May 25th, 2025
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of Maryland Commissioner of Financial Regulation Tony Salazar as the new chair of the CSBS Board of Directors.
For the full press release click here
The State Bank Department was created by Act 113 of 1913. The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas. These 70 banks hold assets of over $168 billion as of March 31, 2025. The Department also is charged with supervising the bank holding companies of Arkansas state-chartered banks; state-chartered trust companies; regional and county industrial development corporations; industrial loan institutions; and capital development companies. The Department operates to ensure the safety and soundness of, and public confidence in, these institutions and organizations.
