Washington State Department of Financial Institutions

News Release

Tuesday, August 03, 2010

Contact

Lyn Peters, Director of Communications
PH (360) 902-8731, lyn.peters@dfi.wa.gov

Gloria Papiez, Deputy Director
PH (360) 902-8820, gloria.papiez@dfi.wa.gov

FOR IMMEDIATE RELEASE:


Washington Department Of Financial Institutions Offices Will Be Closed Friday, Aug. 6, 2010 In Compliance With State Law

Online services remain available, no staff will be on-site during temporary layoff day

OLYMPIA – The Washington State Department of Financial Institutions offices will be closed Friday, Aug. 6, 2010 for the second agency temporary layoff day in compliance with Engrossed Substitute Senate Bill 6503 (ESSB 6503).

The Washington Office of Financial Management Website explains the statewide impact, stating, “The current recession has reduced state revenues significantly, forcing the Legislature to make cuts in agency budgets. State agency closures will require affected state workers to take an unpaid day off through temporary layoffs. Office closures and compensation reduction plans are intended to save more than $70 million in state operating costs ($38M state general fund, $35M other funds).”

Online services for consumers and licensees — such as verifying a license, filing a complaint, accessing financial education or foreclosure assistance information, accessing information on how to apply for a license and necessary forms, etc. — will still be available. However, staff will not be available to answer calls, respond to e-mail or process applications or complaints.

Additional closures are scheduled to take place Sept. 7 and Oct. 11, Dec. 27.

For a complete list of which agencies scheduled for closures, go to http://ofm.wa.gov/layoff/agency_list.pdf.

For more information on state agency closures, visit http://ofm.wa.gov/layoff/.


About DFI
www.dfi.wa.gov ▪ 360.902.8700 ▪ 877.RINGDFI (746.4334)
The Washington State Department of Financial Institutions regulates a variety of financial service providers such as banks, credit unions, mortgage brokers, consumer loan companies, payday lenders and securities brokers and dealers. The department also works to improve financial education throughout Washington through its outreach programs and online clearinghouse www.dfi.wa.gov/financial-education. In addition to posting information about licensees and administrative actions, DFI uses the Web and social media to provide financial education information:
www.twitter.com/FinEd4Allwww.twitter.com/DFIConsumersfinlit.blogspot.comwww.youtube.com/user/WADFIwww.homeownership.wa.gov

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