The Role and Value of State Bank Regulators

State regulators are responsible for chartering, licensing and supervising state-chartered banks and non-bank financial services providers, including mortgage lenders.

The Washington State Department of Financial Institutions is the state bank regulator for Washington state.

State regulators play a critical role in the nation’s economy by ensuring financial services providers operate in a safe and sound manner and effectively serve state and local credit markets.

For more information about state regulation, watch this video from the Conference of State Bank Supervisors.