Arkansas Administrative Code Agency 210 - State Bank Department
Arkansas Administrative Code – Agency 210: State Bank Department
The Arkansas State Bank Department (Agency 210) is responsible for the regulation and supervision of state-chartered banks, bank holding companies, and trust companies operating within the state. Its core mission is to ensure safe and sound financial practices, protect depositors, and support the financial system's integrity in Arkansas.
Key Responsibilities:
Chartering and examining state banks and trust companies
Enforcing banking laws and regulations
Reviewing applications for new banks, mergers, acquisitions, or branch expansions
Supervising state-regulated financial institutions to ensure solvency and compliance
Coordinating with federal regulators like the FDIC and Federal Reserve when necessary
Relevant Rules and Regulations:
The administrative rules under Agency 210 may include sections such as:
Application procedures for new banks or branches
Capital requirements and loan limitations
Examination procedures and frequency
Consumer protection standards
Reporting requirements for state banks and trust companies
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