New Hampshire Banking Department
Agency overview | |
---|---|
Formed | 1837[1] |
Jurisdiction | New Hampshire |
Headquarters | 53 Regional Drive Concord, New Hampshire |
Employees | 51 (June 2020)[2]: 2 |
Agency executives | |
Website | www |
The New Hampshire Banking Department is a state agency of the U.S. state of New Hampshire, headquartered in Concord. The department supervises all state-chartered financial institutions including commercial banks, merchant banks, and credit unions.[1] As of June 2020[update], there were 61 charted institutions with a total of 329 branches in the state.[2]: 3 The department has three divisions: Banking and Trust Division, Consumer Credit Division, and Office of the Legal Counsel.[1]
The department dates to 1837, when Isaac Hill, the state's 16th governor, approved the state's first bank commissioners.[1] Since 1925, the department has been led by a single commissioner,[1] authorized under New Hampshire Revised Statutes Annotated (NH RSA) Chapter 383.[4] The commissioner is appointed to a six-year term by the Governor of New Hampshire with approval of the Governor's Council.[3]
References
[edit]- ^ a b c d e f "About Us". NH.gov. Retrieved February 20, 2022.
- ^ a b The Annual Report of the Bank Commissioner (PDF). New Hampshire Banking Department. 2020. Retrieved February 20, 2022.
- ^ a b "Galdieri Named as New Hampshire Commissioner of Banks". Cooperative Credit Union Association. January 12, 2022. Retrieved February 20, 2022.
- ^ "383: Bank Commissioner". New Hampshire Statutes. New Hampshire General Court. Retrieved February 20, 2022.
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