Maryland Office of Financial Regulation

Department of Labor, Licensing and Regulation
Commissioner of Financial Regulation
500 North Calvert Street
Suite 402
Baltimore, MD  21202
Hours of Operation: 8:30 a.m. to 5:00 p.m., 
Monday through Friday, excluding holidays.
Telephone Number: (410) 230-6100
Fax Numbers: (410) 333-3866 or (410) 333-0475
E-mail Address: finreg@dllr.state.md.us
Website: http://www.dllr.state.md.us/finance/

FOR MORE ABOUT CONTINUING EDUCATION REQUIREMENTS: http://www.dllr.state.md.us/finance/industry/mortlendac.shtml

The Office of the Commissioner of Financial Regulation is the primary regulator for financial institutions chartered in Maryland, including State-chartered banks, credit unions, and trust companies; and State-licensed financial entities including, consumer finance companies, mortgage lenders, mortgage brokers, mortgage servicers, mortgage loan originators, credit reporting agencies, consumer debt collection agencies, debt management companies, check cashers, credit services businesses, and money transmitters.

The Office is responsible for licensing and supervising these businesses to ensure compliance with the laws and regulations of Maryland. Supervision of banks, credit unions and trust companies includes periodic on-site examinations, as well as, off-site monitoring programs. Each year, the Office handles numerous corporate applications from the banking industry, including formation of new banks, charter conversions, mergers and acquisitions, affiliates, trust powers, foreign bank offices, branches, etc. The Office is also responsible for licensing and supervising consumer lenders, mortgage lenders, mortgage brokers, mortgage servicers, mortgage loan originators, check cashers, consumer debt collection agencies, debt management companies, credit services businesses and money transmitters.

The Office provides assistance to consumers by investigating complaints of questionable business practices involving the financial institutions under its supervision and in related financial institutions.