2016-08-02T11:43:58-05:00 2015-12-31 521855942 Tate and Tryon 2021 L Street NW Suite 400 Washington DC 20036 990 2015-01-01 522080072 CONFERENCE OF STATE BANK SUPERVISORS INC CONF 2022962840 1129 20TH STREET No 900 WASHINGTON DC 20036 THOMAS E HARLOW EVP-FinANCE & ADMINISTRATION 2022962840 2016-08-02 1 Elizabeth Heller P00397829 2022932200 2015 2017-02-10 21:41:12Z CSBS JOHN W RYAN 1129 20TH STREET No 900 WASHINGTON DC 20036 72622648 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. 18 18 128 28 0 0 0 0 65682823 69802486 148313 1575748 1134618 1236437 66965754 72614671 1308887 1332022 0 0 13640130 17126413 0 0 78231 36690895 39244977 51639912 57703412 15325842 14911259 120235280 133515494 16549844 16819883 103685436 116695611 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 44583417 192061 63884503 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 THE MORTGAGE, CONSUMER LENDING, MONEY SERVICES BUSINESSES, AND DEBT COLLECTION INDUSTRIES TO APPLY FOR, AMEND, UPDATE, OR RENEW A LICENSE ONLINE FOR ALL PARTICIPATING STATE AGENCIES USING A SINGLE SET OF UNIFORM APPLICATIONS. MORTGAGE LOAN ORIGINATORS EMPLOYED BY INSURED DEPOSITORY INSTITUTIONS ARE ALSO REGISTERED THROUGH NMLS. NMLS BRINGS GREATER UNIFORMITY AND TRANSPARENCY TO THESE NON-DEPOSITORY FINANCIAL SERVICES INDUSTRIES WHILE MAINTAINING AND STRENGTHENING THE ABILITY OF STATE REGULATORS TO MONITOR THESE INDUSTRIES AND PROTECT THEIR CITIZENS. 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 2015 INCLUDE:--> NMLS EXPANSION INDUSTRIES. REVISED NMLS STATE LICENSING FORMS WERE LAUNCHED IN APRIL 2012 TO ALLOW FOR STATE REGULATORY AGENCIES TO LICENSE ENTITIES THROUGH NMLS IN THE DEBT, CONSUMER FINANCE, AND MONEY SERVICES BUSINESS INDUSTRIES. THE REVISED FORMS PROVIDED FOR IMPROVED EFFICIENCIES FOR USERS AND CONTAINED MODIFICATIONS THAT ALLOW STATE AGENCIES TO USE NMLS TO MANAGE A WIDE RANGE OF NON-DEPOSITORY FINANCIAL SERVICES LICENSES. AT THE END OF 2015, 39 STATES WERE UTILIZING NMLS TO LICENSE 162 NEW LICENSE TYPES IN THESE EXPANSION INDUSTRIES. SEVERAL ADDITIONAL STATE AGENCIES ARE SCHEDULED TO USE NMLS IN THESE EXPANSION INDUSTRIES OVER THE COMING YEARS. --> MAJOR SYSTEM ENHANCEMENTS AND NEW FUNCTIONALITY ADDED TO NMLS DURING 2015. THIS INCLUDED: IMPROVEMENTS TO COMPANY AND INDIVIDUAL DASHBOARDS FOR STATE LICENSEES INCLUDING THE ADDITION OF COMPANY ADVANCE CHANGE NOTICES, RENEWALS, AND TEST ENROLLMENTS; USABILITY CHANGES TO THE MORTGAGE CALL REPORT AND NEW REQUIREMENTS FOR THE REPORTING OF SERVICING DATA; LICENSING FORM UPDATES, AND NUMEROUS ENHANCEMENTS FOR BOTH THE ADVANCE CHANGE NOTICE FUNCTIONALITY AND THE UNIFORM AUTHORIZED AGENT REPORTING. ALSO DURING THE YEAR, SIGNIFICANT PLANNING PROCESSES WERE INITIATED TO BEGIN THE MODERNIZATION OF NMLS, AS WELL AS PRODUCING AN EXAMINATION MANAGEMENT TOOL SUITE. --> THE NATIONAL SAFE MLO TEST WITH UNIFORM STATE CONTENT WAS LAUNCHED ON APRIL 1, 2013 AND BY YEAR-END 2015, A TOTAL OF 50 STATE AGENCIES HAD