 1129 20TH ST NW 9TH FLOOR WASHINGTON DC 20036 521347951 TO ENHANCE STATE FINANCIAL SUPERVISION THROUGH EDUCATION AND TRAINING DC 501(C)(3) LINE 10 CONFERENCE OF STATE BANK SUPERVISORS INC 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 CSBS EDUCATION FOUNDATION B 1325000 COST CSBS EDUCATION FOUNDATION N 330807 ALLOCATION CSBS EDUCATION FOUNDATION O 1034736 ALLOCATION CSBS EDUCATION FOUNDATION P 965082 NET CLEARING PMTS