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THE COMMONWEALTH OF MASSACHUSETTS DIVISION OF BANKS BOARD OF BANK INCORPORATION 1000 Washington Street, 10th Floor, Boston, Massachusetts 02118 Board Members CHARLES D. BAKERDAVID J. COTNEYGOVERNORCOMMISSIONER
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The Division of Banks (DOB) within the Massachusetts government is responsible for the regulation and oversight of state-chartered banks, credit unions, and other financial institutions to ensure their safety and soundness.
All state-chartered banks, credit unions, and certain other financial institutions operating within Massachusetts are required to file with the Division of Banks.
To fill out the Division of Banks forms, institutions must provide accurate financial information and disclose relevant operational data as specified in the forms available on the Division's website.
The purpose of the Division of Banks is to ensure the integrity, efficiency, and stability of the banking system within Massachusetts while protecting consumer interests.
Institutions must report financial statements, operational data, and compliance with applicable laws and regulations as required by the Division of Banks.
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