The Kentucky Department of Financial Institutions (DFI) is the state agency responsible for the supervision of the financial services industry and for chartering, licensing and registering various financial institutions, securities firms and professionals operating in Kentucky. In order to accomplish its mission, DFI conducts examinations on state-regulated financial industries through its Division of Depository Institutions
, Division of Nondepository Institutions
and Division of Securities
DFI also provides educational materials and outreach to protect consumers from financial fraud. DFI assists the industry and public through the investigation of complaints filed with the office. If you have a question or need to file a complaint, DFI is here to help.
Everything you need on this site can be found using the yellow ribbon across the top of the page. In particular:
|6/1/2017||London Senior Scam Jam Event June 2|
|1/27/2017||Strengthen Passwords for Date Privacy Day|
|12/28/2016||DFI Winter Newsletter|
DFI has issued its 2016 winter newsletter, including articles on reaccreditation, red tape reduction, fraud events, a broker-dealer coordinated exam, an upcoming credit union event, and DFI leadership changes.
|12/22/2016||Licensing Notice for Mortgage Servicers|
Master servicers and sub servicers, with loans secured by residential real property located in Kentucky, who don't currently have a license will have until March 1, 2017, to obtain one. For complete details read the DFI Memorandum of Dec. 22, 2016.
|11/30/2016||Updated Financial Field Manual Available|
DFI is pleased to offer the 2016 update to the Financial Field Manual. This booklet is a personal finance guide for military families, presented by Kiplinger's and the Investor Protection Trust. This newest version also includes new retirement plan rules coming in 2018.
DFI's mission is to serve Kentucky residents and protect their financial interests by maintaining a stable financial industry, continuing effective and efficient regulatory oversight, promoting consumer confidence and encouraging economic opportunities.
Putting the Mission to Work
In fulfilling its mission, DFI is dedicated to serving the suppliers, as well as the users, of financial services and to assuring a stable market which brings the two together.
DFI also works to promote economic growth through increased capital, whether by initial capitalization of private investors or retained earnings, and by flexible policies, laws and regulations that provide for competition within the industries.
Primarily through the examination process, DFI determines if Kentucky's state-regulated financial institutions and securities entities are exercising safe and sound practices and/or complying with applicable laws and regulations. Depository institutions are evaluated in the areas of management, quality of assets, capital adequacy, earnings and liquidity and are checked for compliance with laws and regulations. Securities entity and non-depository institution examinations are focused primarily on regulatory compliance and consumer protection issues.
DFI's long and continuing tradition of public service is supported and sustained by a highly skilled and diverse workforce that responds rapidly to changes in the financial environment.