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Banks


About three out of four banks headquartered in Pennsylvania are chartered by the Pennsylvania Department of Banking and Securities. These entities include banks, bank and trust companies, and savings banks. Bank customer accounts are insured by the Federal Deposit Insurance Corporation (FDIC).

News

11/13/2017 
Secretary's Letter on Cybersecurity (PDF)
The Department continues to work collaboratively with federal regulators, other states financial regulators, and other Commonwealth agencies to address cybersecurity challenges.

2018 Bank Holidays
 Information (PDF)

Federal Government Principles on Responding to Cyber Incidents
A Presidential Policy Directive (PPD-41) released on July 26, 2016, sets forth principles governing the federal government’s response to any cyber incident, whether involving government or private sector entities. For significant cyber incidents, PPD-41 also establishes lead federal agencies and an architecture for coordinating the broader federal government response. Learn more: http://bit.ly/2aeAUtZ.
 

Cybersecurity Update
The Federal Financial Institutions Examination Council (FFIEC) members have issued a revised Management booklet, which is part of the FFIEC Information Technology Examination Handbook (IT Handbook). The IT Handbook is available here.

2017 Annual Audit Reports Due
Read the Deputy Secretary's Letter dated May 1, 2018 2017 Annual Audit Report (PDF) for commercial banks, commercial bank & trust companies, and savings banks:  
email to ra-bndepannualauditr@pa.gov.  
Trust companies should email RA-BNTrustAudit@pa.gov

2018 Oaths and Rosters Due
Read the Director's Letter dated May 1, 2018 2018 Oath and Roster Forms (PDF).
commercial banks, commercial bank & trust companies, and savings banks:  
e-mail to ra-bnoathrosterforms@pa.gov

The department has issued a Deputy Secretary’s letter regarding Accumulated Other Comprehensive Income (AOCI) op-out election on your institution’s March 31, 2015, Call Report. An institution that is not an advanced approaches institution must choose to either opt out or not opt out of the requirement to include most components of AOCI in common equity tier 1 capital. The election is irrevocable. Please review the Deputy Secretary’s letter (PDF) for important information.
   
Read the Secretary's Letter on bank assessment fees (PDF). Visit the department's Estimated Assessment Calculator.

 

Contact Us:

Bank Supervision717.783.8240

Trust Supervision: 717.425.5471

Institution Applications: 717.783.2253

Consumers wishing to file a complaint or ask a question can use our online form or contact Consumer Services at 1-800-PA-BANKS (800.722.2657).