Division of Banks
Data Current as of:  9/11/2013

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Web Site:

www.mass.gov/dob

Organization Chart

Mission:

The mission of the Division of Banks is to advance the public interest with the highest level of integrity and innovation by ensuring a sound, competitive and accessible banking and financial services environment.

Governing Laws:

Statutes

MGL C. 26 S. 1-5A

Enabling Legislation

MGL C. 93 S. 24-28

Debt Collectors/Licensing, Including Third-Party Loan Servicing

MGL C. 167 S. 1-48

Supervision of Banks

MGL C. 167A S. 1-7

Examination of Bank Holding Companies

MGL C. 167B S. 1-24

Electronic Funds Transfer

MGL C. 167C S. 1-9

Banking and Branch Office Locations

MGL C. 167D S. 1-36

Bank Deposits and Accounts

MGL C. 167E S. 1-8

Bank Mortgages and Loans

MGL C. 167F S. 1-9

Bank Investments and Powers

MGL C. 167F S. 4

Regulation of Check Sellers/Licensing

MGL C. 167G S. 1-9

Bank Trust Departments

MGL C. 167H S. 1-11

Mutual holding Companies

MGL C. 168 S. 1-44

Savings Banks

MGL C. 169 S. 1-14

Foreign Transmittal Agencies/Licensing

MGL C. 169A S. 1-13

Check Cashers/Licensing

MGL C. 170 S. 1-35

Co-operative Banks

MGL C. 171 S. 1-84

Credit Unions

MGL C. 172 S. 1-39

Trust Companies/Commercial Banks

MGL C. 140 S. 96-114A

Small Loans/Licensing

MGL C. 140D S. 1-34

Consumer Credit Cost Disclosure/Truth-in-Lending

MGL C. 140E S. 1-4

Truth-in-Savings

MGL C. 183C S. 1-19

Predatory Home Loan Practices

MGL C. 255B S. 1-25

Retail Installment Sales of Motor Vehicles/Licensing

MGL C. 255C S. 1-23

Insurance Premium Financing/Licensing

MGL C. 255D S. 1-32

Retail Installment Sales and Services/Licensing

MGL C. 255E S. 1-12

Mortgage Lenders and Mortgage Brokers/Licensing

MGL C. 255F S. 1-15

Mortgage Loan Originators/Licensing

Regulations

222 CMR

All DOB Regulations