DOVER—Governor Matt Meyer today announced the nomination of Lisa Collison to serve as Delaware’s next State Bank Commissioner. Collison brings three decades of experience safeguarding Delaware’s financial system and a deep understanding of the institutions that power the state’s economy. Delaware stands at a defining moment for the financial services industry, as innovation, digital payment, and evolving consumer expectations reshape how financial institutions operate nationwide. At this inflection point, leadership matters more than ever.

“Delaware’s financial strength depends on strong, fair, and forward-looking oversight,” Governor Matt Meyer said. “Lisa Collison brings experience, integrity, and a clear understanding of how to protect consumers while positioning Delaware to lead again in financial services. I’m proud to nominate her as our next State Bank Commissioner.”

The State Bank Commissioner plays a central role in ensuring the strength, stability, and integrity of Delaware’s financial system. The Commissioner administers and enforces the State Banking Code under Title 5 of the Delaware Code and oversees all financial institutions chartered or licensed in Delaware. This includes state-chartered banks and trust companies, as well as a wide range of nonbank financial institutions such as consumer finance companies, mortgage lenders and originators, money transmitters, motor vehicle sales finance companies, and check cashers.

At a time when the financial sector is evolving rapidly, the Commissioner ensures institutions are rigorously examined, remain compliant with state and federal laws, and operate in ways that protects consumers and the broader economy. The office also administers Delaware’s bank franchise tax, responds to consumer inquiries and complaints, and promotes financial education to help Delawareans make informed financial decisions.

If confirmed, Collison will advance the Office of the State Bank Commissioner’s mission to pair innovation and growth with accountability and consumer protection, reinforcing Delaware’s reputation as a credible, well-regulated, and competitive home for financial services in the modern economy.

The nomination will be sent to the Delaware Senate for confirmation.

ABOUT THE NOMINEE
Lisa Collison is a lifelong Delawarean with an accounting background and an extensive career at the Delaware Office of the State Bank Commissioner (OSBC). Over the past 30 years, she has served in a wide range of regulatory and supervisory roles, including Bank Examiner, Chief Bank Examiner, Review Examiner, and Senior Deputy Bank Commissioner.

Throughout her career, Collison has played a central role in supervising financial institutions, enforcing the State Banking Code, and ensuring compliance with state and federal regulations. Her experience spans both traditional banking institutions and nonbank financial entities, giving her a comprehensive understanding of Delaware’s diverse financial landscape.

Collison resides in Harrington, Delaware, with her husband, Philip. She is the proud mother of two daughters, Kaylee and Maycee.

For any questions, please email govcomm@delaware.gov.

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