NYS Creates Department of Financial Services by combining State Insurance and State Banking Department

This fall NYS combined the State Insurance and State Banking Departments to create the State Department of Financial Services in New York to consolidate oversight of Financial Entities. http://www.dfs.ny.gov/index.htm


Covered Businesses and Entities are explained here :

http://www.dfs.ny.gov/about/whowesupervise.htm


Department of Financial Services communicates with weekly bulletins

the most recent of which was from 10/28/11

http://www.dfs.ny.gov/reportpub/wb111028.htm

and provides an active interface for covering Consumer needs in relation to Banking and Insurance under the New York State Department of Financial Services:

http://www.dfs.ny.gov/consumer/dfs_consumers.htm

Entities covered include Credit Unions, Banks, Insurance Companies and others including Mortgage Banks. Visit the Department for more details.