State regulators supervise a diverse financial ecosystem.  Learn how the states oversee licensed financial businesses.

The State Licensing System

State regulators oversee more than banks.  State regulators also license and regulate consumer finance companies, payday lenders, check cashers, debt collectors, money service businesses, mortgage companies, mortgage loan originators, and a host of other financial services providers.
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Bank Service Company Examination Coordination Act

State regulators strongly support the Bank Service Company Examination Coordination Act. The BSCA, a bill introduced in the 114th Congress, is commonsense, bipartisan legislation that makes state and federal supervision more efficient and more effective.
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