New York State Department of Financial Services Email Format
Financial ServicesNew York, United States501-1000 Employees
The New York State Department of Financial Services is a state government agency that regulates financial services activities in New York. It supervises roughly 1,500 banking and other financial institutions with assets above $2.6 trillion, and more than 1,400 insurance companies with assets above $4.7 trillion. The regulated universe includes life and property/casualty insurers, health insurers and managed care organizations, thousands of individual insurance licensees, and a substantial number of mortgage loan originators and servicers. The department also oversees a range of entities within the financial services sector, including state-chartered banks, foreign branches and agencies, credit unions, credit rating agencies, and hundreds of licensed financial services firms. Based in New York City, it operates within the broader financial services industry to support financial stability and consumer protection. The agency employs several hundred staff, reflecting its mid-sized regulatory role in managing a large and diverse financial system.