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Arkansas State Bank Department

Our mission is to efficiently allocate Department resources to maintain a legal and regulatory structure for Arkansas that provides the public with convenient, safe and competitive banking, which allows for economic development within this State.

Mortgage Corporations/Brokers Information

 

The Arkansas State Bank Department regulates only those mortgage corporations/brokers which are subsidiaries of commercial banks chartered by the State of Arkansas.  The Office of the Controller of the Currency (OCC) regulates mortgage corporations/brokers that are subsidiaries of national banks.  Mortgage corporations/brokers that are subsidiaries of commercial banks chartered by states other than Arkansas are regulated by the state in which the bank is chartered.  Mortgage corporations/brokers that are independent are regulated by the Arkansas Securities Department (ASD). 

The ASD also regulates state chartered credit unions, savings and loan institutions, money transmitters and check cashers (in some cases). 

Office of the Comptroller of the Currency (OCC)

Arkansas Securities Department (ASD)