News & Events

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:

• State-Chartered Banks
• Trust Companies
• Money Services Businesses
• Prepaid Funeral Contract Sellers
• Perpetual Care Cemeteries
• Check Verification Companies