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Banking Department
(redirected from State Banking Department)

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Banking Department
A cabinet-level agency of a state government charged with regulating banking in that state. In some states, the banking department also has responsibility over other financial instruments, such as insurance companies.


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The New York State Banking Department has given Gold Coast Bank a Community Reinvestment Act (CRA) rating of "Outstanding," the highest rating possible.
The State Banking Department closed the bank citing ineffective management and inadequate capital as well as a high volume of non-performing loans.
uk US regulators such as the Federal Deposit Insurance Corp and the Oklahoma State Banking Department have issued a cease and desist order to Exchange Bank of Skiatook.
 
 
 
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