Wisconsin Department of Financial Institutions

The Wisconsin Department of Financial Institutions (DFI) is a government agency based in Madison, Wisconsin, with approximately 255 employees. The department is responsible for overseeing and regulating a wide range of financial institutions and services within the state. The DFI's primary functions include regulating state-chartered banks and credit unions, as well as licensed financial services providers, charitable organizations, notaries, and the securities industry. The department also maintains the state's business and organization filings and administers the Wisconsin Consumer Act. Additionally, the DFI plays a role in promoting financial literacy and provides support for academic and career planning, specifically in the area of college savings programs. The DFI is financially self-sufficient, relying on program revenue generated from fees and assessments collected from regulated entities and individuals. This revenue stream allows the department to operate independently and fulfill its mission without relying on general state funds. For more information about the Wisconsin Department of Financial Institutions and its services, please visit their website at dfi.wi.gov.