Skip to content
Mortgage Corporations and Brokers Information
Home » Financial Institution Info » Mortgage Corporations and Brokers Information

The Arkansas State Bank Department regulates only those mortgage corporations and 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 and brokers that are subsidiaries of national banks. Mortgage corporations and 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 and 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)

The State Bank Department was created by Act 113 of 1913. The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas. These 70 banks hold assets of over $170 billion as of December 31, 2025. The Department also is charged with supervising the bank holding companies of Arkansas state-chartered banks; state-chartered trust companies; regional and county industrial development corporations; industrial loan institutions; and capital development companies. The Department operates to ensure the safety and soundness of, and public confidence in, these institutions and organizations.