Division of Banking and Securities

Welcome to the new website for the
Division of Banking and Securities.

We are still in the process of updating our website and we apologize for the inconvenience.
If you are looking for something that you can't find, please don't hesitate to call us at (907) 465-2521 and we will be happy to help you.

Director's portrait

Ms. Kevin Anselm
Division Director


Program Overview

The division consists of three sections that administer 12 statutory programs.  In addition to licensing and examination duties, staff examiners answer inquiries, investigate and resolve complaints, and contribute to education and outreach activities.


Charter, license and examine state financial institutions including banks, holding companies, credit unions, trust companies, business industrial development corporations, small loan companies, premium finance companies, and payday lenders.

Consumer Finance

Register, license and examine non-depository financial institutions, including mortgage lenders and brokers, as well as money service businesses. Investigate and resolve complaints and take enforcement action as needed. Provide consumer education and outreach.


Register securities, license and examine those who sell securities and provide securities advice, including broker-dealers, investment advisers, and salespersons registered to work with Alaskan investors.  Accept exempt securities and notice filings and issue no action or interpretive letters.  Administer Alaska Native Claims Settlement Act proxy material filing requirements and respond to inquiries and requests for investigation.  This section also oversees enforcement matters, investigates investor complaints and reports of fraud.