Division of Banking
E1039050
The Division of Banking is a regulatory unit within Illinois state government responsible for overseeing and supervising banks and related financial institutions.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Division of Banking canonical | 1 |
Statements (32)
| Predicate | Object |
|---|---|
| instanceOf |
government agency
ⓘ
state regulatory authority ⓘ |
| collaboratesWith |
Federal Deposit Insurance Corporation
NERFINISHED
ⓘ
Federal Reserve System NERFINISHED ⓘ Office of the Comptroller of the Currency NERFINISHED ⓘ |
| country | United States of America ⓘ |
| employerType | public employees ⓘ |
| enforces | Illinois banking statutes and regulations ⓘ |
| governmentLevel | state ⓘ |
| hasOfficialWebsite | https://idfpr.illinois.gov/banks.html ⓘ |
| headquartersLocation |
Chicago, Illinois, United States
ⓘ
surface form:
Chicago, Illinois
Springfield, Illinois NERFINISHED ⓘ |
| industry | financial regulation ⓘ |
| jurisdiction |
Illinois
ⓘ
surface form:
State of Illinois
|
| legalForm | administrative division of a state department ⓘ |
| location | Illinois ⓘ |
| monitors | financial condition of regulated institutions ⓘ |
| oversees | licensing of certain financial institutions in Illinois ⓘ |
| parentAgency | Illinois Department of Financial and Professional Regulation NERFINISHED ⓘ |
| partOf | Illinois Department of Financial and Professional Regulation NERFINISHED ⓘ |
| purpose |
promotion of a safe and sound state banking system
ⓘ
protection of depositors and consumers of financial services ⓘ |
| regulates |
other state-chartered financial institutions in Illinois
ⓘ
residential mortgage licensees in Illinois ⓘ savings banks in Illinois ⓘ state-chartered banks in Illinois ⓘ trust companies in Illinois ⓘ |
| regulatoryScope |
consumer protection oversight for certain financial services
ⓘ
prudential supervision of state-chartered banks ⓘ |
| sector | public sector ⓘ |
| supervises |
compliance of regulated institutions with state banking laws
ⓘ
safety and soundness of state-chartered banks ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.