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

Last Updated: January 2019

Industry Number of Entities
State chartered depository institutions
State Chartered Banks 39
State Chartered Credit Unions 53
Foreign Bank Branch 1
Non-depository Trust Companies 18
Non depository institutions and persons
Check Casher - Main Office 104
Check Casher Branch Office 264
Check Seller Main Office 1
Consumer Loan Company Main Office 666
Consumer Loan Company Branch Office 2,472
Currency Exchanger - Main 8
Currency Exchanger - Authorized Delegates 4
Escrow Main Office 61
Escrow Branch Office 11
Escrow Officers 115
Money Transmitter - Main 174
Money Transmitter - Authorized Delegates 10,348
Mortgage Broker Main Office 283
Mortgage Broker Branch Office 172
Mortgage Loan Originators 14,825
Payday Lender - Main Office 23
Payday Lender - Branch Office 53
Securities industry
Business Opportunities 11
Franchises 1,064
Investment Companies 26,823
Investment Advisers 689
Investment Adviser Representatives 12,824
Securities Broker-Dealers 1,746
Branch Offices of Broker-Dealers 3,669
Securities Salespersons 175,542