Banking Commission Annual Report 2009
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The Annual Report of the BANK COMMISSIONER 165th Edition Year Ending 2009 His Excellency Governor John H. Lynch and The Honorable Council State House Concord, New Hampshire 03301 Dear Governor Lynch and Members of the Council: I respectively submit the One Hundred Sixty-fifth Annual Report of the Bank Commissioner. This Annual Report is made pursuant to RSA 383:15 and covers calendar year 2009. Respectfully submitted, Robert A. Fleury Deputy Bank Commissioner 2009 LETTER TO THE GOVERNOR 1 STATE OF NEW HAMPSHIRE GOVERNOR John H. Lynch EXECUTIVE COUNCIL Raymond S. Burton Beverly A. Hollingworth Debora B. Pignatelli John D. Shea Raymond J. Wieczorek u u u BANK COMMISSIONER Peter C. Hildreth DEPUTY BANK COMMISSIONER Robert A. Fleury CHIEF BANK EXAMINER GENERAL COUNSEL DIRECTOR, CONSUMER CREDIT Todd A. Wells Celia K. Leonard Mary L. Jurta u u u BANK COMMISSIONER’S OFFICE 53 Regional Drive, Suite 200 Concord, New Hampshire 03301 Telephone (603) 271-3561 Fax (603) 271-0750 or (603) 271-1090 Web Site Address: www.nh.gov/banking Email Address: [email protected] 2 2009 New Hampshire BanKinG Department Organizational Chart Bank Commissioner Deputy Bank Commissioner Informational Representative Program Specialist II Attorney IV Chief Bank Examiner Administrator IV Program Secretary Typist Specialist I Part-Time Bank Examiner IV’s Administrator II Hearings Examiner - Hearings Examiners – Bank Examiner III’s Banking Consumer Credit Bank Examiner III’s Bank Examiner II’s, I’s, Paralegal II Paralegal II’s Trainees Bank Examiner II’s, I’s, Trainees Administrator I Program Specialist III Business Administrator I Program Specialist I’s Sr. Accounting Technician Executive Secretary Secretary I 2009 ORGANIZATIONAL CHART 3 4 2009 TABLE OF CONTENTS Foreword .................................................................................................................................................... 6 Mission Statement ..................................................................................................................................... 6 Functions of the Banking Department ...................................................................................................... 6 Number of State Chartered Institutions and Branches in New Hampshire ................................................ 6 Consumer Credit Division – Number of Licenses Issued .......................................................................... 6 New Nondepository Trust Companies ....................................................................................................... 7 Change in Control of Nondepository Trust Company ................................................................................ 7 Voluntary Dissolutions of Nondepository Trust Companies ....................................................................... 7 Mergers...................................................................................................................................................... 7 Conversions to a Federal Credit Union ..................................................................................................... 7 New Branch Offices ................................................................................................................................... 7 Branch Office Purchase and Assumption .................................................................................................. 7 Branch Office Relocations ......................................................................................................................... 7 Branch Office – Change of Address .......................................................................................................... 8 Branch Office Closing ................................................................................................................................ 8 Interstate Branch Offices ........................................................................................................................... 8 Loan Production Office Established ........................................................................................................... 8 Loan Production Offices Discontinued ....................................................................................................... 8 Amendments to Articles of Agreement ...................................................................................................... 8 Amendments to Bylaws ............................................................................................................................. 8 ATM’s – Cash Dispensing Machines & Remote Service Units .................................................................. 8 Bank Holding Companies .......................................................................................................................... 9 Non-Depository Bank Holding Companies ................................................................................................ 9 Legislation Enacted by the 2009 Session of the Legislature ................................................................ 9-13 Rules of the Bank Commissioner ............................................................................................................ 13 State Chartered Banks – General Information .................................................................................. 14-21 State Chartered Credit Unions – General Information ...................................................................... 22-25 State Chartered Institutions in New Hampshire by Municipality ......................................................... 26-28 Financial Information on Non-Depository Trust Companies and Trust Departments .............................. 29 Financial Information on State Chartered Banks ..................................................................................... 30 Financial Information on State Chartered Credit Unions ......................................................................... 31 Graphic Trends on Assets, Loans, and Deposits .............................................................................. 32-34 Debt Adjusters Licensees ........................................................................................................................ 35 Money Transmitters Licensees ................................................................................................................ 35 Mortgage Bankers Licensees ............................................................................................................ 35-38 Mortgage Brokers Licensees .............................................................................................................. 38-41 Mortgage Servicer Registration .......................................................................................................... 41-42 Retail Sellers Licensees .................................................................................................................... 42-46 Sales Finance Company Licensees ................................................................................................... 46-47 Small Loan Lender Licensees ................................................................................................................ 47 Legal Holidays ........................................................................................................................................ 48 2009 5 Foreword The one hundred sixty-fifth annual report of the Bank Commissioner contains management, financial information and locations of banks, credit unions and other financial institutions operating under state charters. This report also contains information concerning money transmitters, mortgage bankers and brokers, mortgage servicer registrations, retail sellers, sales finance companies, and small loan lenders licensed in 2009. Mission Statement The New Hampshire Banking Department is committed to protecting the public’s interest through professional supervision of the financial services we regulate. Functions of the Banking Department The Bank Commissioner is responsible for the general supervision of all New Hampshire chartered financial insti- tutions. These institutions include commercial banks, fiduciary trust companies, mutual savings banks, guaranty savings banks, co-operative banks, merchant banks, and credit unions. The commissioner is also charged with the licensing and supervision of non-bank mortgage lenders and brokers, money transmitters, mortgage loan servicers, retail sellers, sales finance companies, small loan, title loan, payday lenders, and debt adjusters. State laws mandate that the Department conduct examinations of each financial institution and licensed lender and broker to ensure sound financial management and compliance with state and federal laws and regulations. The Department is responsible for the investigation of branch applications, new bank applications and conversions, merger and consolidation applications of state chartered institutions. Number of State Chartered Institutions and Branches in New Hampshire Type of Institution Charters Branches Commercial Banks 7 35 Co-operative Banks 1 0 Credit Unions 16 57 Fiduciary Trust Companies 22 7 Guaranty Savings Banks 4 33 Merchant Banks 1 0 Mutual Savings Banks 6 29 Totals 57 161 Consumer Credit Division - Number of Licenses Issued Type of License Licenses Issued Debt Adjuster 32 Money Transmitters 1,754 Mortgage Banker 540 Mortgage Broker 229 Mortgage