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Cybersecurity, Regulation among Bankers’ Top Challenges
Cybersecurity, regulation, and technology and funding costs are community bankers’ most pressing current concerns, according to an annual survey that covers the economic, regulatory, competitive and operational challenges they face.
The findings are part of the 2024 Conference of State Bank Supervisors (CSBS) Annual Survey of Community Banks (PDF). The survey, conducted by CSBS and state bank regulators, aims to take the pulse of the nation’s community banks―institutions with less than $10 billion in assets. This year, nearly 370 community bankers from 38 states participated; about two-thirds of participants represented banks with assets between $100 million and $1 billion. The report also contains wide-ranging comments on survey topics from five selected community bankers.
The findings are part of the 2024 Conference of State Bank Supervisors (CSBS) Annual Survey of Community Banks (PDF). The survey, conducted by CSBS and state bank regulators, aims to take the pulse of the nation’s community banks―institutions with less than $10 billion in assets. This year, nearly 370 community bankers from 38 states participated; about two-thirds of participants represented banks with assets between $100 million and $1 billion. The report also contains wide-ranging comments on survey topics from five selected community bankers.
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