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State of Illinois

09/11/2024 | Press release | Distributed by Public on 09/11/2024 09:03

Division of Banking Receives 2024 CSBS Reaccreditation

Division of Banking Receives 2024 CSBS Reaccreditation

News Release - Wednesday, September 11, 2024
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CHICAGO - The Illinois Department of Financial and Professional Regulation's ("IDFPR") Division of Banking ("DOB") is proud to announce it recently received reaccreditation by the Conference of State Bank Supervisors ("CSBS"), once again confirming DOB maintains the highest standards and practices in state bank supervision. Illinois was initially accredited by CSBS in 1984 and has remained accredited since then.

"I am proud of the hard work and effort put in by the IDFPR team that resulted in the reaccreditation of our Division of Banking by the Conference of State Bank Supervisors," said Mario Treto, Jr., Secretary of IDFPR. "This achievement reflects our continued commitment to excellence in regulatory oversight and our dedication to maintaining the highest standards in safeguarding the state-chartered banks that serve our communities. The reaccreditation reaffirms our role in fostering a stable and resilient banking environment, ensuring that we remain responsive to both industry needs and consumer protection."