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Banking regulator asks for ongoing funding for two examiners to oversee new charters
2373973 · February 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Kevin Hagler, Commissioner of the Department of Banking and Finance, requested ongoing funding for two examiner positions to handle increased workload related to merchant-acquiring and limited-purpose bank charters; the precise FY26 funding amount was not clearly enunciated in the transcript.
Kevin Hagler, Commissioner of the Georgia Department of Banking and Finance, told the General Government Subcommittee the department needs ongoing funding for two examiners in the Financial Institution Supervision unit to meet increased workload from new charters for…
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