Washington State Department of Financial Institutions

News Release

Tuesday, July 06, 2010

Contact

Lyn Peters, Director of Communications
PH (360) 902-8731, lyn.peters@dfi.wa.gov

Gloria Papiez, Deputy Director
PH (360) 902-8820, gloria.papiez@dfi.wa.gov

FOR IMMEDIATE RELEASE:


Washington Department Of Financial Institutions Offices Will Be Closed Monday, July 12, 2010 In Compliance With State Law

Online services remain available, no staff will be on-site during temporary layoff day

OLYMPIA – The Washington State Department of Financial Institutions offices will be closed Monday, July 12, 2010 in compliance with Engrossed Substitute Senate Bill 6503 (ESSB 6503).

The Washington Office of Financial Management Website explains, stating, “The current recession has reduced state revenues significantly, forcing the Legislature to make cuts in agency budgets. State agency closures will require affected state workers to take an unpaid day off through temporary layoffs. Office closures and compensation reduction plans are intended to save more than $70 million in state operating costs ($38M state general fund, $35M other funds).”

Online services for consumers and licensees — such as verifying a license, filing a complaint, accessing financial education or foreclosure assistance information, accessing information on how to apply for a license and necessary forms, etc. — will still be available. However, staff will not be available to answer calls, respond to e-mail or process applications or complaints.

Additional information about Washington’s temporary layoff days is available at http://www.ofm.wa.gov/layoff/default.asp.


About DFI
www.dfi.wa.gov ▪ 360.902.8700 ▪ 877.RINGDFI (746.4334)
The Washington State Department of Financial Institutions regulates a variety of financial service providers such as banks, credit unions, mortgage brokers, consumer loan companies, payday lenders and securities brokers and dealers. The department also works to improve financial education throughout Washington through its outreach programs and online clearinghouse www.dfi.wa.gov/financial-education. In addition to posting information about licensees and administrative actions, DFI uses the Web and social media to provide financial education information:
www.twitter.com/FinEd4Allwww.twitter.com/DFIConsumersfinlit.blogspot.comwww.youtube.com/user/WADFIwww.homeownership.wa.gov

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