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{{Short description|Agency of the government of Pennsylvania}}
{{Infobox government agency
{{Infobox government agency
|agency_name = Pennsylvania Department of Banking
| agency_name = Pennsylvania Department of Banking and Securities
|logo = Pennsylvania Department of Banking Logo.svg
| logo = DoBS Logo Horizontal.png
|logo_caption =
| logo_caption =
|seal =
| seal =
|formed = June 8, 1891
| formed = June 8, 1891
|dissolved =
| dissolved =
|superseding =
| superseding =
|jurisdiction = [[Government of Pennsylvania]]
| jurisdiction = [[Government of Pennsylvania]]
|headquarters = Market Square Plaza, Suite 1300<br />17 North 2nd Street<br />[[Harrisburg, Pennsylvania|Harrisburg]], [[Pennsylvania]]
| headquarters = Market Square Plaza, Suite 1300<br />17 North 2nd Street<br />[[Harrisburg, Pennsylvania|Harrisburg]], [[Pennsylvania]]
| coordinates = {{coord|40|15|37|N|76|52|57.5|W|type:landmark_region:US-PA|display=inline}}
|latd = 40 |latm = 15 |lats = 37 |latNS = N
| employees = 174
|longd = 76 |longm = 52 |longs = 57.5 |longEW = W
⚫
| budget = $20.8&nbsp;million ([[Fiscal year|FY]] 2010)<ref>{{Cite web |title=2010&ndash;11 Governor's Executive Budget |date=February 2, 2010 |publisher=[[Pennsylvania Office of the Budget]] |location=Harrisburg |url=http://www.portal.state.pa.us/portal/server.pt/document/768989/2010-11_budget_document_cd_pdf |format=[[Portable Document Format|PDF]] |page=E9.4 |access-date=July 14, 2010}}</ref>
|region_code = US-PA
|employees = 174
| chief1_name = Wendy S. Spicher
⚫
| chief1_position = Secretary of the Department of Banking and Securities
⚫
|budget = $20.8&nbsp;million ([[Fiscal year|FY]] 2010)<ref>{{Cite web |title=2010&ndash;11 Governor's Executive Budget |date=February 2, 2010 |publisher=[[Pennsylvania Office of the Budget]] |location=Harrisburg |url=http://www.portal.state.pa.us/portal/server.pt/document/768989/2010-11_budget_document_cd_pdf |format=[[Portable Document Format|PDF]] |page=E9.4 |accessdate=July 14, 2010}}</ref>
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| parent_agency =
|chief1_name = [[Steven Kaplan (Pennsylvania)|Steven Kaplan]]<ref>{{Cite book |editor-first=Sharon |editor-last=Trostle |year=2009 |title=[[The Pennsylvania Manual]] |location=Harrisburg |publisher=[[Pennsylvania Department of General Services]] |volume=119 |page=4-39 |isbn=0-8182-0334-X}}</ref>
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| child1_agency =
⚫
|chief1_position = Secretary of Banking
⚫
| website = [https://www.dobs.pa.gov dobs.pa.gov]
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|parent_agency =
⚫
| footnotes =
⚫
|child1_agency =
⚫
|website = [http://www.banking.state.pa.us www.banking.state.pa.us]
⚫
|footnotes =
}}
}}
'''Pennsylvania Department of Banking''' is a cabinet-level agency in [[Pennsylvania]].<ref>{{cite web| title = PA DOB: About DOB: About Us| work = www.banking.state.pa.us| publisher = [[Commonwealth of Pennsylvania]]| date = | url =http://www.banking.state.pa.us/banking/cwp/view.asp?a=1347&q=546339&bankingNav=|32150|}}</ref>
The '''Pennsylvania Department of Banking and Securities''' is a cabinet-level agency in [[Pennsylvania]].<ref>{{cite web| title = PA DOB: About DOB: About Us| work = www.banking.state.pa.us| publisher = [[Commonwealth of Pennsylvania]]| url =http://www.banking.state.pa.us/banking/cwp/view.asp?a=1347&q=546339&bankingNav=%7c32150}}</ref>


==Organization==
==Organization==
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 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.

==Responsibilities==
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.[http://www.portal.state.pa.us/portal/server.pt/community/about_the_department/14320/about_us_4_1/591869].


==See also==
==See also==
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*[http://www.banking.state.pa.us/ Pennsylvania Department of Banking]
*[http://www.banking.state.pa.us/ Pennsylvania Department of Banking]


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{{Pennsylvania cabinet agencies}}
{{Bank regulation in the United States}}
{{Bank regulation in the United States}}


{{authority control}}
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{{Pennsylvania-stub}}

[[Category:State agencies of Pennsylvania]]
[[Category:State agencies of Pennsylvania]]
[[Category:Bank regulation in the United States by state|Pennsylvania]]
[[Category:Bank regulation in the United States by state|Pennsylvania]]
[[Category:Government agencies established in 1891]]
[[Category:1891 establishments in Pennsylvania]]

Latest revision as of 17:04, 6 August 2024

Pennsylvania Department of Banking and Securities
Agency overview
FormedJune 8, 1891
JurisdictionGovernment of Pennsylvania
HeadquartersMarket Square Plaza, Suite 1300
17 North 2nd Street
Harrisburg, Pennsylvania
40°15′37″N 76°52′57.5″W / 40.26028°N 76.882639°W / 40.26028; -76.882639
Employees174
Annual budget$20.8 million (FY 2010)[1]
Agency executive
  • Wendy S. Spicher, Secretary of the Department of Banking and Securities
Websitedobs.pa.gov

The Pennsylvania Department of Banking and Securities is a cabinet-level agency in Pennsylvania.[2]

Organization

[edit]

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.

Responsibilities

[edit]

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.[1].

See also

[edit]

References

[edit]
  1. ^ "2010–11 Governor's Executive Budget" (PDF). Harrisburg: Pennsylvania Office of the Budget. February 2, 2010. p. E9.4. Retrieved July 14, 2010.
  2. ^ "PA DOB: About DOB: About Us". www.banking.state.pa.us. Commonwealth of Pennsylvania.
[edit]
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