COVID-19 Information and Guidance
The physical locations for the Department of Banking and Securities are currently closed. We are maintaining operations through electronic communication.
The Department of Banking and Securities has received a number of questions about whether banks and other financial institutions are subject to Governor Wolf's order that non-life-sustaining businesses in Pennsylvania close their physical locations in order to mitigate the spread of the COVID-19.
FAQ on Business Guidance
Please be aware that banks, credit unions, and certain non-depository licensees are NOT required to shutdown their physical locations. Credit intermediation and related activities do not require physical closure. A specific list of non-depository license types permitted to continue physical operations can be found HERE. Banks, credit unions, and non-depository licensees permitted to maintain physical operations are encouraged to remain open and operational and to follow best practices for social distancing.
Securities, Commodity Contracts, and Other Financial Investments and Related Activities categories should generally close physical locations under Governor Wolf's Industry Operations Guidance. Financial services authorized according to the CISA Advisory are permitted to maintain operations as necessary and in all cases should follow guidance by the Pennsylvania Department of Health and CDC.