New Hampshire Banking Department

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, 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]

New Hampshire Banking Department
Agency overview
Formed1837[1]
JurisdictionNew Hampshire
Headquarters53 Regional Drive
Concord, New Hampshire
Employees51 (June 2020)[2]:2
Agency executives
  • Emelia A.S. Galdieri, Bank Commissioner[3]
  • vacant, Deputy Bank Commissioner[1]
Websitewww.nh.gov/banking

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

  1. "About Us". NH.gov. Retrieved February 20, 2022.
  2. The Annual Report of the Bank Commissioner (PDF). New Hampshire Banking Department. 2020. Retrieved February 20, 2022.
  3. "Galdieri Named as New Hampshire Commissioner of Banks". Cooperative Credit Union Association. January 12, 2022. Retrieved February 20, 2022.
  4. "383: Bank Commissioner". New Hampshire Statutes. Retrieved February 20, 2022. {{cite book}}: |website= ignored (help)


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.