The Financial Institution Supervision and Credit (FISC) 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. FISC 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. FISC 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 a safe, sound, and stable banking and financial system that supports the growth and stability of the U.S. economy and fair and transparent consumer financial services.