The mission and performance of the Texas Department of Banking are under review by the Legislature as required under the Texas Sunset Act. The Act provides that the Sunset Commission, composed of legislators and public members, periodically evaluate a state agency to determine if the agency is still needed and to explore ways to ensure that the agency's funds are well spent. Based on the recommendations of the Sunset Commission, the Texas Legislature ultimately decides whether an agency continues to operate into the future. If you would like to share your ideas about the commission, please send an email.
Our Mission and Statutory Duties
With over 100 years of service to the citizens of Texas, the Department of Banking mission is to ensure that Texas has a safe, sound and competitive financial services system. Established in 1905, the Department’s statutory duties have evolved over the years. Today, the Department is responsible for the chartering or licensing and supervising the following: