Welcome to the Finance Commission of Texas

Sunset Review

The mission and performance of the Texas Department of Banking are under review by the Legislature as required under the Texas Sunset Act. The Act provides that the Sunset Commission, composed of legislators and public members, periodically evaluate a state agency to determine if the agency is still needed and to explore ways to ensure that the agency's funds are well spent. Based on the recommendations of the Sunset Commission, the Texas Legislature ultimately decides whether an agency continues to operate into the future. If you would like to share your ideas about the commission, please send an email.

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Mission Statement

 

The mission of the Finance Commission of Texas is to ensure that the banks, savings institutions, consumer credit grantors, and other regulated entities chartered or licensed under state law operate as sound and responsible institutions that enhance the financial well-being of the citizens of Texas.


Overview

 

The Commission is responsible for overseeing and coordinating the activities of the Texas Department of Banking (TXDOB), the Department of Savings and Mortgage Lending (SML), and the Office of Consumer Credit Commissioner (OCCC). The Commission aims to ensure Texas’ financial service providers operate in a safe and sound manner, industries function as a coordinated system considering the broad scope of the financial services arena under its jurisdiction, and consumers that seek services from licensed financial service providers are protected from unfair or damaging practices.

The Commission was established in 1943 and derives its authority from Chapter 11 of the Texas Finance Code. The Commission consists of eleven members who are private citizens appointed by the Governor of Texas, subject to Senate confirmation.

 

Upcoming Meetings



Audit Committee
Friday, October 20, 2017
Time: 8:00 am

Finance Commission Meeting
Friday, October 20, 2017
Time: 8:30 am
 
Audit
Committee

Packet
Agenda

Finance
Commission

Packets
Agenda
 
Location:
Finance Commission Building
William F. Aldridge Hearing Room
2601 North Lamar Boulevard
Austin, Texas


Meeting Material Archives  


 

Finance Commission Agencies

Texas Department of Banking
Texas Department of Savings and Mortgage Lending
Office of Consumer Credit Commissioner

 

2017 Meeting Dates

October 20
December 15

 

2018 Meeting Dates

February 16
April 20
continued

 

Finance Commission Building

 

State Finance Commission Building
2601 N. Lamar Boulevard
Austin, Texas 78705
(512) 936-6222

Fax: (512) 475-1313

 

Driving Directions

 

Finance Commission Agency Related Sites