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| Agency overview | |
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| Formed | June 8, 1891 |
| Jurisdiction | Government of Pennsylvania |
| Headquarters | Market Square Plaza, Suite 1300 17 North 2nd Street Harrisburg, Pennsylvania 40°15′37″N76°52′57.5″W / 40.26028°N 76.882639°W |
| Employees | 174 |
| Annual budget | $20.8 million (FY 2010) [1] |
| Agency executive |
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| Website | www.banking.state.pa.us |
The Pennsylvania Department of Banking and Securities is a cabinet-level agency in Pennsylvania. [2]
The Department is under the direction and control of a secretary of banking, who is appointed by the governor of Pennsylvania to serve as a member of the governor's cabinet. The secretary is assisted in managing the department by an executive deputy secretary of banking, a deputy secretary of banking for Depository Institutions and a deputy secretary of Banking for Non-Depository Institutions and Consumer Services.
The agency provides oversight of financial institutions and is charged with fostering economic growth while concurrently protecting consumers and investors. The bureau regulates the approximately 225 traditional banks that have received state charters, as well as over 14,000 non-bank lenders, including mortgage brokers, securities dealers, debt managers, and pawnshops. The department is fully funded by licensing fees and is not dependent upon tax revenue..
The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
The People's Bank of China is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by the People's Bank Law and the Commercial Bank Law. It is a cabinet-level executive department of the State Council.
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The Pennsylvania Department of Education is the executive department of the state charged with publicly funded preschool, K-12 and adult educational budgeting, management and guidelines. As the state education agency, its activities are directed by the governor appointed Pennsylvania's Secretary of Education. The agency is headquartered at 333 Market Street in Harrisburg. The Pennsylvania Department of Education oversees 500 public school districts of Pennsylvania, over 170 public charter schools (2019), Career and Technology Centers/Vocational Technical schools, 29 Intermediate Units, the education of youth in State Juvenile Correctional Institutions, and publicly funded preschools. In 2019, the Pennsylvania Department of Education employs approximately 500 persons.
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The New York State Banking Department was created by the New York Legislature on April 15, 1851, with a chief officer to be known as the Superintendent. The New York State Banking Department was the oldest bank regulatory agency in the United States.
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The Pennsylvania Department of Agriculture (PDA) is a cabinet-level agency in Pennsylvania. The department's purpose is to support a sustainable and safe supply of food and agricultural products; be good stewards of the land and natural resources; promote the viability of farms; protect consumers; and safeguard the health of people, plants, animals and the environment.
The Financial Services Board (FSB) was the government of South Africa's financial regulatory agency responsible for the non-banking financial services industry in South Africa from 1990 to 2018. On the 1 April 2018 its responsibilities were split into two new agencies the Financial Sector Conduct Authority (FSCA) for conduct regulation and the Prudential Authority (PA) for prudential regulation.
The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. The Commissioner of DOBI is Marlene Caride.
The Financial Stability Oversight Council (FSOC) is a United States federal government organization, established by Title I of the Dodd–Frank Wall Street Reform and Consumer Protection Act, which was signed into law by President Barack Obama on July 21, 2010. The Office of Financial Research is intended to provide support to the council.
The Ministry of Finance of Ukraine is the ministry of the Ukrainian government charged with developing and implementing national financial and budget policies, and with defining national policies in customs and taxation. The ministry is responsible for ensuring that the state has enough resources to perform its functions and that financial policies promote economic growth.
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The Wisconsin Department of Financial Institutions (DFI) is an agency of the Wisconsin state government responsible for state regulation of financial institutions and educating the public about financial issues.
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