Who DFI Regulates

The Washington State Department of Financial Institutions regulates:

State chartered depository institutions
Such as banks, credit unions, savings banks, non-depository trust companies, and foreign bank branch

Non depository institutions and persons
Including mortgage bankers, mortgage servicers, consumer loan companies, loan officers, check cashers and sellers (including payday lenders), money transmitters and currency exchangers, mortgage brokers and escrow agents and officers. The Department also registers entities that offer tax refund anticipation loans

Securities industry
Including securities broker dealers, investment advisers and their agents, securities issuers, franchises, franchise brokers, and business opportunities

Number of Licensees

List Updated Quarterly
Last Updated: August 2018

Industry Number of Entities
State chartered depository institutions
State Chartered Banks 43
State Chartered Credit Unions 54
Foreign Bank Branch 1
Non-depository Trust Companies 16
Non depository institutions and persons
Check Casher - Main Office 105
Check Casher Branch Office 267
Check Seller Main Office 1
Consumer Loan Company Main Office 660
Consumer Loan Company Branch Office 2,559
Currency Exchanger - Main 7
Currency Exchanger - Authorized Delegates 4
Escrow Main Office 56
Escrow Branch Office 11
Escrow Officers 113
Money Transmitter - Main 162
Money Transmitter - Authorized Delegates 10,348
Mortgage Broker Main Office 296
Mortgage Broker Branch Office 195
Mortgage Loan Originators 15,362
Payday Lender - Main Office 25
Payday Lender - Branch Office 56
Securities industry
Business Opportunities 11
Franchises 1,048
Investment Advisers 699
Investment Adviser Representatives 12,875
Investment Companies 27,034
Securities Broker-Dealers 1,803
Branch Offices of Broker-Dealers 3,675
Securities Salespersons 178,450