pc
nid 92012
Apr 09, 2026
ggallwey@vixio.com
New Hampshire
Banking Department
financial services
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1887 charsNew Hampshire Banking Department Readopts Organizational Rules with Structural Amendments
On April 9, 2026, the New Hampshire Banking Department issued a rulemaking notice to readopt and amend its organizational rules under Ban 100, which describes the Department's organization, operations, and methods for public accessibility in accordance with RSA 541-A:16, I(a).
The proposed amendments reflect a recent structural reorganization within the Department. Key changes include combining the Department's former Trust and Banking Divisions into a single Chartered Institutions Division; adjusting the Department's office closure time; expanding descriptions of the Department's purpose, scope, divisions, and functions; and updating information regarding the Department's website, as a licensee list is no longer maintained there. The amendments affect all financial services entities supervised by the Department, including state banks, credit unions, trust companies, family trust companies, and consumer credit businesses. The rules also inform the general public about the Department's organization and how to access its information and services.
The fiscal impact statement confirms there is no difference in costs between the proposed and existing rules, with no impact on state general or special funds, state citizens, political subdivisions, or independently owned businesses. The proposed rules do not violate Part I, Article 28-a of the New Hampshire Constitution and do not mandate new or expanded programs or responsibilities for any political subdivision.
A public hearing is scheduled for Thursday, May 14, 2026, at 11:00 AM at the New Hampshire Banking Department, 53 Regional Drive, Suite 200, Concord, New Hampshire 03301. Written submissions must be received by Friday, May 22, 2026, and should be directed to legal@banking.nh.gov. Inquiries may be directed to Catherine Davidow, Hearings Examiner, at (603) 271-3561 or catherine.j.davidow@banking.nh.gov.
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1398 charsNew Hampshire Banking Department Issues Rulemaking Notice Regarding Organizational Rules
On April 9, 2026, the New Hampshire Banking Department (the Department) issued a rulemaking notice proposing the readoption with amendments of its organizational rules (Ban 100), which set out the Department’s structure, operations, and processes for public access to information in accordance with RSA 541-A:16, I(a).
The proposed amendments are administrative in nature and aim to update the rules to reflect the Department’s current organizational structure and practices. Key changes include the consolidation of the Trust and Banking Divisions into a single Chartered Institutions Division, updates to office hours, expanded descriptions of the Department’s functions and scope, and revisions to website references following the removal of publicly available licensee listings.
The rules apply broadly to all entities supervised by the Department, including banks, credit unions, money transmitters, trust companies, and consumer credit businesses, as well as to members of the public seeking to interact with the Department.
The organizational rules do not expire, and the proposed readoption is intended to ensure that required information on the Department’s structure and operations remains current. The proposal does not introduce new compliance obligations or costs for regulated entities.
A public hearing is scheduled for May 14, 2026, and written comments are due by May 22, 2026.