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Richard Vague
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{{Infobox government agency
{{Infobox government agency
|agency_name = Pennsylvania Department of Banking and Securities
| agency_name = Pennsylvania Department of Banking and Securities
|logo = Pennsylvania Department of Banking Logo.svg
| logo = Pennsylvania Department of Banking Logo.svg
|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}}
| coordinates = {{coord|40|15|37|N|76|52|57.5|W|type:landmark_region:US-PA|display=inline}}
|employees = 174
| employees = 174
|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>
| 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>
|chief1_name = [[Robin Wiessmann]]
| chief1_name = [[Richard Vague]]
|chief1_position = Secretary of Banking
| chief1_position = Secretary of Banking
|parent_agency =
| parent_agency =
|child1_agency =
| child1_agency =
|website = [http://www.banking.state.pa.us www.banking.state.pa.us]
| website = [http://www.banking.state.pa.us www.banking.state.pa.us]
|footnotes =
| footnotes =
}}
}}
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>
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>

Revision as of 07:58, 16 October 2021

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
Websitewww.banking.state.pa.us

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

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.

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.[1].

See also

References

  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.