Skip navigation
Ensuring a Safe and Sound Federal Banking System for All Americans Site Map | Text Size: S M L

Preston Delano

Photo of Ray M. Gidney

19th Comptroller of the Currency

Dates Served: October 24, 1938 - February 15, 1953
Home State: Massachusetts

Preston Delano held office for 14 years, the longest term of any Comptroller. Delano was a businessman and investment counselor and was serving as governor of the Home Loan Bank Board when he was appointed Comptroller by President Franklin Roosevelt. He was responsible for preserving and stabilizing the national banks during wartime, when there was a vast increase in the volume of money needed for war expenditures and government debt rose substantially. Delano entered retirement after his resignation.