Florida has dual oversight of the banking system, meaning that financial institutions are regulated by both state and federal agencies. The Division of Financial Institutions conducts periodic risk-based examinations and ensures that each state-chartered financial institution meets state and federal requirements for safety and soundness. The division is organized into two Bureaus of Bank Regulation (District I & II) and a Bureau of Credit Unions.
Bureau of Bank Regulation District I (North): conducts examinations and regulates state-chartered commercial banks in central and northern Florida.
Bureau of Bank Regulation District II (South): conducts examinations and regulates state-chartered commercial banks in southern Florida and is also responsible for trust companies, trust departments and international bank offices statewide.
Bureau of Credit Union Regulation: conducts examinations and regulates state-chartered credit unions throughout Florida.