Business, Transportation & Housing
2150 Department of Financial Institutions

The mission of the California Department of Financial Institutions is to promote the integrity and stability of California's financial services system through the regulation and supervision of financial institutions that are either required to be licensed by the state or that choose a state license.
MAJOR PROGRAM CHANGES Back to Top
  • The 2011-12 Governor's Budget proposes $352,000 and three positions to handle increased consumer complaints and inquiries concerning financial institutions. The Governor's Budget also converts to permanent status five Financial Institutions Examiner positions that were provided on a limited-term basis in 2009-10, and that would otherwise expire at the end of 2010-11.
PROGRAMS Back to Top
The following table presents total proposed budget year personnel years and expenditures for each budgeted program area. These expenditures include all funding sources that support the state agency's programs.
Code Program
 Proposed
2011-12*
Personnel
Years
Dollars
10 Licensing and Supervision of Banks and Trust Companies
119.7
$22,890
20 Money Transmitters
21.6
3,153
40 Administration of Local Agency Security
3.6
400
50 Supervision of California Business and Industrial Development Corporations
-
33
60 Credit Unions
50.4
7,464
70 Savings and Loan
-
104
80 Industrial Banks
7.2
1,010
90.01 Administration
47.7
6,747
90.02 Distributed Administration
-
-6,747
Totals, Personnel Years and Expenditures (excluding Infrastructure)
250.2
$35,054
 
 Infrastructure Expenditures
-
-
Totals, Personnel Years and All Expenditures
250.2
$35,054

Refer to the Program Descriptions for a description of programs operated by this state agency.

Refer to the 3-Yr Expenditures & Personnel Years for expenditures, personnel years, and funding detail.
PRINTABLE BUDGET DOCUMENTS Back to Top
The following identifies budget documents for this state agency that are available in a printable (pdf) format.

Entire Department of Financial Institutions Budget (pdf * - 21K) in pdf format.
This document provides a printable format (pdf) of all budget information for this state agency. Note: Along with other information, this document includes the documents listed below.

 Fund Condition Statements ONLY (pdf * - 5K)
This document provides a printable format (pdf) of only the fund condition statements for each fund administered by this state agency.

 Detail of Appropriations and Adjustments ONLY (pdf * - 3K)
This document provides a printable format (pdf) of only the detail of appropriations and adjustments for this state agency.

ADDITIONAL INFORMATION Back to Top
Legal Citations and Authority
Includes the legal citations (state statutes, federal statutes, and court orders) for operation of department programs and activities.