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

Last Updated: September 30, 2020

Industry Number of Entities
State chartered depository institutions
Commercial Banks 30
Savings Banks 8
Foreign Bank Branch 1
Non-depository Trust Companies 18
State Chartered Credit Unions 52
Non depository institutions and persons
Check Casher and Seller 94
Consumer Loan Company 751
Escrow Agent 57
Money Transmitter 216
Mortgage Broker 329
Mortgage Loan Originators 20,751
Payday Lender 20
Securities industry
Registered Business Opportunities 2
Registered Franchise Offerings 917
Registered Securities Offerings 39
Investment Advisers 728
Investment Adviser Representatives 13,700
Securities Broker-Dealers 1,722
Securities Salespersons 192,161