OLYMPIA – The Washington Department of Financial Institutions (DFI) is pleased to share that during the Community Banking in the 21st Century Research and Policy Conference at the Federal Reserve Bank of St. Louis, the Conference of State Bank Supervisors (CSBS) and the Federal Reserve released the results of a national survey and town hall meetings with bankers from across the country.
The annual Community Banking in the 21st Century Research and Policy Conference brings together community bankers, policymakers, and state and federal regulators from around the country to discuss the latest community bank research. This is the third year of the conference.
The Community Banking in the 21st Century National Survey was administered by state bank commissioners in 39 states. A total of 974 community bankers participated in the survey. The survey provides a national view of how bankers are thinking about key issues facing the industry and how they are responding to market conditions.
Additionally, state regulators in 27 states held town hall meetings with more than 500 community bankers from April to July. The town hall summaries within the Community Banking in the 21st Century publication provide insight from the industry on the state of community banks. The results of the town hall meetings provide a unique opportunity to connect the quantitative data in the survey with the stories and experiences of bankers serving their communities.
In the state of Washington, 60 bankers attended the town hall facilitated by DFI’s Division of Banks. Bankers from the state discussed local market conditions, borrower attitudes and lending opportunities, competitive pressures, attracting human capital and emerging issues in the banking industry.
The survey results and town hall summaries are available on the Community Banking in the 21st Century Research Conference website, www.communitybanking.org.