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Prairie State Wire

Thursday, September 19, 2024

Illinois Division of Banking receives 2024 CSBS reaccreditation

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Mario Treto, Jr. Secretary at Illinois Department of Financial and Professional Regulation | Twitter Website

Mario Treto, Jr. Secretary at Illinois Department of Financial and Professional Regulation | Twitter Website

The Illinois Department of Financial and Professional Regulation’s (IDFPR) Division of Banking (DOB) has announced its recent reaccreditation by the Conference of State Bank Supervisors (CSBS). This recognition confirms that DOB maintains high standards in state bank supervision. Illinois was first accredited by CSBS in 1984 and has maintained this status 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.”

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