ADOPTED THE TEST AND RETIRED THEIR RESPECTIVE STATE TESTS. --> THE (2015) SEVENTH NMLS ANNUAL CONFERENCE AND TRAINING HAD AN ATTENDANCE OF MORE THAN 580 SYSTEM USERS AND STAKEHOLDERS, INCLUDING REGULATORS FROM 56 STATE AGENCIES AND TWO TERRITORIES (GUAM AND PUERTO RICO). THE AGENDA INCLUDED SESSIONS RELEVANT TO ALL USERS OF NMLS AS WELL AS SPECIAL SESSIONS RELEVANT TO THE MORTGAGE, DEBT, CONSUMER FINANCE, AND MONEY SERVICES BUSINESS INDUSTRIES.--> THE NMLS RESOURCE AND THE FEDERAL REGISTRY RESOURCE CENTER PROVIDE NMLS USERS WITH RESOURCES AND MATERIALS TO ASSIST IN THE NAVIGATION OF THE SYSTEM AND IS CONTINUALLY UPDATED WITH NEWS AND EVENTS OF INTEREST TO THE USERS. IN 2015, THE STATE AND FEDERAL RESOURCE CENTERS HAD MORE THAN 2.4 MILLION UNIQUE VISITORS WHO VIEWED OVER 12.5 MILLION PAGES.--> AT THE END OF 2015, NMLS CONTAINED ACTIVE STATE LICENSES OR FEDERAL REGISTRATIONS FOR OVER 30,000 UNIQUE COMPANIES AND 542,000 INDIVIDUAL LICENSED OR REGISTERED MLOS. --> NMLS ADMINISTERED MORE THAN 80,000 TEST COMPONENTS, BRINGING THE TOTAL ADMINISTERED SINCE JULY 2009 TO OVER 950,000. THE SYSTEM ALSO SUPERVISED 112 COURSE PROVIDERS WHO DELIVERED ALMOST 2 MILLION HOURS OF EDUCATION THROUGH MORE THAN 1,600 NMLS-APPROVED COURSES IN 2015.-->THE MORTGAGE TESTING AND EDUCATION BOARD (MTEB) CONDUCTED NUMEROUS INVESTIGATIONS CONCERNING MLO TESTING AND EDUCATION MATTERS, COURSES, AND PROVIDERS, AND, DURING 2015 REVISED THEIR FOCUS TO ACT IN MORE OF AN APPELLATE ROLE AS NECESSARY FOR THOSE INVESTIGATIONS.--> SRR HELD TWO PUBLIC INDUSTRY MEETINGS WITH THE NMLS OMBUDSMAN.--> THE NMLS CALL CENTER ANSWERED MORE THAN 473,000 INQUIRIES FROM USERS. THE CALL CENTER RESPONDS DIRECTLY TO QUERIES REGARDING ANY SYSTEM USE ISSUES, AND DIRECTS ALL SPECIFIC REGULATORY, REGISTRATION, OR LICENSING QUESTIONS TO THE APPROPRIATE STATE OR FEDERAL AGENCY.--> NMLS CONSUMER ACCESS RECEIVED OVER 2.8 MILLION VISITORS WHO VIEWED NEARLY 86 MILLION PAGES OF INFORMATION ON LICENSED AND REGISTERED COMPANIES AND INDIVIDUALS.--> SRR IMPLEMENTED THE FIRST LEARNING MANAGEMENT SYSTEM, WHICH IS USED TO STORE, DELIVER, AND TRACK THE HISTORY OF TRAINING SESSIONS FOR INDIVIDUAL USERS. --> NMLS PROCESSING FEES REMAIN UNCHANGED FOR THE SEVENTH STRAIGHT YEAR OF SYSTEM OPERATIONS. 3384759 9291 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 ongoing implementation of the Dodd-Frank Act. Staff is also engaged in efforts to enhance the effectiveness of state supervision of banks and non-bank entities. 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. 110039 5917983 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. 1139961 1139961 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. 