Summer 2019 DFI Newsletter

Summer 2019 news and updates from the Washington State Department of Financial Institutions.

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DFI's First Agency Newsletter: Message from Charlie Clark

Quarterly message from DFI Director Charlie Clark.

Division of Credit Unions Joins Small Credit Union Workgroup

The Division of Credit Unions is participating in a small credit union workgroup.

Modernizing Washington Trust and Bank Statutes

On May 13, 2019, Governor Inslee signed SB 5107 - legislation updating and modernizing the Washington Trust Institutions Act, Title 30B RCW – into law.

Joe Vincent Recognized as Outstanding Adjunct Professor

Seattle University School of law recently recognized DFI Director of Regulatory Affairs, Joe Vincent, as Outstanding Adjunct Professor by Seattle University School of Law.

Scammer Who Re-victimized Unhappy Investors Pleads Guilty to Mail Fraud

Troy Van Sickle, a former Seattle resident pleaded guilty in U.S. District Court in Seattle to mail fraud on June 24, 2019.

Director Charlie Clark Testifies Before The U.S. House Financial Services Committee’s Task Force on Fintech Regulation

In his testimony, Charlie emphasized that state regulators continue to play a critical role in protecting consumers in the fintech environment, and Washington State, in particular, is a leader in the field.

DFI Helps Refund Money to Military Service Member

How DFI helped a military servicemember with getting their interest rate reduced to 6%.

Protecting Seniors from Financial Fraud

Seniors are often the target of fraud. Learn about how to avoid fraud and what DFI is doing to help protect seniors.

Money Smart Week Reading Days Reaches More Than 1,200 Washington Students

In April, as part of Financial Literacy Month, DFI’s financial education team worked with the Jump$tart Washington Coalition and the Financial Education Public Private Partnership in organizing Money Smart Week Reading Days in Washington classrooms.

Guide to Home Loans Now Available In Spanish

DFI’s workbook that explains the mortgage and home buying process in detail is now available in Spanish.

Educating Washington Consumers across the State

DFI’s financial education program has been busy giving presentations and attending outreach events across the state.