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West Virginia Division of Banking 1900 Kanawha Boulevard, East Building #3, Room 311 Charleston, WV 25305-0240 |
Phone: (304) 558-2294 Fax: (304) 558-0442 Our regular Business hours are: 8:30am to 4:30pm M-F Eastern Std. |
This area is designed to aid those interested in obtaining current information relating to entities under the authority of the West Virginia Division of Banking. The West Virginia Division of Banking currently charters and regulates the following types of organizations: State Chartered Banks - banks chartered under the laws of the State of West Virginia and headquartered in this state. West Virginia Code Chapter 31A State Chartered Credit Unions - credit unions chartered under the laws of the State of West Virginia and headquartered in this state. West Virginia Code Chapter 31C Regulated Consumer Lenders - finance companies incorporated and physically located within the borders of the State of West Virginia. West Virginia Code Chapter 46A, Article 4 Mortgage Lenders and Brokers - entities (located anywhere) engaged in brokering and lending activities resulting in a subordinate lien on real estate located within this state. West Virginia Code Chapter 31, Article 17 Money Transmitters, Transporters, and Currency Exchangers - includes those engaged in the sale of checks, sale of money orders, and currency transportation. West Virginia Code Chapter 32A, Article 2 Check Cashers - physically located in the State of West Virginia. West Virginia Code Chapter 32A, Article 3. Traditional "Payday Lenders" are generally prohibited within this state. Supervised Financial Institutions - lending offices physically located with the borders of the State of West Virginia, permitted to engage in lending at rates equal or less than the stated permissible rate established by the West Virginia Lending and Credit Rate Board Detailed information relating to the licensing and operation of the above mentioned organizations may be found both in the Chapters of the West Virginia Code referenced above and this website. Access to the West Virginia State Code is provided by the West Virginia Legislature at www.legis.state.wv.us If your inquiry is extensive, you are advised to prepare and submit a formal written request to the: West Virginia Division of Banking State Capitol Complex Building #3, Room 311 1900 Kanawha Boulevard East Charleston, West Virginia 25305-0240 LICENSING Comprehensive information relating to all regulated entities is provided on this website. Further inquiries may be directed to Tracy Hudson, Director, Charters and Licensing at thudson@wvdob.org. INTERPRETIVE RULINGS The West Virginia Division of Banking provides interpretations to the code provisions cited above. Further inquiries may be directed to Robert Lamont, General Counsel at blamont@wvdob.org. STATUTES & REGULATIONS The West Virginia Code may be accessed in its entirety at www.legis.state.wv.us and regulations set forth by the Commissioner of Banking are available at the West Virginia Secretary of State's website located at www.state.wv.us/csr/ and found by following the links for Insurance and Finance and then the link that specifies Banking. Questions may be directed to Robert Lamont, General Counsel at blamont@wvdob.org. | |||
| ©1999 West Virginia Division of Banking. All Rights Reserved. |