1139961 1139961 49218176 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 1 0 0 0 0 0 0 1 1 1 0 0 0 1 69 0 1 128 1 0 0 0 0 0 0 0 0 0 0 X 18 18 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 No 900 WASHINGTON DC 20036 DAVID J COTNEY CHAIRMAN (AS OF JUNE) 3.00 0.00 X X 0 0 0 CHARLES G COOPER Charman-ELECT (as of JunE) 3.00 0.00 X X 0 0 0 CHARLES DOLEZAL VICE CHAIRMAN (AS OF DEC) 3.00 1.00 X X 0 0 0 LAUREN KINGRY VICE CHAIRMAN (JUNE-NOV) 3.00 1.00 X X 0 0 0 Albert Forkner TREASURER (AS OF DECEMBER) 3.00 1.00 X X 0 0 0 CANDACE A FRANKS IMMED. PAST CHAIR (AS OF JUNE) 3.00 0.00 X 0 0 0 CHARLES A VICE IMMED. PAST CHAIR (UNTIL JUNE) 3.00 0.00 X 0 0 0 Charlotte Corley MEM-AT-LARGE (AS OF JUNE) 3.00 1.00 X 0 0 0 Jan Lynn Owen MEM-AT-LARGE (AS OF JUNE) 3.00 0.00 X 0 0 0 KEVIN HAGLER MEM-AT-LARGE (UNTIL MAY) 3.00 0.00 X 0 0 0 MELANIE HALL CSBSEF CHAIR (AS OF JUNE) 3.00 1.00 X 0 0 0 VICTORIA REIDER CSBSEF CHAIR (UNTIL MAY) 3.00 1.00 X 0 0 0 M SHANE DEAL CO-CHAIR, BAB (AS OF JUNE) 3.00 0.00 X 0 0 0 GLENN MOYER CO-CHAIR, BAB (UNTIL FEB) 3.00 0.00 X 0 0 0 TRABO REED LEG COMM. CHAIR (AS OF JUNE) 3.00 0.00 X 0 0 0 SALLY CLINE LEG COMM. CHAIR (UNTIL MAY) 3.00 0.00 X 0 0 0 ROGER ENTRINGER SRR CHAIRMAN 3.00 0.00 X 0 0 0 BRET AFDAHL REG. CHAIR (AS OF JUN 15)/DIST IV CHAIR 3.00 0.00 X 0 0 0 RICHARD RICCOBONO REGULATORY CHAIR (UNTIL MAY) 3.00 0.00 X 0 0 0 JUDI STORK SSPC CHAIR (AS OF JUNE) 3.00 1.00 X 0 0 0 MICHAEL POLAND CO-CHAIR, BAB (UNTIL MAY) 3.00 0.00 X 0 0 0 ROBERT DONOVAN FOREIGN BANK REG COMM CHAIR 3.00 1.00 X 0 0 0 GLEN PERLOW DISTRICT I CHAIR (AS OF FEB) 3.00 0.00 X 0 0 0 HOWARD PITKIN DISTRICT I CHAIR (UNTIL JAN) 3.00 0.00 X 0 0 0 KAREN LAWSON DISTRICT II CHAIR (AS OF JULY) 3.00 0.00 X 0 0 0 MICHAEL MACH DISTRICT II CHAIR (UNTIL JUNE) 3.00 0.00 X 0 0 0 RAY GRACE DISTRICT III 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 551621 47967 60879 Thomas Harlow EVP, Finance & Administration 34.50 3.00 X 351949 30605 63823 James Cooper SVP, Policy 37.50 0.00 X 256224 0 42435 Charles Cross SVP, Consumer Protection & Non-Depository Supervis 37.50 0.00 X 266145 0 47778 Timothy Doyle SVP, SRR, Policy & Development 37.50 0.00 X 284511 0 49231 John Gorman General Counsel 34.50 3.00 X 288904 25122 54753 Margaret Liu SVP Leg & Deputy Gen Council 37.50 0.00 X 309507 0 53672 William Matthews Executive Vice President, SRR 37.50 0.00 X 445595 0 67160 MaryBeth Quist SVP, Bank Supervision 37.50 0.00 X 240855 0 31936 Vickie Slater SVP, SRR, Mortgage Operations 37.50 0.00 X 230594 0 43268 Michael Stevens Senior Executive Vice President 32.50 5.00 X 426496 65615 67160 SUPROTIK GHOSE Chief Information Officer 34.50 3.00 X 315694 27452 39589 Kelly Haire VP, Human Resources 34.50 3.00 X 189949 16517 23788 Vaughn Noring Sa, Accred & Supervisory Processes 34.50 3.00 X 171879 14946 21087 John Prendergast VP, Supervision 37.50 0.00 X 225351 0 45460 Sanford Sussman SR Director, Assoc Gen Counsel 37.50 0.00 X 192097 0 40149 Peter Wallace VP, Solution Architect 37.50 0.00 X 196976 0 41308 4944347 228224 793476 46 0 1 0 FINANCIAL INDUSTRY REGULATORY AUTHORITY 9509 KEY WEST AVENUE ROCKVILLE MD 20850 DEVELOPMENT/HOSTING OF NMLS 14532312 STREAM INTERNATIONAL 3285 NORTHWOOD CIRCLE EAGAN MN 55121 NMLS-FINRA LICENSING DB 3681278 