The Banking Supervision and Regulation (BS&R) Division of the Federal Reserve Bank of San Francisco supervises and regulates financial holding companies (FHCs), bank holding companies (BHCs), savings and loan holding companies (SLHCs), and state-chartered member banks (SMBs) in the Twelfth Federal Reserve District, which includes Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington. BS&R also supervises all overseas and international operations owned by District institutions as well as U.S. branches, agencies, and nonbank operations of foreign banks located in the District. BS&R is headquartered in San Francisco and maintains offices in Los Angeles and Salt Lake City.
Our staff work with other federal and state authorities to promote safety and soundness in the operation of the financial industry and fair and equitable treatment of consumers in their financial transactions. We do this through processing applications and through on-site examinations, off-site monitoring, and enforcement actions, when warranted.
Our mission is to promote the safety and soundness of the banking system, foster stability in financial markets, and ensure compliance with applicable laws and regulations, as well as to encourage banking institutions to responsibly meet the financial needs of their communities. This is accomplished through timely and effective supervision, early identification of emerging issues, prompt and appropriate regulatory responses, and efficient allocation of resources.