Idaho Department of Finance Receives CSBS Reaccreditation for Bank and Mortgage Supervision

The Idaho Department of Finance announces it has earned reaccreditation from the Conference of State Bank Supervisors (CSBS) for its bank and mortgage supervision programs. This recognition reaffirms the Department’s commitment to protecting Idaho consumers and ensuring a safe and sound financial system.

Tax Debt Settlement Firms are Required to Obtain a License in Idaho

In a significant ruling issued on August 21, 2025, the Idaho Supreme Court upheld the Idaho Department of Finance’s authority to regulate tax debt settlement companies under the Idaho Collection Agency Act (ICAA).

Patricia R. Perkins, Director of the Idaho Department of Finance, Retires

We extend our heartfelt gratitude to Patricia “Patti” Perkins for her many years of dedicated service to the Idaho Department of Finance. Appointed by Governor Brad Little as Director in January 2020, Patti brought exceptional leadership and vision to the Department.

Idaho Enacts “Report and Hold” Law to Strengthen Financial Protections for Seniors and Vulnerable Adults

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Idaho has enacted House Bill 182, known as the “Report and Hold” law, to help safeguard seniors and vulnerable individuals from financial fraud and exploitation.

Protect Your Financial Accounts: Evolving Imposter Scams Use New Tricks to Gain Access

The Idaho Department of Finance (IDOF) is alerting consumers to alarming new tactics reported in increasingly sophisticated imposter scams, wherein scammers disguise themselves as romantic connections, potential employers, or investment professionals, tricking victims into linking financial accounts and initiating an electronic request to transfer funds.