Bank Commissioner, Kansas Office of the State (OSBC)
The Office of the State Bank Commissioner is responsible for regulating state chartered banks and trust companies, savings and loans, mortgage businesses, supervised lenders and money transmitters. As of June 2009 the estimated total assets of these regulated institutions is $29 billion. The main mission of the Office is to ensure the safety and financial soundness of state chartered financial institutions to maintain public confidence. The Commissioner is aided by a staff in Topeka and in four regional offices. The Office conducts examinations of banks and trust companies about every 18 months as well as providing regulatory updates for both banks and the public. A nine member bank board, appointed by the Governor, serves in an advisory capacity to the Commissioner. The web site for the Office of the State Bank Commissioner is http://www.osbckansas.org/index.html/.
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