FEDERAL BUREAU OF INVESTIGATION CJIS DI 1000 CUSTER HOLLOW RD CLARKSBURG WV 26306 NMLS CRIMINAL BACKGROUND CHECKS 3135230 FIELDPRINT 12000 COMMERCE PARKWAY MT LAUREL NJ 08054 NMLS FINGERPRINTING SERVICES 1862597 ALTA IT Services LLC 9210 Corporate Blvd Suite 200 Rockville MD 20850 Information Technology Services 636430 27 NMLS PROCESSING FEES 518210 58246041 58246041 MEMBERSHIP DUES/ASSESSMENTS 900099 5828070 5828070 MLO TESTING/EDUCATION 900099 5638462 5638462 EVENTS/SUMMITS 900099 79853 79853 PUBLICATION REVENUE 511120 10060 10060 69802486 1583225 1583225 1219146 1219146 500 7977 -7477 -7477 -7477 MISCELLANEOUS 900099 9291 9291 MANAGEMENT FEES 561000 8000 8000 17291 72614671 69811777 0 2802894 X 1139961 1139961 192061 192061 4598984 3909136 689848 9499462 8074543 1424919 1131921 962133 169788 1048163 890938 157225 847883 720701 127182 89776 76310 13466 89413 76001 13412 3858 3279 579 36111 30694 5417 3107696 2641542 466154 30013 11517 18496 659089 560226 76497 22366 2033425 1728411 305014 1406205 1195274 210931 853818 725745 122611 5462 22183 18856 3327 442089 375776 38489 27824 5798733 4928923 869810 173709 147653 26056 MLO TESTING FEES 9908797 8422477 1486320 MLO EDUC COURSE FEES 6489916 5500894 989022 FINGERPRINT PROCESSING 5173587 4397549 776038 BANK CHARGES 2008648 1707351 301297 917911 780225 133603 4083 57703412 49218176 8407005 78231 333418 329475 23966852 40978605 572411 317889 869568 826254 50409239 31528000 21919576 18881239 71389088 71033203 1184367 1148829 120235280 133515494 5496875 6146153 8018616 7813930 3034353 2859800 16549844 16819883 X 88030436 101054032 15655000 15641579 103685436 116695611 120235280 133515494 14911259 -1901084 0 X X 0 1 X 1 0 X 4852651 21024940 5516489 5810564 5828070 43032714 76945058 58044126 62789490 59889131 63974416 321642221 81797709 79069066 68305979 65699695 69802486 364674935 0 11337261 6211662 6253868 6260628 6196064 36259483 11337261 6211662 6253868 6260628 6196064 36259483 328415452 880689 1077066 1170711 1299953 2802371 7230790 880689 1077066 1170711 1299953 2802371 7230790 34473 8440 14328 8000 17291 82532 82712871 80154572 69491018 67007648 72622148 371988257 X Schedule A, Part III, Line 12, Explanation of Other Income: INCOME FROM AN ACTIVITY THAT IS NOT REGULARLY CARRIED ON MANAGEMENT FEES 259297 259297 57408004 57667301 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 168779 176676 232439 259297 837191 250000 250000 250000 250000 1000000 1500000 1 290146 203706138 203696614 299670 0 1922089 549298 1372791 865934 363196 502738 47621216 30615506 17005710 18881239 DAY WITH THE COMMISSIONER 88689 DEFERRED COMPENSATION LIABILITY 789271 DUE TO RELATED ORGANIZATION 179308 FUNDS HELD FOR OTHERS 1802532 2859800 70721064 -1901084 -1901084 72622148 -7477 -7477 72614671 57710889 7477 7477 57703412 0 57703412 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, 2015, the Conference held $4,008,905 due to 6 states. Part XI, Line 4b - Other Adjustments: LOSS on Disposal of Assets -7,477. Part XII, Line 2d - Other Adjustments: loss on Disposal of Assets 7,477. 