Division of Banks (DOB)

Division of Banks

The Division of Banks (DOB) is the chartering authority and primary regulator for financial service providers in Massachusetts. DOB's primary mission is to ensure a sound, competitive and accessible financial services environment throughout the Commonwealth.


Main Office
1000 Washington Street, 10th Floor, Boston, MA 02118-6400


Open Monday through Friday 9:00 am - 5:00 pm.

Open Monday through Friday 9:00 am - 5:00 pm.

Open Monday through Friday 9:00 am - 5:00 pm. Use this number if you are hearing impaired.


(617) 956-1599

Who we serve

DOB supervises over 180 state-chartered banks and credit unions with combined assets of over $380 billion. DOB also licenses and examines over 8,000 non-depository institutions doing business in Massachusetts including:

  • Mortgage lenders
  • Mortgage brokers
  • Mortgage loan originators
  • Consumer finance companies
  • Money service businesses
  • Debt collectors
  • Loan servicers 

Recent news & announcements

Press Release

Division of Banks and State Treasurer’s Office Announce High School Recipients of The Financial Literacy Education Innovation Fund 

9/12/2017 Office of State Treasurer and Receiver General Deborah B. Goldberg

Providing capital to high schools across the Commonwealth to expand ‘Credit for Life’ and financial education fairs.


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