State Commissioner of Financial Services
Mark Valente was appointed as the Financial Services Commissioner for the state of Colorado on May 1, 2019. Commissioner Valente ensures the safety of over $20 billion in deposits by 1.5 million consumers in Colorado’s credit unions, savings and loan associations and life care institutions.
He is involved in the examination and enforcement functions of the Division of Financial Services, subject to the policy- and rule-making authority of the Financial Services Board, for all Colorado state-chartered credit unions. In addition, he is primary regulator for all state chartered savings and loan associations and certain financial aspects of life care institutions in the state.
Commissioner Valente joined the Division of Financial Services at DORA in October 2009 as a Field Examiner, then became Supervisory Examiner in 2011, and was appointed as the Deputy Financial Services Commissioner in 2014 before being appointed as Commissioner in 2019.
Before working for the Department of Regulatory Agencies, he worked in the automobile finance industry for over 10 years with a wide variety of responsibilities. He holds a Bachelor's degree in Biology from Wayne State University in Detroit, Michigan.