It’s not an accident that this conference is sponsored by three agencies involved in the supervision of banks—the Federal Reserve, the Conference of State Bank Supervisors, and the FDIC—as the work of this conference has informed, and will continue to inform, how we think about the supervision of our nation’s community banks.
Our conference sponsors entered this partnership with the belief that what we learn here will deepen our understanding of the benefits of, and the challenges facing, the community bank business model, which, in turn, helps to make us better bank supervisors. It’s natural then to ask: What have we learned from this conference that is applicable today?