New Hampshire Banking Department

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New Hampshire Banking Department
Agency overview
Formed1837[1]
JurisdictionNew Hampshire
Headquarters53 Regional Drive
Concord, New Hampshire
Employees51 (June 2020)[2]: 2 
Agency executives
  • Emelia A.S. Galdieri, Bank Commissioner[3]
  • vacant, Deputy Bank Commissioner[1]
Websitewww.nh.gov/banking

The New Hampshire Banking Department is a state agency of the U.S. state of New Hampshire, headquartered in Concord. The department supervises all state-chartered financial institutions including commercial banks, merchant banks, and credit unions.[1] As of June 2020, there were 61 charted institutions with a total of 329 branches in the state.[2]: 3  The department has three divisions: Banking and Trust Division, Consumer Credit Division, and Office of the Legal Counsel.[1]

The department dates to 1837, when Isaac Hill, the state's 16th governor, approved the state's first bank commissioners.[1] Since 1925, the department has been led by a single commissioner,[1] authorized under New Hampshire Revised Statutes Annotated (NH RSA) Chapter 383.[4] The commissioner is appointed to a six-year term by the Governor of New Hampshire with approval of the Governor's Council.[3]

References[edit]

  1. ^ a b c d e f "About Us". NH.gov. Retrieved February 20, 2022.
  2. ^ a b The Annual Report of the Bank Commissioner (PDF). New Hampshire Banking Department. 2020. Retrieved February 20, 2022.
  3. ^ a b "Galdieri Named as New Hampshire Commissioner of Banks". Cooperative Credit Union Association. January 12, 2022. Retrieved February 20, 2022.
  4. ^ "383: Bank Commissioner". New Hampshire Statutes. NH.us. New Hampshire General Court. Retrieved February 20, 2022.

External links[edit]