Division of Banks

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. 167 S. 1-48

Supervision of Banks

MGL C. 167B S. 1-24

Electronic Funds Transfer

MGL C. 167D S. 1-35

Deposits and Accounts

MGL C. 167E S. 1-16

Mortgages and Loans

MGL C. 168 S. 1-44

Savings Banks

MGL C. 169A S. 1-13

Check cashers

MGL C. 170 S. 1-35

Cooperative banks

MGL C. 171 S. 1-184

Credit Unions

MGL C. 172 S. 1-39

Trust Companies

MGL C. 140 S. 86-114C

Loans

MGL C. 140D S. 1-35

Consumer Credit

MGL C. 140E S. 1-4

Consumer Accounts

MGL C. 255 S. 7D-39A

Mortgages

MGL C. 255B S. 1-25

Vehicle Leases

MGL C. 255C S. 1-23

Insurance Finance

MGL C. 255D S. 1-32

Retail Financing

MGL C. 255E S. 1-12

Mortgage brokers