bank commissioner

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bank commissioner

The bank commissioner reviews the financial documents at the state office.

Definition

Noun: A bank commissioner is a government official appointed to oversee and regulate banking institutions within a specific jurisdiction, typically at the state level. This role involves ensuring banks operate safely, soundly, and in compliance with relevant laws and regulations.

Usage

The term "bank commissioner" is used to refer to the individual holding this specific regulatory office. It is a formal title. * The bank commissioner ordered an audit of the financial institution. * All new banking regulations must be approved by the state bank commissioner.

Advanced Usage
  • Office of the Bank Commissioner: This phrase refers to the department or administrative body headed by the bank commissioner.
    • The complaint was filed directly with the Office of the Bank Commissioner.
Variants and Related Words
  • Bank Superintendent: A synonymous title, often used interchangeably with "bank commissioner," emphasizing the supervisory function.
  • Financial Regulator: A broader term for any official or body that oversees financial institutions, which includes a bank commissioner.
  • Commissioner: The general title for a person with official authority, often heading a government department.
Synonyms
  • Banking regulator
  • State banking supervisor
Related Phrases
  • To report to the bank commissioner: To formally submit information or a complaint to this regulatory office.
    • The bank is required to report its quarterly earnings to the bank commissioner.
bank commissioner

The bank commissioner reviews the financial documents at the state office.

Noun
  1. a commissioner appointed to supervise banks; a state superintendent of banks