BANKING DEPARTMENT
\bˈaŋkɪŋ dɪpˈɑːtmənt], \bˈaŋkɪŋ dɪpˈɑːtmənt], \b_ˈa_ŋ_k_ɪ_ŋ d_ɪ_p_ˈɑː_t_m_ə_n_t]\
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A body that the state establishes to make sure banks are accessible, stable, and safe. An audit may be conducted. The jurisdiction covers credit unions, commercial banks, money transmitters, check cashing services, and nonbank mortgage lenders.
By Henry Campbell Black
