Georgia Residents Can Now Understand Financial Regulation with Ease

ATLANTA, GEORGIA - The State of Georgia has launched a dedicated webpage that explains financial regulation in simple terms, aiming to promote transparency and clarity for Georgians.

Overview of the Department of Banking and Finance (DBF)

The DBF is responsible for regulating and examining banks, credit unions, and trust companies chartered by the state. Additionally, DBF maintains regulatory authority over:

• Mortgage brokers, lenders, processors, and originators
• Money service businesses such as:
  • Money transmitters
  • Sale of check companies
  • Check cashers

New Webpage Provides Detailed Information

The new webpage provides a comprehensive overview of the various financial entities subject to regulation in Georgia, including:

• International banking organizations
• Bank holding companies conducting business within the state

The site also includes information on:

• Licensing requirements
• Examination procedures
• Enforcement actions taken by DBF

Accessing Additional Resources

For those looking for more information, the DBF website offers access to:

• Consumer alerts
• Regulatory reports
• Other valuable resources

Take Control of Your Financial Affairs

With this initiative, Georgia residents can now better understand the financial regulations in place to protect their interests and make informed decisions about their financial affairs.

Contact Information

The Department of Banking and Finance can be reached at: 2990 Brandywine Road, Suite 200 Atlanta, GA 30341-5565

Office hours: Monday through Friday from 8:00 a.m. to 5:00 p.m., Eastern Time Zone

Visit their website for more information!