1 CSBS EDUCATION FOUNDATION 1129 20th Street NW 9th Floor WASHINGTON DC 20036 521347951 501(C)(3) 1139961 SUPPORTS THE EDUCATION AND TRAINING OF STATE BANK AND MORTGAGE REGULATORS 1 0 SCHOLARSHIP FOR 2015 NMLS USER CONFERENCE 91 192061 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 0 0 0 0 0 0 0 0 John Ryan President/CEO 479751 41717 69920 6080 1950 170 45356 3944 13093 1139 610070 53050 0 0 Thomas Harlow EVP, Finance & Administration 289739 25195 57960 5040 4250 370 40446 3517 20091 1747 412486 35869 0 0 James Cooper SVP, Policy 189100 0 46200 0 20924 0 28735 0 14322 0 299281 0 0 0 Charles Cross SVP, Consumer Protection & Non-Depos 211371 0 48800 0 5974 0 29918 0 18952 0 315015 0 0 0 Timothy Doyle SVP, SRR, Policy & Development 218575 0 52200 0 13736 0 31372 0 18885 0 334768 0 0 0 John Gorman General Counsel 222309 19331 46000 4000 20595 1791 33942 2952 22109 1922 344955 29996 0 0 Margaret Liu SVP Leg & Deputy Gen Council 247771 0 60000 0 1736 0 34812 0 25291 0 369610 0 0 0 William Matthews Executive Vice President, SRR 369771 0 72000 0 3824 0 49300 0 22487 0 517382 0 0 0 MaryBeth Quist SVP, Bank Supervision 200320 0 37400 0 3135 0 29436 0 7895 0 278186 0 0 0 Vickie Slater SVP, SRR, Mortgage Operations 184851 0 42100 0 3643 0 28032 0 16434 0 275060 0 0 0 Michael Stevens Senior Executive Vice President 355135 54636 69333 10667 2028 312 42727 6573 19035 2929 488258 75117 0 0 SUPROTIK GHOSE Chief Information Officer 262464 22823 51336 4464 1894 165 29256 2544 8964 779 353914 30775 0 0 Kelly Haire VP, Human Resources 160908 13992 26588 2312 2453 213 21885 1903 1744 152 213578 18572 0 0 Vaughn Noring Sa, Accred & Supervisory Processes 145518 12654 24840 2160 1521 132 18835 1638 1946 169 192660 16753 0 0 John Prendergast VP, Supervision 195771 0 26500 0 3080 0 27600 0 18374 0 271325 0 0 0 Sanford Sussman SR Director, Assoc Gen Counsel 160271 0 30200 0 1626 0 22289 0 18255 0 232641 0 0 0 Peter Wallace VP, Solution Architect 173981 0 21000 0 1995 0 24480 0 18292 0 239748 0 0 0 ARTHUR NEIL MILNER FORMER OFFICER 80000 CSBS 0 Sch L Part IV, Business Transactions involving interested persons: (A) NAME OF PERSON: ARTHUR NEIL MILNER(D) DESCRIPTION OF TRANSACTION: CSBS PAID ARTHUR NEIL MILNER, FORMER PRESIDENT AND CEO, $80,000 FOR SERVICES RENDERED AS AN INDUSTRY CONSULTANT. NEIL ATTENDED VARIOUS MEETINGS, SUCH AS STATE BANK CONVENTIONS AND THE ABA NATIONAL CONFERENCE FOR COMMUNITY BANKERS, AS PART OF INDUSTRY OUTREACH ON BEHALF OF CSBS. 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 11 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 64995290 102046587 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 9 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 1139961 COST CSBS EDUCATION FOUNDATION N 334790 ALLOCATION CSBS EDUCATION FOUNDATION O 815021 ALLOCATION CSBS EDUCATION FOUNDATION P 683395 NET CLEARING PMTS