2150 Department of Financial Institutions
Program Descriptions

10 - LICENSING AND SUPERVISION OF BANKS AND TRUST COMPANIES

The objective of this program was to promote the integrity and stability of state-licensed banks and foreign banks and trust companies through the regulation and supervision of these institutions. Program activities included examinations at least once every three years to ensure that business was conducted in a safe and sound manner, and investigation of new bank and trust company applications and other required applications.